62 Panache Street
Molendinar, QLD 4214

Overview

62 Panache Street

Whether you are an investor seeking a rental property in a suburb with demonstrated growth or an owner occupier looking for a renovation project, this property at 62 Panache Street provides a solid foundation with significant potential.

Situated on a flat and usable 608 square meter block, this home is a classic example of a renovator's delight. It features solid brick walls and good structural bones, offering ample space for a rewarding transformation.

The residence comprises three bedrooms and one bathroom, complemented by a double carport. Currently leased at $700 per week until October 2026, it provides immediate rental income while you plan your next steps.

Whether your intention is to renovate for your primary residence or hold the property long-term, the local market data supports this decision. Molendinar has experienced an 11.4% increase in median rental prices over the past year, reflecting growing demand.

The block itself is a standout feature, being flat and functional with plenty of room for additions such as a pool or a large outdoor extension. This represents an entry-level opportunity to enter a high-demand market and build genuine equity through renovation.

Key details include:

• 608 square meters of flat, usable land
• Current lease at $700 per week until 8 October 2026
• Rates amounting to $1,436.24 for the period January to June 2026
• Water charges of $440.03 for the last quarter
• Availability of Hybrid Fibre Coaxial (HFC) NBN as per seller disclosure

This property offers the essential elements: solid structure, ample land, and a price point that invites someone to elevate it to the next level.

Disclaimer: The information provided has been prepared with care to ensure accuracy; however, prospective buyers should conduct their own enquiries to verify all details.

Location