Back 11/7 Parkridge Drive
Off Market

11/7 Parkridge Drive

Molendinar QLD 4214

2
1
1
82 m²
Townhouse
Last sold for $655,000
Alex McCormackAlex McCormack, last sold this property on 10 October 2025 after 31 days on market.

Overview

Spacious Townhouse with Huge Potential

Auction Location: on site Set in a quiet, well-maintained complex, this two-bedroom townhouse presents an exciting opportunity for first-home buyers, renovators, or savvy investors. With solid bones, generous proportions across two levels, and a private outdoor area, this property is the perfect blank canvas to renovate and reap the rewards. Downstairs, the open plan living and dining area offers a functional space ready for a refresh, while the neat kitchen has excellent potential to modernize. Upstairs, you'll find two spacious bedrooms, both with built-in robes. The master boasts a built-in wardrobe, and access to a private balcony, ideal for your morning coffee or a peaceful afternoon unwind. The bathroom is large and functional, offering plenty of scope to add value, while outside, the fully fenced courtyard and covered patio provide a great space for entertaining or letting pets enjoy the sun. A single lock-up garage completes the picture. Located in a peaceful complex just moments from Griffith University, Gold Coast Hospital, public transport and major amenities, this home is ideal for those looking to create something special in a central location. Key Features: • Two generously sized bedrooms upstairs - Master with built-in wardrobe, robe & private balcony - Second bedroom with built-in robe • Spacious open plan living and dining area • Large bathroom with great renovation potential • Neat kitchen with scope to modernize • Private, fully fenced courtyard and covered patio – ideal for entertaining • Single lock-up garage • Quiet and well-maintained complex • Plenty of potential to add value with cosmetic updates • Close to local schools, Griffith University, hospital, shopping centres and public transport • Ideal for renovators, investors, or first-home buyers looking to personalize their space Key Financial Info: • Rental Appraisal: $700 - $750 per week approx • Body Corp: $76.80 per week approx • GCCC Rate: $41 per week approx • GCCC Water: $20 per week approx With solid bones, a great layout, and plenty of room to add value, this is a smart buy in a central location. Don't miss your chance to secure potential-packed real estate in Molendinar. The auction will be held on Saturday, 11th of October at 10:00am, on site. Contact Alex on 0411 510 099 for more information or to register your interest.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
82 m² floor area
Townhouse

Estimated Value

Based on this property and similar 2 bedroom townhouses sold in Molendinar over the last 12 months, the estimated median property value of 11/7 Parkridge Drive is $730k.

Median value
$730k
Estimated value range
$655k - $820k
Median days on market
29
Estimated value trend
26%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Molendinar. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 11/7 Parkridge Drive

2025
Sold
$655,000
10 Oct 2025 by Alex McCormack, of LJ Hooker Southport
2013
Sold
$184,750
Private Sale/Treaty on 03 Jan 2013 by Michael Folkard, of LJ Hooker Nerang

Happy sellers in Molendinar

92%
92% of sellers in Molendinar reported that their sale price either exceeded or met their price expectations.

Molendinar stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Molendinar over the last 12 months.

Local market activity for 2 bedroom townhouses in Molendinar

In the last 12 months, 7 two-bedroom townhouses similar to 11/7 Parkridge Drive, have been sold.

This represents a 14% decrease in two-bedroom townhouses sales when compared to the previous 12 months.

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