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1/76 Blanck Street
Ormeau QLD 4208

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 506m2
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PRIME COMMERICIAL PROPERTY

Oxford and Cambridge is excited to present an exceptional opportunity to acquire a prime warehouse located at 1/76 Blanck Street, Ormeau, offering exposure to over 60,000 vehicles daily in one of the Gold Coast's fastest-growing industrial precincts.
Key features include:
Total building area of 506m²
Spacious open-plan tilt panel factory
8-metre internal ceiling height
Fully equipped internal amenities, including showers
Surrounded by prominent national and multinational companies
Easy access to the M1 Pacific Motorway and major arterial routes
Current rental income of $90,628 per annum + outgoings (approx.)
Secure 5-year lease with 3 x 5-year options (potential for 20 years total)

Property Details for 1/76 Blanck St, Ormeau

Building Type
Commercial
Land Size
506m2

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About Ormeau 4208

The size of Ormeau is approximately 16.4 square kilometres. It has 33 parks covering nearly 12.2% of total area. The population of Ormeau in 2011 was 12,438 people. By 2016 the population was 14,466 showing a population growth of 16.3% in the area during that time. The predominant age group in Ormeau is 0-9 years. Households in Ormeau are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ormeau work in a trades occupation. In 2011, 63.2% of the homes in Ormeau were owner-occupied compared with 63.6% in 2016.

Ormeau has 6,622 properties. Over the last 5 years, Houses in Ormeau have seen a 85.13% increase in median value, while Units have seen a 115.34% increase. As at 31 October 2024:

  • The median value for Houses in Ormeau is $914,477 while the median value for Units is $739,038.
  • Houses have a median rent of $700 while Units have a median rent of $615.
There are currently 54 properties listed for sale, and 27 properties listed for rent in Ormeau on OnTheHouse. According to CoreLogic's data, 315 properties were sold in the past 12 months in Ormeau.

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Bill Kolliou
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Oxbridge Property Group
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