FOR SALE
EOI closes 5pm, Wednesday 23rd October 2024

25/28 Burnside Road
Ormeau QLD 4208

Bedrooms: -
Bathrooms: -
Car spaces: 5
Floor area: 281m2
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Rarely offered Private Coworking Office - 281m²* newly renovated offices returning $162,240* plus GST gross

Positioned perfectly in a key corridor between Brisbane and the Gold Coast, this newly refurbished Corporate Cowork space offers 281m²* of office over 2 levels with new renovations and facilities built to provide a sophisticated office investment rarely available in SEQ.
This is perfect for the astute investor looking for a strong income opportunity with the ability to manage and increase revenue over time. The northern Gold Coast corridor has become so important logistically with thousands relocating to the Gold Coast and Brisbane, providing the perfect central location for future business enterprise.
This well designed complex provides all features that you would expect from a modern industrial complex.
- 281m²* of office over two levels
- 9 tenancies currently producing $162,240* plus GST gross per annum
- Large upside with ability to increase office rates based on availability
- Opportunity to invest now and occupy later
- Exclusive use of 5 car spaces
- Corporate style offices with air-conditioning throughout and control panels in each office
- Boardroom and meeting room
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Property Details for 25/28 Burnside Rd, Ormeau

Building Type
Commercial
Floor Size
281m2

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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 6,608 properties. Over the last 5 years, Houses in Ormeau have seen a 84.98% increase in median value, while Units have seen a 110.34% increase. As at 31 August 2024:

  • The median value for Houses in Ormeau is $908,193 while the median value for Units is $725,625.
  • Houses have a median rent of $690 while Units have a median rent of $380.
There are currently 48 properties listed for sale, and 19 properties listed for rent in Ormeau on OnTheHouse. According to CoreLogic's data, 308 properties were sold in the past 12 months in Ormeau.

Suburb Insights for Ormeau 4208

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Peter Laoudikos
Liam Coughlan
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.