SOLD
Sold on 14 May 2024 for $17,900,000

18 Motorway Circuit
Ormeau QLD 4208

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 4598m2
Land area: 7980m2
Improve this data
Share
Save

Property Details for 18 Motorway Cct, Ormeau

Building Type
Commercial
Floor Size
4598m2
Land Size
7980m2
Local Government
Gold Coast City
Lot/Plan
60/SP157845

Last Listing description (September 2018)

Coldwell Banker Commercial Property Group are pleased to offer 18 Motorway Circuit, Ormeau for sale as a tenanted investment by way of Offers to Purchase.
The property is fully leased to Top Cut Foods which was established in 1981 and is an internationally accredited Australian manufacturer of quality meat products. In 2008, Top Cut Foods became part of the Simplot Australia staple of brands which include John West, Edgell, Leggo's, Birds Eye and Chiko. Some of these brands have long histories dating back more than 100 years.
Top Cut Foods export division has expertise in supplying into China, Japan, Hong Kong and Korea.

This state of the art food processing and cold storage facility has the following features:
- Modern building of 4,598sqm total
- 7,980sqm of total land component
- Strong lease covenants to national tenant
- Substantial income in excess of $957,000.00 p.a. nett
- 100% of outgoings paid by Tenant including Land Tax
- 7 year lease with two 5 year options
- Leased to blue chip company
- Information memorandum available via Exclusive Agents
This is a rare opportunity to purchase a blue chip investment, fully leased to a national tenant, owned by an international company with significant depreciation benefits and located in the growth corridor of Brisbane to the Gold Coast.
* Note: information sourced from www.topcut.com.au and www.simplot.com.au

Show More

Property History for 18 Motorway Cct, Ormeau, QLD 4208

A timeline of how this property has performed in the market
Last Sold
$17,900,000
14 May 2024
  • 14 May 2024
    Sold for $17,900,000
  • 11 Mar 2021
    Sold for $19,750,000
  • 31 Mar 2020
    Sold for $13,665,000
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 6,509 properties.

    There are currently 46 properties listed for sale, and 27 properties listed for rent in Ormeau on OnTheHouse. According to CoreLogic's data, 278 properties were sold in the past 12 months in Ormeau.

    Ormeau Profile Page

    Suburb Insights for Ormeau 4208

    Visit Ormeau profile page
    Market Insights
    Trends for Houses
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend
    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Trends for Units
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend
    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Neighbourhood Insights
    Age
    Household
    Occupancy
    No data to show
    Visit Ormeau profile page
    CoreLogic Copyright and Legal Disclaimers about Property Data

    © Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

    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.

    This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

    X

    GETTING STARTED