SOLD
Sold on 01 Jul 2024 for $8,350,000

21 Blanck Street
Ormeau QLD 4208

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3380m2
Land area: 6280m2
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Property Details for 21 Blanck St, Ormeau

Building Type
Commercial
Floor Size
3380m2
Land Size
6280m2
Local Government
Gold Coast City
Lot/Plan
22/SP169236

Last Listing description (January 2024)

Peter Laoudikos of Ray White Commercial is proud to present to the market 21 Blanck St, Ormeau QLD 4208.

Positioned in the Yatala Enterprise Area, a key corridor between Brisbane and the Gold Coast, this high clearance facility is situated on a 6,280m site and 3,382m of NLA. A brand new 5 year lease with 1 x 5 option returning $507,450* p/a + GST + Outgoings, this property is the ultimate box ticker in a thriving commercial location.

This outstanding investment opportunity features the following:

* Net annual income of $507,450* + GST + Outgoings
* Brand new 5 year lease with 1 x 5 year option
* Total land area 6,280m
* 3,382m of NLA
* High Clearance Warehouses
* 3 car entry points
* Air-conditioned offices
* Large hardstand area
* Abundance of tenancy signage opportunities
* Large future upside with ability to split into multiple tenancies
* Easy access to exit points (north and south bound lanes) on the M1 Pacific Motorway
* Motivated owners afford you this opportunity

For more information or a private inspection, please contact the exclusive marketing agents Peter Laoudikos on 0422 118 288

*Approximately

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property History for 21 Blanck St, Ormeau, QLD 4208

A timeline of how this property has performed in the market
Last Sold
$8,350,000
01 Jul 2024
Listed for Rent
$3.65k/w
29 Jul 2020
  • 01 Jul 2024
    Sold for $8,350,000
  • 25 Jul 2022
    Listed for Rent - Price not available
  • 20 Apr 2022
    Listed for Sale Contact Agent
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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 6,624 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 52 properties listed for sale, and 31 properties listed for rent in Ormeau on OnTheHouse. According to CoreLogic's data, 312 properties were sold in the past 12 months in Ormeau.

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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.