OFF MARKET

26 Notar Drive
Ormeau QLD 4208

Bedrooms: 20
Bathrooms: -
Car spaces: 2
Land area: 2172m2
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Property Details for 26 Notar Dr, Ormeau

Building Type
Commercial
Land Size
2172m2
Local Government
Gold Coast City
Lot/Plan
4/SP139327

Last Listing description (December 2023)

Newly Leased Industrial Asset - Freehold 866*m Commercial/Industrial Building in Prime M1 Northern Growth Corridor Location

Peter Laoudikos, as the exclusive agent, is pleased to offer for sale 26 Notar Drive, Ormeau. The property is located in the heart of one of the fastest growing and most sought after industrial estate locations, with proximity to the M1 Pacific Motorway and Gateway Motorway and only 30min* to the Brisbane Airport and CBD.

2,172*m Land Area
866*m2 freestanding commercial-industrial building
Net Income $134,712* + GST
Leased until 30 June 2024 with a further 3 year option to renew
Reception area, office accommodation, staff room/kitchenette, male & female toilets/showers approximately 233m2.
* Warehouse area of 633*m with 3 roller-doors
* Upper level office area and additional storage approximately 233*m.
* Underground waste liquid collection tank and drainage pits within building
* External drainage pits connected to pollution trap at North West corner of the property
* 21 car parks plus bin wash
* Security fencing
* Within minutes of the M1 Pacific Motorway and major arterial roads
* Absolutely must be sold - don't miss out!

*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, advice 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 26 Notar Dr, Ormeau, QLD 4208

A timeline of how this property has performed in the market
Last Sold
$2,200,000
06 Nov 2023
Listed for Rent
$92/w
25 Mar 2009
  • 06 Nov 2023
    Sold for $2,200,000
  • 29 Aug 2023
    Listed for Sale For Sale by negotiation
  • 07 Feb 2009
    Listed for Rent - Price not available
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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.

Suburb Insights for Ormeau 4208

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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.