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.
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:
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