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Sold on 16 Jul 2024 - Price Unavailable

46/28 Burnside Road
Ormeau QLD 4208

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 360m2
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Property Details for 46/28 Burnside Rd, Ormeau

Building Type
Commercial
Floor Size
360m2
Local Government
Gold Coast City
Lot/Plan
46/SP186323

Last Listing description (July 2024)

Perfectly positioned in a key corridor between Brisbane and the Gold Coast this good sized warehouse is for sale.

With 360sqm approx. of total building features include:-
• 185sqm* of warehouse

• 180sqm* of well appointed mezzanine office
• 3 Onsite Car Parks
• 5 m motorised roller door
• Excellent Staff amenities
• Excellent tenant with proven record
• Current net rent $42,301 approx
• Annual CPI increases including renewals

The current lease has a 3 year renewal from October 2024 of which the tenant has confirmed.

For further Information or viewing please contact Agents
Steve O'Connell 0455 044813
Jo Bailey Green 0483 824696
Keith Twist 0416 269753

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise. Sizes are approx.

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Property History for 46/28 Burnside Rd, Ormeau, QLD 4208

A timeline of how this property has performed in the market
Last Sold
16 Jul 2024
  • 16 Jul 2024
    Sold for $820,000
  • 05 Sep 2023
    Listed for Sale Asking Price $825,000
  • 10 Jan 2022
    Sold for $585,000
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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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Steve O'Connell
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Jo Bailey-Green
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