SOLD
Sold on 18 Jul 2024 for $4,200,000

49 Motorway Circuit
Ormeau QLD 4208

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2244m2
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Property Details for 49 Motorway Cct, Ormeau

Building Type
Commercial
Land Size
2244m2
Local Government
Gold Coast City
Lot/Plan
381/SP290867

Last Listing description (September 2017)

- New 1,278sqm freestanding building
- Including 185sqm office and amenities over two levels
- 1,093sqm clearspan warehouse

- 2,244sqm of total land area
- Warehouse has 9.2m internal height (max)
- Two 6m x 6m wide electric roller doors
- 5 tonne gantry crane running length of building
- Functional building with dual driveways
- May suit warehousing and industry applications
- Contact Exclusive Agents Caldwell Banker Commercial Property Group
This property is situated in the heart of Ormeau, which forms part of the Yatala Enterprise Area. Ideally located between the two largest consumer markets of Brisbane and the Gold Coast with direct access from the M1 via Exit 41 in both directions.

Property History for 49 Motorway Cct, Ormeau, QLD 4208

A timeline of how this property has performed in the market
Last Sold
$4,200,000
18 Jul 2024
Listed for Rent
25 Sep 2017
  • 18 Jul 2024
    Sold for $4,200,000
  • 22 Feb 2017
    Listed for Rent - Price not available
  • 07 Jun 2016
    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 6,616 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 47 properties listed for sale, and 20 properties listed for rent in Ormeau on OnTheHouse. According to CoreLogic's data, 327 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.