5/28 Burnside RoadOrmeau QLD 4208
Property Details for 5/28 Burnside Rd, Ormeau
Last Listing description (November 2024)
Exclusive agents Peter Laoudikos and Lachlan Holliday are proud to present unit 5/28 Burnside Road, Ormeau for sale via public auction.
Situated in the heart of the well-established Yatala enterprise area on the northern Gold Coast, this well designed commercial unit in Burnside Rd is a great opportunity to secure an asset in one of the fastest growing industrial locations in Australia. The tenant and owner have agreed to end their lease, and the property will now be sold vacant possession with the tenant vacating in the next 60 days.
Some of the Key Feature Include:
- Tenant vacating
- 4 exclusive car parks
- Electric roller door
- Significant rental upside
- Excellent office & facilities with three phase power
- Onsite cafe
- Easy access to exit points (North & South bound lanes) on the M1 Pacific Motorway
- The area provides low vacancy rates and rising rental prices
* Approx.
Disclaimer:
RWC 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 RWC divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.
Property History for 5/28 Burnside Rd, Ormeau, QLD 4208
- 12 Nov 2024Sold
- 25 Sep 2024Listed for Sale Offers over $775k
- 28 May 2024Listed for Sale $ 953 400.00* + GST if Applicable
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0About 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 6,619 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.
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