18 Motorway Circuit, Ormeau, QLD 4208 | Property Value & History | OnTheHouse
 
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18 Motorway Circuit
Ormeau QLD 4208

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 4598m2
Land area: 7980m2
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Property Details for 18 Motorway Cct, Ormeau

Building Type
Commercial
Floor Size
4598m2
Land Size
7980m2
Local Government
Gold Coast City
Lot/Plan
60/SP157845

Last Listing description (September 2018)

Coldwell Banker Commercial Property Group are pleased to offer 18 Motorway Circuit, Ormeau for sale as a tenanted investment by way of Offers to Purchase.
The property is fully leased to Top Cut Foods which was established in 1981 and is an internationally accredited Australian manufacturer of quality meat products. In 2008, Top Cut Foods became part of the Simplot Australia staple of brands which include John West, Edgell, Leggo's, Birds Eye and Chiko. Some of these brands have long histories dating back more than 100 years.
Top Cut Foods export division has expertise in supplying into China, Japan, Hong Kong and Korea.

This state of the art food processing and cold storage facility has the following features:
- Modern building of 4,598sqm total
- 7,980sqm of total land component
- Strong lease covenants to national tenant
- Substantial income in excess of $957,000.00 p.a. nett
- 100% of outgoings paid by Tenant including Land Tax
- 7 year lease with two 5 year options
- Leased to blue chip company
- Information memorandum available via Exclusive Agents
This is a rare opportunity to purchase a blue chip investment, fully leased to a national tenant, owned by an international company with significant depreciation benefits and located in the growth corridor of Brisbane to the Gold Coast.
* Note: information sourced from www.topcut.com.au and www.simplot.com.au

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Property History for 18 Motorway Cct, Ormeau, QLD 4208

A timeline of how this property has performed in the market
Last Sold
$17,900,000
14 May 2024
  • 14 May 2024
    Sold for $17,900,000
  • 11 Mar 2021
    Sold for $19,750,000
  • 31 Mar 2020
    Sold for $13,665,000
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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 2016 was 14460 people. By 2021 the population was 15938 showing a population growth of 10.2% in the area during that time. The predominant age group in Ormeau is 10-19 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 2021, 68.00% of the homes in Ormeau were owner-occupied compared with 63.60% in 2016.

Ormeau has 6,772 properties. Over the last 5 years, Houses in Ormeau have seen a 105.53% increase in median value, while Units have seen a 120.11% increase. As at 31 January 2026:

  • The median value for Houses in Ormeau is $1,103,296 while the median value for Units is $838,388.
  • Houses have a median rent of $770 while Units have a median rent of $640.
There are currently 46 properties listed for sale, and 29 properties listed for rent in Ormeau on OnTheHouse. According to Cotality's data, 359 properties were sold in the past 12 months in Ormeau.

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