31 Notar Drive, Ormeau, QLD 4208 | Property Value & History | OnTheHouse
 
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31 Notar Drive
Ormeau QLD 4208

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4000m2
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Property Details for 31 Notar Dr, Ormeau

Building Type
Commercial
Land Size
4000m2
Local Government
Gold Coast City
Lot/Plan
14/SP154390

Last Listing description (April 2023)

Knight Frank is pleased to present 31 Notar Drive, Ormeau as one of seven properties being sold by IOR as part of a national diesel stop portfolio. The assets can be purchased in one line or individually.

Key Features of 31 Notar Drive, Ormeau

Secure 10-year net lease to 2032 + options to 2052
IOR unmanned above ground diesel stop
Brand new improvements completed in 2022, providing significant depreciation benefits
Drive through 4,000 sqm site with high exposure and easy access to the Pacific Motorway
Tenant responsible for outgoings, maintenance & environmental, as per lease
Fixed 3% annual rent increases
Net Income $250,000 pa* + GST

Additional properties available in one line or individually:
16 Ashburn Road, Bundamba
Lot 1 & 2, 10797 Warrego Highway, Charlton
Lot 1, Leichhardt Highway, Goondiwindi
5 Palmetto Street, Chevallum
15 Zylpha Street. South Kempsey
27 Mercury Rise, Muchea WA

For further information on this asset or any property in the national portfolio above.

*Approximate

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Property History for 31 Notar Dr, Ormeau, QLD 4208

A timeline of how this property has performed in the market
Last Sold
$2,090,000
29 Sep 2021
  • 17 Oct 2022
    Listed for Sale Contact Agent
  • 29 Sep 2021
    Sold for $2,090,000
  • 11 Apr 2013
    Sold for $900,000
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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 6,710 properties. Over the last 5 years, Houses in Ormeau have seen a 106.48% increase in median value, while Units have seen a 111.32% increase. As at 30 November 2025:

  • The median value for Houses in Ormeau is $1,070,823 while the median value for Units is $801,088.
  • Houses have a median rent of $750 while Units have a median rent of $640.
There are currently 37 properties listed for sale, and 30 properties listed for rent in Ormeau on OnTheHouse. According to Cotality's data, 366 properties were sold in the past 12 months in Ormeau.

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