38 Notar Drive, Ormeau, QLD 4208 | Property Value & History | OnTheHouse
OFF MARKET

38 Notar Drive
Ormeau QLD 4208

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1000m2
Land area: 2004m2
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Property Details for 38 Notar Dr, Ormeau

Building Type
Commercial
Floor Size
1000m2
Land Size
2004m2
Local Government
Gold Coast City
Lot/Plan
7/SP139327

Last Listing description (September 2022)

Hudson Kaddatz from Harcourts Coastal Commercial on behalf of the sellers, has the exclusive privilege to offer to the market a secure, freehold industrial investment property tenanted by Insesa, a local Welding Sales, Repairs & Supplies business with over 40 years of combined experience of servicing the industrial sector of South-East QLD. The property sits on a commanding 2,004m* of land and features over 1,000m* of functional warehouse space, with a brand new 5 Year Lease in place with 4 x 5 Year Options and 4% annual reviews this property couldn't be more suited to an astute investor. Don't miss out on your opportunity to secure this truly blue-chip investment.


This property is being sold as part of an QLD Wide Industrial Portfolio Sale on behalf of Aitken Welding Supplies, if you have interest in any other properties tenanted by Aitken Welding, please contact Hudson Kaddatz for details on each property.



• Net lettable area of 1000m* including mezzanine
2,004m* land holding
Tenanted by 'Insesa', local welding supply, sales & repair business
• Brand New 5 Year Lease + Options to 2047
Significant net income of $160,000 + GST + Outgoings Per Annum
Favourable 4% Annual Reviews
Functional warehouse with high clearance
Large concrete hardstand space
3-phase power throughout the property
10kw Solar System
Side & rear roller door with all-weather awnings, ideal for airflow
• 4 minutes to the M1
Located between Gold Coast & Brisbane
• Low Impact Industry Zoning


Contact the exclusive agent Hudson Kaddatz for access to the Data Room and more information.

* Approximately

Disclaimer:
Harcourts Coastal Commercial 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, advices or as is otherwise necessary. No duty of care is assumed by Beyond Commercial Pty Ltd trading as Harcourts Coastal Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property History for 38 Notar Dr, Ormeau, QLD 4208

A timeline of how this property has performed in the market
Last Sold
$2,700,000
27 Jul 2022
  • 27 Jul 2022
    Sold for $2,700,000
  • 03 May 2022
    Listed for Sale $3,000,000
  • 02 Aug 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 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.

Suburb Insights for Ormeau 4208

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.