89 Lahrs Road, Ormeau, QLD 4208 | Property Value & History | OnTheHouse
OFF MARKET

89 Lahrs Road
Ormeau QLD 4208

Bedrooms: -
Bathrooms: -
Car spaces: 10
Floor area: 1193m2
Land area: 2500m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 89 Lahrs Rd, Ormeau

Building Type
Commercial
Floor Size
1193m2
Land Size
2500m2
Local Government
Gold Coast City
Lot/Plan
16/SP149379

Last Listing description (June 2024)

Peter Laoudikos as the exclusive agent presents 89 Lahrs Road, Ormeau. A freestanding cold storage facility situated upon a well exposed 2,500m* corner allotment, benefiting from dual street access and ample on-site car parking. The property is located within a highly active business/activity area, close to the M1 Pacific Motorway and surrounded by national and multinational businesses.

KEY FEATURES INCLUDE:

2,500m* Land Area

Freestanding cold storage facility
5 year lease with 3x 5 year options
Net income of $165,000* + GST + Outgoings
Rent increases to net $217,417.27* per year on the 1st of June 2024
Dual street access
Ample on grade car parking
Excellent exposure to passing traffic
Easy access to the M1 Pacific Motorway
Zoned Low impact industry
Will be sold, do not miss out!

Offered for sale via Public Auction to be held at 11am Wednesday 22 May 2024 at the Gold Coast Turf Club, Racecourse Drive, Bundall QLD.

Property History for 89 Lahrs Rd, Ormeau, QLD 4208

A timeline of how this property has performed in the market
Last Sold
$3,350,000
22 May 2024
Listed for Rent
$4.83k/w
25 Jun 2010
  • 22 May 2024
    Sold for $3,350,000
  • 18 Apr 2024
    Listed for Sale Auction - Wednesday 22nd May 2024 at 11am
  • 18 Jul 2013
    Transferred for $390,000
Sign in to see more transactions
Commute Calculator

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 6,776 properties. Over the last 5 years, Houses in Ormeau have seen a 102.59% increase in median value, while Units have seen a 115.32% increase. As at 28 February 2026:

  • The median value for Houses in Ormeau is $1,119,832 while the median value for Units is $846,376.
  • Houses have a median rent of $773 while Units have a median rent of $640.
There are currently 43 properties listed for sale, and 32 properties listed for rent in Ormeau on OnTheHouse. According to Cotality's data, 355 properties were sold in the past 12 months in Ormeau.

Suburb Insights for Ormeau 4208

Market Insights
Ormeau Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Ormeau Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.