Scott Hull 0419 901 011 – A SUPERB investment opportunity in the heart of Caloundra. No10 Ormuz Avenue, Caloundra is a 730sq m redevelopment opportunity with a current DA for professional offices or medical offices. Reduced from $1350000 to sell!

There are several aspects to this property that will assure you high rental yield and capital growth.

The property right in the heart of the CBD and more importantly, the property has three separate frontages. This key feature is important when considering the value of 10 Ormuz Avenue. There is wide frontage to Ormuz Avenue with exposure to passing trade and patrons of the busy Village Shopping Centre including the Caloundra Post Office, IGA Supermarket, Golden Cellars, greengrocers, bakery, pharmacy and is also close to the council chambers, and banks.

The rear lane allows ease of access for parking on-site and deliveries but I think that the biggest opportunity with this property is to capitalise on the fact that the Village Laneway runs adjacent to the eastern boundary of 10 Ormuz Avenue.

The Village Walkway on the eastern boundary is the main connection for foot traffic between Caloundra’s main street and the post office. Take advantage of this passing trade!

Multi-level council carpark is next door on western boundary. The DA has 11 on-site car parking spaces. Preliminary plans available as per DA.

This is a very exciting opportunity and as Caloundras population continues to grow so will the value of this site with its convenient location, ample parking nearby and ease of pedestrian access.

There is a 13.5 metre high limit on the site and a general commercial zoning.

Caloundra is the jewel of the Sunshine Coast. This is a prime redevelopment site and the vendors have said forget previous pricing. This property is going to be sold on or before Auction!

Call Scott Hull if you are considering selling your Commercial Property in Caloundra on 0419 901011