Phone enquiry code for this property: 9842

The building is designed for 4 tenancies but they can be further split.

Shop 1b is a juice bar. Shop 1a has just become vacant. This 38 sq m shop can be combined with the 90 sq m office behind to provide a street frontage large shop, or an office with a street frontage.

Units 3 and 4 are currently occupied by the owners.

With all portions let at reasonable rents, the net return, would be approx $86,000 per annum. This is $220 net per sq m for the office spaces of 90, 74, 83 sq m, and $416 net per sq m for the shop spaces of 38 sq m and 38 sq m.

Otranto House is an iconic smaller freehold two storey commercial building just off the main shopping precinct at Caloundra, close to the Events Centre and municipal offices.

Caloundra is approximately ninety kilometres north of Brisbane. It is becoming known as the ‘Beach City of Champions’ with its eight beaches, city character, and many sporting champions choose to make this city their home.

Otranto House can be used as a headquarters for one or two medium firms or can be easily used in the current layout of a 78 sqm shop, 90 sqm ground floor office, and two first floor offices of 74 sqm and 83 sqm. This yields some 325 sqm of rentable space. Then there are foyers, amenities and halls etc of approximately 65 sqm making a total net floor area of some 390 sqm.

The current occupants of the two upstairs offices have clients across the state and nationally.

The two first floor offices have 18 phone points, 18 data points, with space for more, with some office furniture available, and have quality partitioning. The ground floor office could cater for another ten workstations.

There is modern air conditioning for most areas and kitchenettes.

In downtown Caloundra parking is often in short supply. But this building has its own! Because the land is 9 1/2 metres wide, in a corner position, six long car spaces provide tandem parking for upto 12 vehicles.

Phone enquiry code for this property: 9842