4 Ormuz Avenue, Caloundra, QLD, 4551

Key features are as follows:
• High Profile freestanding commercial property in the heart of Caloundra
• Leased to strong single National tenant – Salvation Army
• Land Area: 609sq m*
-Building area: 160sq m*
• Total Rental: $58,194.96* per annum + Outgoings + GST
• 3 + 3 year lease expiring April 2025 (with 1 x 3 year options)
• Principal Centre Zoning with 25 metre height limits
• Various options for buyers to invest, future redevelopment or owner occupier in the future
-Tightly held location in Caloundra CBD

4 Ormuz Ave, presents a great opportunity to invest in one of Queensland’s & Australia’s most exciting regions. 4 Ormuz Ave is extremely versatile with multiple potential uses, with the property well positioned in the heart of Caloundra CBD & possess dual street frontage, great exposure and on-site carparking.

The site is 609sq m* with a standalone 160sq m* building with a drive way accessing down the right hand side from Ormuz Ave through to Lamkin Lane at the rear. Salvation Army currently lease the entire property on a 3 year lease until April 2025 with another 3 year option. They are currently paying rental of $58,194.96* + GST

4 Ormuz Ave represents a rare opportunity to acquire a freestanding property in such prime position between Bulcock Street and Caloundra Village Shopping centre, and will attract such buyers as investors, developers (seeing the long picture of the region and redevelopment opportunity of the zoning and location) and or owner occupiers having a quality future home for their business within the property once the current tenant vacates.

The property is being sold and marketed by Scott Gardiner of Savills Sunshine Coast and to enquiry or discuss any queries please contact him.

Remember to mention you found this property on CommercialReady