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Colliers have the pleasure in presenting to the market 10 Ormuz Avenue, Caloundra. With a Major Centre Zoning and functional existing improvements, 10 Ormuz Avenue provides opportunities for Investors, Developers or Owner Occupiers to secure valuable freehold property in a booming Sunshine Coast location.

Key Features of the property include:
- Land area 730sqm*
- Existing NLA of approximately 226sqm* with an approval to extend
- Major Centre Zoning
- Two street frontages to Ormuz Avenue, Lamkin Lane and the Village Walkway
- Partially leased income of $42,000pa with the ability to improve income or occupy the balance of the site
- Existing Development Approval in place to increase NLA to 369m²*
- Future development potential to a height of 25 metres*
- Walk to Caloundra’s main street - Bulcock Street, Cafes, Restaurants, Shops and beach

For Sale - at an asking price of $1,595,000

For further information or to arrange an inspection please contact the exclusive marketing agents Nigel Irving or Nick Dowling.

*approximately

Features

Opportunity
Existing Improvements-Approval to Expand
Zoning
Major Centre Zoning - 25m Height Limit
Foot Traffic
Easy Walk to Cafes, Shops & Beach
  • 26/02/2022
  • Contact our experts for details on this transaction