10 Ormuz Avenue Caloundra QLD 4551

Samuel Hoy is thrilled to present one of Caloundra's last hidden gems at 10 Ormuz Avenue.

Situated in a prime Major Centre Zone, this property offers an exceptional opportunity for investors to boost rental income and capitalise on Caloundra's fast-growing, sought-after location. This 730m² land parcel, directly across from one of Caloundra's flagship IGA Centres, features dual access from both Lamkin Lane and Ormuz Avenue, providing excellent versatility and convenience.

FEATURES:
• Net Income: $114,437.21 PA*
• 730m² allotment with dual access
• Multiple tenancies for diversified income
• 25m height limit
• Directly opposite flagship IGA
• Major Centre Zone

10 Ormuz Avenue has undergone recent renovations focused toward modernisation, however the property enjoys a substantial rental upside with an approval DA for multi food operators in a laneway style courtyard and food van.

For further information, please contact marketing agent Samuel Hoy from RWC Northern Corridor Group.