10 Ormuz Avenue

Caloundra QLD 4551

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Sold on 17 Feb 2025

10 Ormuz Avenue Caloundra QLD 4551

Development / Land
730 m²
Sold, $2,100,000

Off Market Development Opportunity With Significant Holding Income

Duel Access To Block
Holding Income $114,437.21
Adjacent To Caloundra IGA

Samuel Hoy and David Goldsworthy are 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 agents Samuel Hoy and David Goldsworthy from RWC Northern Corridor Group.

Ray White Commercial Northern Corridor Group - Sunshine Coast

Level 1/172 Brisbane Rd

Mooloolaba, QLD 4557

Property Highlights

Date Sold	17 Feb 2025
Sold Price	$2,100,000
Floor Area	232 m²
Land Area	730 m²
Energy	0-star NABERS Energy rating
Parking	Ask Agent
Property ID	2019762485
Category	Development / Land Offices Shop & Retail
Last updated

Map for 10 Ormuz Avenue Caloundra QLD 4551

Nearest transport* to 10 Ormuz Avenue Caloundra QLD 4551

Bus

Train

Tram

Ferry

Ormuz Ave at Bingera Terrace	28 m
Ormuz Ave at Bingera Terrace	31 m
Caloundra station	169 m
Bulcock St at Canberra Terrace	189 m

*Within a 4km radius

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nbn® Fibre to the Curb (FTTC) is available in this property

Max wholesale speed tier available: nbn® Fibre to the Curb

Ray White Commercial Northern Corridor Group - Sunshine Coast

Level 1/172 Brisbane Rd

Mooloolaba, QLD 4557

Property Highlights

Date Sold	17 Feb 2025
Sold Price	$2,100,000
Floor Area	232 m²
Land Area	730 m²
Energy	0-star NABERS Energy rating
Parking	Ask Agent
Property ID	2019762485
Category	Development / Land Offices Shop & Retail
Last updated

Co-Agents

Samuel Hoy

Ray White Commercial Northern Corridor Group - Sunshine Coast

Call

0423795273

David Goldsworthy

Ray White Commercial Northern Corridor Group - Sunshine Coast

Call

0481996794

More about 10 Ormuz Avenue Caloundra QLD 4551

10 Ormuz Avenue Caloundra QLD 4551 is categorized as Land & Development Property. It has a floor area of 232 m² and a land area of 730 m². The listing ID for this property is 2019762485.