Case Studies

CBD Living or Development Opportunity

Caloundra, 66 Omrah Ave

Centrally located in Caloundra in close proximity to Bulcock Street, the beach front and 100 mts from Stockland Shopping Centre.

A two bedroom home full of charm and character opposite a tree filled park and easy walking distance to cafes’, boutiques and all essential services.

This is an opportunity to purchase for commercial use, re development or continue as a permanent rental investment.

Height Limit – 65 metresNet Income$45,595 per annum*Yield2.5%*Potential Gross Floor Area (GFA) (STCA)1,657.5sqm*Rate psm GFA$1,101 psm*Rate psm Land$8,258 psm*Sales Process Sales DateOctober 2017Sales Type Public Auction

Sales Analysis
Method of SaleExpression of Interest closed 27/10/17
Marketing Time Frame4 Weeks
Sale Date31/10/17
Total Enquiry41
Marketing Budget$495,000
Tenanted Net Income$17,680pa
EOI Offers Submitted3
Land Area 503m2*
Height Area11m
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