This prominent high profile corner location has been previously identified as a “Caloundra Gateway Site” by Caloundra City Council.
The current owner is offering generous rental guarantees for the first 12 months post settlement which is advantageous for investors and potential developers.
It is an amalgamation of four Strata Titled lots on a total land area of 1,858m2* with a combined building area of 831m2* including balcony.
The current configuration comprises the four tenancies fronting Bulcock Street, a large rear car park and seven lower level garages.
Under the current town plan a building height of 25 metres can be achieved.
A rare opportunity to secure a sought after future redevelopment site with holding income.
- Total land area: 1858m2*
- Total building area 831m2*
- 7 lock up garages
- Rear car parking for 21 vehicles
- Current use professional office and restaurant
- Future mixed use development potential
- 25 mtr* height limit will capture panoramic water views
* approx
Information Memorandum is available upon request.
For Sale: $3,150,000
Contact marketing agents
Len Greedy 0401691 807
len.greedy@raywhite.com
Alan Gray 0414 894 084
alan.gray@raywhite.com