33 Ormuz Avenue Caloundra QLD 4551

Shop & Retail
7,665 m²
Sold

FOR SALE | Caloundra Village

JLL are pleased to offer For Sale Caloundra Village, a neighbourhood centre that uniquely combines convenience, WALE, income security and is underpinned by future development in one of the Australia's most highly sought locations, the Sunshine Coast.

Unparalleled security of income via 100% occupancy and 9.5 year WALE
Brand new 15-year lease to strong trading Seasons IGA, benefiting from rare 4% annual reviews and nearing percentage rent
Over 93% of gross income underpinned by non-discretionary retailers
Expansive on-grade 7,764sqm site with rare three street frontages
Strong tenant retention history, with 97% (BY NLA) of tenants operating in their minimum second term
Long term underlying land value driven by desirable Major Centre zoning and growing main trade area retail expenditure
Fully leased Net Income of $1,437,779
Caloundra Village is being offered for sale via Expressions of Interest closing Thursday 24 th of March 2022 at 4pm (AEST).

JLL Brisbane

Central Plaza One,

Brisbane City, QLD 4000

Property Highlights

Date Sold	13 May 2022
Floor Area	Ask Agent
Land Area	7,665 m²
Parking	110 x Onsite parkings
Property ID	2017614597
Category	Shop & Retail
Last updated	16 Jun 2022

Map for 33 Ormuz Avenue Caloundra QLD 4551

Nearest transport* to 33 Ormuz Avenue Caloundra QLD 4551

Bus

Ormuz Ave at Bingera Terrace	29 m
Ormuz Ave at Bingera Terrace	57 m
Bulcock St at Canberra Terrace	190 m
Caloundra station	220 m

*Within a 4km radius

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JLL Brisbane

Central Plaza One,

Brisbane City, QLD 4000

Property Highlights

Date Sold	13 May 2022
Floor Area	Ask Agent
Land Area	7,665 m²
Parking	110 x Onsite parkings
Property ID	2017614597
Category	Shop & Retail
Last updated	16 Jun 2022

Co-Agents

Jacob Swan

JLL Brisbane

Call

+61 402 704 896

Ned Mckendry

JLL Brisbane

Call

+61 434 408 903

More about 33 Ormuz Avenue Caloundra QLD 4551

33 Ormuz Avenue Caloundra QLD 4551 is categorized as Shop & Retail Property. It has a land area of 7,665 m². There are 110 x onsite parkings.The listing ID for this property is 2017614597.