$1,100,000

Phone enquiry code for this property : 1287

Current offering of the building is 4 tenancies, a further break up of space is possible depending on requirements.

Current Tenancies: -
Shop 1b - Juice bar
Shop 1a - Currently vacant (38m2)
Shop 2 - 90 sq m office, can we adjoined to Shop 1a to provide street frontage.
Top level office are currently occupied by the building owners.

With full occupancy the total building rent would achieve $86,000 per annum. This is $220 net per sq m for the office spaces of 90, 74, 83 sq m, and $416 net per sq m for the shop spaces of 38 sq m and 38 sq m.

Otranto House is an iconic smaller freehold two storey commercial building just off the main shopping precinct with large foot traffic.

There is modern air conditioning for most areas and kitchenettes.

In downtown Caloundra parking is often in short supply. But this building has its own! Because the land is 9 1/2 meters wide, in a corner position, six long car spaces provide tandem parking for up to 12 vehicles.

Phone enquiry code for this property : 1287