98 Lytton RoadBulimba QLD 4171
Property Details for 98 Lytton Rd, Bulimba
Last Listing description (March 2024)
Located moments from Oxford Street's restaurant and caf&aecute; precinct, along with parklands, Woolworths, bars, cafes, hair salons, yoga studios, and gyms, this rare block is ready for your new dream home. A choice of excellent schools is nearby, including Lourdes Hill College, Balmoral State High, and Bulimba State School. Brisbane Airport is a short drive away, and there is easy access to the M1 motorway. At the end of Oxford Street and Apollo Road, there are two choices of the River Cat ferry service that serves as a gateway to the rest of Brisbane City.
A picturesque location with tree-lined streets creating the quintessential Brisbane lifestyle. Bulimba Barracks are a short distance away and are in the process of being redeveloped to create a large neighbourhood center with riverside parklands. The exciting development is much anticipated and will create an even more community-focused and family-oriented environment.
There is a stormwater easement going through the property, that is not limiting to building on it, you will have two options to consider:
1) Build an 18m long double-story house up to the easement, with a front locked-in carport. At the back of the house, you can have an alfresco area or any other landscape structures without any additional approvals, such as a deck, stairs, or retaining walls on top of the easement.
2) To build a larger house over 18m long with a garage, you will need to apply for relaxation rules at the DA step to build a bridge over the easement, which is permitted for any stormwater pipes under 910mm.
Land options are becoming very rare in the inner east, and this property will sell quickly. Do not miss out on securing one of the only vacant lots in this location. The owner is highly motivated and is ready to receive offers. Please ensure you do your own due diligence in regards to any council requirements relating to the easement.
Contact your selling agent, Brock Ward, for more information.
Property History for 98 Lytton Rd, Bulimba, QLD 4171
- 18 Jan 2024Sold for $820,000
- 08 Sep 2022Listed for Sale Contact Agent for Plans and Pricing
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About Bulimba 4171
The size of Bulimba is approximately 2.9 square kilometres. It has 9 parks covering nearly 8.4% of total area. The population of Bulimba in 2011 was 5,940 people. By 2016 the population was 6,842 showing a population growth of 15.2% in the area during that time. The predominant age group in Bulimba is 30-39 years. Households in Bulimba are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bulimba work in a professional occupation. In 2011, 56.1% of the homes in Bulimba were owner-occupied compared with 56% in 2016.
Bulimba has 4,205 properties. Over the last 5 years, Houses in Bulimba have seen a 66.37% increase in median value, while Units have seen a 59.97% increase. As at 30 November 2024:
- The median value for Houses in Bulimba is $2,141,466 while the median value for Units is $965,785.
- Houses have a median rent of $850 while Units have a median rent of $675.
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