3/17 Lytton RoadEast Brisbane QLD 4169
Property Details for 3/17 Lytton Rd, East Brisbane
3/17 Lytton Rd, East Brisbane is a 2 bedroom, 2 bathroom Unit with 4 parking spaces and was built in 2014. The property has a land size of 109m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (February 2023)
Ray White Commercial Queensland has the pleasure to offer Units 2 & 3/ 11 - 17 Lytton Road, East Brisbane to the market for sale individually or in one line via Expressions of Interest closing 28 July 2022.
Property Highlights include:
Long Term Lease until 2029 with fixed 2.99% increases (Lot 3)
Corner allotment providing great exposure to 55,700* Daily Vehicles
LOT 3
37sqm* NLA
Long term lease to June's cafe until 2029 with 1x7 Year option
Strong annual increases (2.99% Fixed)
Tenant has been in operation since 2017
Secure lease structure
Recently refurbished
Corner allotment providing significant exposure to passing traffic
1 car park
Net income $30,195* p/a + GST
LOT 2
121sqm* NLA
Opportunity to occupy or invest
Fully fitted out with high quality office
Historically low vacancy rate. First time vacant since completion of development in 2015
Flexible mixed use zoning allowing for a variety of uses
High car parking ratio with 3 car parks on title
Significant frontage to Lytton Road provides substantial opportunity for signage and brand exposure
For further information or to arrange an inspection please contact the exclusive agents Ray White Commercial Qld.
*Approximate
Property History for 3/17 Lytton Rd, East Brisbane, QLD 4169
- 11 Jul 2023Sold for $515,000
- 01 Jul 2022Listed for Sale Contact Agent
- 28 Apr 2015Listed for Rent - Price not available
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About East Brisbane 4169
The size of East Brisbane is approximately 2 square kilometres. It has 10 parks covering nearly 8.6% of total area. The population of East Brisbane in 2011 was 5,598 people. By 2016 the population was 5,932 showing a population growth of 6.0% in the area during that time. The predominant age group in East Brisbane is 20-29 years. Households in East Brisbane are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Brisbane work in a professional occupation. In 2011, 44.7% of the homes in East Brisbane were owner-occupied compared with 40.7% in 2016.
East Brisbane has 3,737 properties. Over the last 5 years, Houses in East Brisbane have seen a 69.26% increase in median value, while Units have seen a 61.36% increase. As at 31 October 2024:
- The median value for Houses in East Brisbane is $1,474,552 while the median value for Units is $696,747.
- Houses have a median rent of $760 while Units have a median rent of $595.
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