SOLD
Sold on 10 May 2024 for $2,280,000

1/15 East Street
Lutwyche QLD 4030

Bedrooms: 1
Bathrooms: 1
Car spaces: 5
Floor area: 55m2
Land area: 374m2
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Property Details for 1/15 East St, Lutwyche

1/15 East St, Lutwyche is a 1 bedroom, 1 bathroom Unit with 5 parking spaces and was built in 1975. The property has a land size of 374m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Lutwyche in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
55m2
Land Size
374m2
Local Government
Brisbane
Lot/Plan
1/SP172210

Last Listing description (January 2022)

Opportunity to add this to your property portifolio comprising of a block of 5 units with driveway access to complex rear carport facility. Currently there are 5 tenanted units over two level dwelling with the ability to build another two townhouses where existing rear carport is (STCA).

Units are as follows:

Unit 1: 1 bed, 1 bath & 1 car size 63sqm ground floor rent $310per week
Unit 2: 1 bed, 1 bath & 1 car size 61sqm ground floor rent $310per week
Unit 3: 1 bed, 1 bath & 1 car size 65sqm ground floor rent $310
per week
Unit 4: 2 bed, 1 bath & 1 car size 92sqm first floor with own courtyard rent $310per week
Unit 5: 2 bed, 1 bath & 1 car size 93sqm first floor with own courtyard rent $335 per week

Located close to Lutwyche newly renovated Centro Shopping Centre, public transport - both buses and trains, kedron Brook parklands, gym, Lutwyche local business strip plus local schools.

The units have been well maintained, have ceiling fans, good sized bedrooms, modern bathrooms and kitchens. All have internal laundries however adjacent to the carport there is a separate laundry area plus garden storage shed.

Just an 8 minute drive to Brisbane CBD making this a fantastic opportunity to purchase and hold or redevelop down the track.

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Property History for 1/15 East St, Lutwyche, QLD 4030

A timeline of how this property has performed in the market
Last Sold
$2,280,000
10 May 2024
Listed for Rent
$280/w
12 Nov 2021
  • 10 May 2024
    Sold for $2,280,000
  • 17 Nov 2021
    Sold for $1,950,000
  • 18 Oct 2021
    Listed for Rent $285 / week
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About Lutwyche 4030

The size of Lutwyche is approximately 0.9 square kilometres. It has 9 parks covering nearly 11.8% of total area. The population of Lutwyche in 2011 was 2,801 people. By 2016 the population was 3,463 showing a population growth of 23.6% in the area during that time. The predominant age group in Lutwyche is 20-29 years. Households in Lutwyche are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lutwyche work in a professional occupation. In 2011, 39.1% of the homes in Lutwyche were owner-occupied compared with 34.2% in 2016.

Lutwyche has 2,968 properties. Over the last 5 years, Houses in Lutwyche have seen a 58.29% increase in median value, while Units have seen a 73.71% increase. As at 31 October 2024:

  • The median value for Houses in Lutwyche is $1,424,143 while the median value for Units is $673,053.
  • Houses have a median rent of $615 while Units have a median rent of $550.
There are currently 17 properties listed for sale, and 15 properties listed for rent in Lutwyche on OnTheHouse. According to CoreLogic's data, 181 properties were sold in the past 12 months in Lutwyche.

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