OFF MARKET

10 Mcgregor Avenue
Lutwyche QLD 4030

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Floor area: 102m2
Land area: 405m2
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Property Details for 10 Mcgregor Ave, Lutwyche

10 Mcgregor Ave, Lutwyche is a 6 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 405m2 and floor size of 102m2.

Building Type
House
Floor Size
102m2
Land Size
405m2
Local Government
Brisbane
Lot/Plan
183/RP19352

Last Listing description (July 2020)

This is an extremely rare opportunity to secure 810m2 backing directly onto parkland. Currently occupying the two 405m2 blocks are original 1900's classic Queensland homes. With the current zoning these homes can easily be removed to make way for a brand new 8 storey development. (subject to BCC approval)

This exceptional block lends itself well to a boutique development designed for an owner occupier market. The stunning apartments would all offer exceptional elevated views over park land and towards the Kedron Brook. In addition, access can be gained during construction via an access road at the rear of the site making it an easy site to develop.


Positioned in a whisper quiet location, this block is opposite the Northern Busway, Lutwyche Shopping Centre, a stone's throw from the Kedron Brook while within a short drive to the City and multiple hospitals.

The current downsizing market are desperately searching for large 3 or 4 bedroom apartments and with nothing available, they are prepared to pay a premium. This is your opportunity to build something truly amazing that would be perfect for this demographic.

This is the first time either of these properties have become available in over 20 years! Sites like this are getting harder and harder to find.

The block gradually slopes from front to back making basement car parking a breeze with lifts up to large modern apartments, all with stunning views.

Both owners are committed to selling and are flexible on the settlement terms. Don't delay!! Make an offer TODAY as the owners are considering their options. WILL BE SOLD NOW!!

Property History for 10 Mcgregor Ave, Lutwyche, QLD 4030

A timeline of how this property has performed in the market
  • 15 Jan 2020
    Listed for Sale For Sale

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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 3,011 properties. Over the last 5 years, Houses in Lutwyche have seen a 47.19% increase in median value, while Units have seen a 84.67% increase. As at 28 February 2025:

  • The median value for Houses in Lutwyche is $1,326,778 while the median value for Units is $710,321.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 13 properties listed for sale, and 12 properties listed for rent in Lutwyche on OnTheHouse. According to CoreLogic's data, 174 properties were sold in the past 12 months in Lutwyche.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.