118 Fuller St, Lutwyche is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 607m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Offered for sale for the first time in over 40 years this rare property with "Commercial Character " town plan classification is an outstanding opportunity. Ideally suited to a variety of uses including hospitality, commercial, office, medical or work from home operations.
Relatively unchanged over the years since its original "corner shop" days, the building features recently replaced stumps, roof and guttering. The residence and shop have been built to the boundary on the Brickfield and Fuller Street frontages and still retains the shopfront awning, facia and windows. Internal features include original floorboards in great condition, VJ interior walls, a study, 2 toilets and a sleep out. The corner site offers easy access to the rear of the property to facilitate any future expansion plans on the 607m2 allotment with dimensions of 40m x 15m.
Surrounded by quality residences in a low density zoned residential area just 6km from the CBD, the property is very convenient to the Kedron Brook bikeways, parks, walking paths and dog off leash areas. The amenities of shopping centres, local cafes, schools, child care facilities and Bus stations are within easy reach as are the access points to major arterial roads and the airport & City tunnel networks.
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:
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