19 Florrie St, Lutwyche is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 810m2 and floor size of 182m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
Outstanding development of land-banking opportunity exists in a prime Lutwyche location; pre-approved council plans for five-level 16-unit complex in place, on 810m2 across two titles with a 20-metre frontage, an existing classic style brick and tile double storey, circa 1980, is currently onsite.
The residence is complete with four bedrooms, two bathrooms, separate living areas, family kitchen upper tiled balcony, and rear deck and double lock up garage plus storage, with a huge deep backyard; this could be rented out to generate an income by a savvy land-banker/investor, or removed to prepare site for construction.
The approved development; consists of 2 x 1-bedroom apartments, 10 x 2- bedroom, and 4 x 3-bedroom apartments across five levels, with a 23-bay secure basement for resident and visitor parking and lift access.
Plans and renders are available for perusal, and the upper levels of the building will showcase city views greatly adding value, appeal, and an accelerated price point. The location is absolutely premium for this type of development; very popular with investors and inner-city workers and downsizers.
From here Lutwyche shopping centre and transport hub is only 500 metres, Wooloowin train station is 900 metres, and quality schools are nearby falling within the catchment zone of Windsor State School, Wooloowin State School and Kedron State High. Brisbane CBD is only 5 kilometres to the south, Royal Brisbane Hospital 3.5 kilometres away, and Brisbane Domestic and International Airports can be reached within 11 minutes via the airport link.
See Agent for full details; this is arguably one of the hottest sites on the north side of Brisbane on the market, its a winning location in every sense!
Be sure to arrange your personal inspection today!
Open 7 days
Phone 07 3203 6001 (24 Hours)
FEATURE POINTS:
Opportunity & location shine brightly
810m2 block with 20 metre frontage
High density zoning for apartments
Existing classic brick & tile home
4 bedrooms, 2 bathrooms, 3 living
Existing 16-unit, 5-level complex plans
Upper levels would showcase city views
Quality development plans in place
Walk to shopping centre, transport
Within catchment of sought-after schools
5kms to CBD, 3.5 kms to Royal Brisbane
11 minutes to Airport via airport link
Develop, or rent out home & landbank!
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 2,967 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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