OFF MARKET

2/25 Colton Avenue
Lutwyche QLD 4030

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 67m2
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Last updated 16 Dec 2024
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Property Details for 2/25 Colton Ave, Lutwyche

2/25 Colton Ave, Lutwyche is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 67m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2016
Floor Size
57m2
Land Size
67m2
Local Government
Brisbane
Lot/Plan
2/SP269389

Last Listing description (November 2023)

Nestled in on the side of the complex this light and airy unit is ideal for the first home buyer or the astute investor. Boasting a modern kitchen, a generously sized bedroom with a walk-in robe, and an inviting open living area that leads to a private terrace. Situated in a secure complex, it also comes with a dedicated car space.
The property is being offered VACANT, providing the flexibility to either move in or lease it out to new tenants of your preference. This presents an excellent opportunity for both owner-occupiers and investors aiming to take advantage of the surging apartment market.

INSPECTION IS A MUST!

Property Features:

Modern kitchen with stainless steel appliances and dishwasher.
Airconditioned open plan living/ dining area
Outdoor terrace
Large bedroom with walk in wardrobe with air conditioning and ceiling fan
Well-designed bathroom
Internal laundry
Single secure car accommodation with storage
Private and secure building entrance
NBN ready connection
Pet friendly complex
Visitor parking
Stylish and well kept building

Further Information:

Rental Appraisal: $450 - $470 per week.
Water: $250 per quarter approx.
Brisbane City Council rates: $835 per annum approx.
Body Corporate Repayments: $980 per quarter approx.

Location:
Brisbane CBD - 6km away
Brisbane Airport - 9km away
Wooloowin State School - 0.12km away
Kedron State High School - 0.5km away
Lutwyche shopping precinct - 0.5km away
Wooloowin Train Station - 1.1km away

This property is just moments from the Lutwyche Shopping Centre, Kedron Brook bikeway and Lutwyche Busway Station. It also has easy access to the major arterial roads linking the Sunshine and Gold Coasts and the Airport Link.

Don't risk missing out on this fantastic opportunity, this unit will be SOLD! The owners are committed to selling and will be considering all offers.

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Property History for 2/25 Colton Ave, Lutwyche, QLD 4030

A timeline of how this property has performed in the market
Last Sold
$410,000
20 Oct 2023
Listed for Rent
$355/w
21 Jan 2020
  • 20 Oct 2023
    Sold for $410,000
  • 08 Dec 2022
    Sold for $341,000
  • 28 Sep 2022
    Listed for Sale Offers over $340,000
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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 2,996 properties. Over the last 5 years, Houses in Lutwyche have seen a 52.54% increase in median value, while Units have seen a 79.68% increase. As at 30 November 2024:

  • The median value for Houses in Lutwyche is $1,392,155 while the median value for Units is $697,740.
  • Houses have a median rent of $600 while Units have a median rent of $575.
There are currently 15 properties listed for sale, and 13 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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