566 Lutwyche RoadLutwyche QLD 4030
Property Details for 566 Lutwyche Rd, Lutwyche
Last Listing description (June 2024)
• Multi-tenanted freestanding building over 3 levels + billboard
• 576sqm* Building situated on 592sqm high profile corner site
• Diverse cash flow from 5 tenancies providing holding income
• Flexible DC2 zoning (District Centre Corridor)
• Close proximity to renewed Lutwyche City Shopping Centre
• Opportunity to refurbish & reposition to the market
• Multiple options to Invest / Owner Occupy or Reposition
• 1st time available in 34+ years - Surplus to requirements - Will be Sold
* Approximately
Auction In-Rooms (if not sold prior) Wednesday 19 June 2024 at 11am at Raine & Horne Commercial - 337 Gympie Road, Kedron
For further information or to arrange an inspection, please contact EXCLUSIVE AGENTS Raine & Horne Commercial
Listing ID: 1131515
Property History for 566 Lutwyche Rd, Lutwyche, QLD 4030
- 19 Jun 2024Sold for $2,750,000
- 17 May 2024Listed for Sale Auction In-Rooms 19 June 2024
- 28 Sep 2018Listed for Rent - Price not available
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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.
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