OFF MARKET

18 Lutwyche Street
Petrie Terrace QLD 4000

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 113m2
Land area: 354m2
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Property Details for 18 Lutwyche St, Petrie Terrace

18 Lutwyche St, Petrie Terrace is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 354m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
1920
Floor Size
113m2
Land Size
354m2
Local Government
Brisbane
Lot/Plan
5/RP10684

Last Listing description (December 2022)

* Fantastic renovation potential
* Move in, invest or landbank
* Convenient, sought-after location

* 1km to Brisbane Grammar
* Kelvin Grove State College catchment
* Inspections by appointment Call 24hrs

Perched within an elevated, inner-city position, this home presents an inviting concept to the inspired buyer. With solid bones and plenty of potential, this property is your blank canvas.

Whether you choose to spruce this home up with some fresh paint and modern renovations or wish to undertake an extreme makeover and lift/excavate/extend (STCA), this property has the bones to create your dream home.

Those seeking an investment property are also sure to see the benefits of this home, with a kitchen on each level, 4 bedrooms and 2 sizable multi-purpose rooms downstairs.

Upstairs offers all you need for a comfortable lifestyle, with a sunroom and balcony in addition to the kitchen, living and meals spaces. All 4 bedrooms reside on this level of the home.

Downstairs, you will find an additional kitchen, 2 multi-purpose rooms (one being a generous 4.4m x 9m) and a large landing area with enough space for a desk or lounge.

A full-sized laundry space and 2 bathrooms service the home, while a tandem lock-up garage ensures secure off-street parking of your vehicles.

Approximately 1 kilometre to Brisbane Grammar School, education options are prime with this home capturing secure zoning for Kelvin Grove State College and Petrie Terrace State School.

With Suncorp Stadium and the Caxton Hotel a mere 8-minute walk from the property, the position of the property provides for an exciting lifestyle. The barracks shopping centre is situated within a short 2-minute drive and offers grocery stores, a barber, a pharmacy and an abundance of social hot spots including a cinema and plenty of lively restaurants.

If you have what it takes to give this Petrie Terrace beauty a new lease on life or are simply looking for an inner-city property for investment or landbank purposes, then we look forward to your enquiry by calling 07 3366 5826.

* Important * Whilst every care is taken in the preparation of the information contained in this marketing, Arthur Conias Real Estate will not be held liable for any errors in typing or information. All information is considered correct at the time of publishing.

Property History for 18 Lutwyche St, Petrie Terrace, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$1,250,000
22 Nov 2022
  • 22 Nov 2022
    Sold for $1,250,000
  • 02 Aug 2022
    Listed for Sale $1,395,000
  • 21 Feb 2005
    Sold for $506,000
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About Petrie Terrace 4000

The size of Petrie Terrace is approximately 0.3 square kilometres. It has 2 parks covering nearly 6.4% of total area. The population of Petrie Terrace in 2011 was 1,183 people. By 2016 the population was 1,134 showing a population decline of 4.1% in the area during that time. The predominant age group in Petrie Terrace is 20-29 years. Households in Petrie Terrace are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Petrie Terrace work in a professional occupation. In 2011, 39.7% of the homes in Petrie Terrace were owner-occupied compared with 38.9% in 2016.

Petrie Terrace has 640 properties. Over the last 5 years, Houses in Petrie Terrace have seen a 57.07% increase in median value, while Units have seen a 1.86% increase. As at 31 August 2024:

  • The median value for Houses in Petrie Terrace is $1,310,951 while the median value for Units is $516,249.
  • Houses have a median rent of $750 while Units have a median rent of $420.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Petrie terrace on OnTheHouse. According to CoreLogic's data, 22 properties were sold in the past 12 months in Petrie terrace.

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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.