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504 Lutwyche Road Lutwyche, QLD 4030

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504 Lutwyche Road,
Lutwyche, QLD 4030

Shops & Retail • Offices

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FRINGE FREEHOLD INVESTMENT WITH DEVELOPMENT POTENTIAL

Rare City Fringe Investment with Upside
Value add potential
Future Development Upside

* Multi-tenanted freestanding 630sqm* two storey building
* Diverse cash flow from 5 tenants returning $193,479*pa net + outgoings + GST
* 1,440sqm* Land holding over 3 lots with dual street access
* Flexible District Centre & High Density Residential zoning
* Directly opposite recently revamped Lutwyche City Shopping Centre
* Majority of income from medical related businesses
* Possible amalgamation of neighbouring properties
* Future reposition / redevelopment potential

Auction In-Rooms (if not sold prior) Wednesday 23rd October 2019 at 11am at Brisbane Riverview Hotel, Kingsford Smith Drive, Hamilton.

For further information or to arrange an inspection please contact Exclusive Agent Raine & Horne Commercial.

Listing ID 3860644

Property ID: 503315954Last Updated: 9 Dec 2019

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504 Lutwyche Road
Lutwyche, QLD 4030

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