461 Lutwyche Road,
Lutwyche, QLD 4030
Key property information
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Map of 461 Lutwyche Road
Fully Leased Investment with 6+ Year WALE
• Leased to leading Australian health & fitness provider ‘Fitness First’ to June 2026
• $1,000,045* annual net income with secure income growth via fixed 3% annual reviews
• Two storey building with large floor plates and generous car parking for 82 vehicles (1:39) providing future rental reversion
• Substantial refurbishment recently undertaken by tenant including upgrading the indoor ‘King Swim’ swim school
• Elevated 2,602sqm* DC1 zoned corner site with significant development upside**
• Located 4.5km* north of Brisbane’s CBD in one of Brisbane most affluent residential catchments
* approximately. As at 1 July 2020
** Subject to Council Approval
For Sale via Expressions of Interest, closing 4pm Wednesday 8 April 2020.
Property ID: 503507354Last Updated: 27 May 2020