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Lytton House, 117 Lytton Road East Brisbane, QLD 4169

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Lytton House, 117 Lytton Road,
East Brisbane, QLD 4169

Other • Development Sites & Land • Shop & Retail

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Key property information

Land area

Floor area

Car spaces

Parking info

Property extent

Zoning

Municipality

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$125,582
Number of Tenants
18 Tenants
Tenants / Type
18 Boarding House Residents

Map of Lytton House, 117 Lytton Road

Directions

INVESTMENT OPPORTUNITY

  • 850m2 Freehold Site under 2.5kms to CBD
  • 18 Rooms with potential to extend (STCA)
  • Gross Income $164,320 (9% plus return)
117 Lytton Road, East Brisbane presents a rare opportunity for an investor to acquire a prime property in the high growth area of East Brisbane. The property is a regular shaped block over 2 lots totalling 850m2 with high exposure to Lytton Road, East Brisbane.

Elevated above the street frontage the improvements are a highset dwelling comprising of 18 accommodation modules over 2 levels . A sizeable attic with potential for refurbishment enjoys river and city views.

The property enjoys a 21.5 metre (approx) frontage to Lytton Road and is located within 2.5 km from Brisbane’s CBD.

This property is a fully accredited/registered Boarding House and benefits from a strong rental return in an excellent location where all amenities are just a few minutes walk away.

Major roadworks and footpath upgrades including underground power lines are nearing completion.

In summary, the property offers:

850m2 site with wide frontage to Lytton Road
Less than 2.5 km to Brisbane’s CBD
Strong Rental Return
18 tenanted rooms with potential to extend (STCA)
Fully registered and accredited
Low Vacancy
Minutes to City Cat, buses and shopping
Gross income p.a. $164, 320 * (9% plus return)

For Sale (POA)

Property ID: 503227154Last Updated: 11 Dec 2019

Lytton House, 117 Lytton Road
East Brisbane, QLD 4169

Agency contacts

Tewksbury Commercial Real Estate - Toowong
Tewksbury Commercial Real Estate - Toowong
Level 2, 31 Sherwood Road
TOOWONG, QLD 4066
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Jim Wicks
Tewksbury Commercial Real Estate - Toowong
Lytton House, 117 Lytton Road East Brisbane, QLD 4169

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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  • Jim Wicks

    Tewksbury Commercial Real Estate - Toowong
    0416 *** ***
  • Jeff Dolan

    Tewksbury Commercial Real Estate - Toowong
    0412 *** ***