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Tewksbury Commercial Real Estate - Toowong
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Lytton House, 117 Lytton Road East Brisbane, QLD 4169

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For Sale - Offers to Purchase

Lytton House, 117 Lytton Road East Brisbane, QLD 4169

Other • Development Sites & Land • Shop & Retail
Sale Price

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Land area

850.0m²

Floor area

617.0m²

Car spaces

5

Parking info

Good onsite parking at the rear of the property

Property extent

Whole

Zoning

Zoned LMR2

Municipality

Brisbane City Council

Tenure type

Tenanted Investment

Tenanted Investment Details

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

INVESTMENT OPPORTUNITY

  • 850m2 Freehold Site under 2.5kms to CBD
  • Strong Rental Return / Fully Registered
  • Gross Income $164,320/18 Accom Modules
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 . 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.

In summary, the property offers:

850m2 land
Less than 2.5 km to Brisbane’s CBD
Strong Rental Return
18 tenanted rooms
Fully registered and accredited
Low Vacancy
Minutes to City Cat, buses and shopping
Gross income p.a. $164, 320 *

Offers to Purchase Close 4:00pm 25 July 2019

Property ID: 503227154Last Updated: 11 Jul 2019

Tewksbury Commercial Real Estate - Toowong
Lytton House, 117 Lytton Road
East Brisbane, QLD 4169
Jim Wicks
Jeff Dolan

Tewksbury Commercial Real Estate - Toowong

Level 2, 31 Sherwood Road
TOOWONG, QLD 4066

Agency contacts

Tewksbury Commercial Real Estate - Toowong

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Tewksbury Commercial Real Estate - Toowong

Level 2, 31 Sherwood Road
TOOWONG, QLD 4066
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Jim Wicks

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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

    Jim Wicks

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

    Jeff Dolan

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