408/623 Lutwyche Road, Lutwyche, QLD 4030, Australia
20% Trade Component
AU$394,400 (Cash) | AU$98,600 (Trade)
Luxury Finishes 6km to Brisbane CBD
"VANTAGE" Lutwyche - POSITIVE CASH FLOW
A six-storey corner-block residential apartment development constructed on the corner of Isedale St and Lutwyche Road in a near city location on the north-side just six kilometres from the CBD and comprising of 55 apartments in total with 43 of these being two (2) bedroom apartments.
Vantage Lutwyche would be a nice fit for professionals in their early 20’s or early 30’s who work in the CBD, first home buyers and those considering share accommodation to help supplement repayments. There is good separation between bedrooms for privacy which is a nice feature for owner occupiers who want to rent out the second room to help service their mortgage.
Vantage Lutwyche is being targeted at both “sharing professionals that need their own space and owner-occupiers seeking above-average sized apartments.”
Lutwyche is not inner city, but it would be fair to say it is a near city suburb. With recent rezoning in Lutwyche along Lutwyche Rd there has been a surge in apartment projects in the area, of which Vantage Lutwyche is one.
The key attraction of Vantage Lutwyche is its entry level pricing. For first home buyers they are a realistic entry point to the market, and should offer investors good returns.
Renting at $500 a week approx.
With incredibly reasonable body corporate fees of approx $56pw
Available Apartment Options
21.21% Trade Component
AU$390,000 (Cash) | AU$105,000 (Trade)
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