Bartercard Real Estate

408/623 Lutwyche Road, Lutwyche, QLD 4030, Australia

$493,000
20% Trade Component
AU$394,400 (Cash) | AU$98,600 (Trade)

Beds2
Bathrooms2
Cars1

Additional Information


Pinterest

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.

 

 

 

 

Rental Information

Renting at $500 a week approx.

Additional Information

With incredibly reasonable body corporate fees of approx $56pw


Property Features

Not applicable

Property Information

Category
Residential
Property Type
Apartment
Building Size (Internal)
81 m2
Building Size (External)
13 m2
Under Offer
No

Available Apartment Options

Sold

Apartment 509

Building Internal Area (m2)
81 m2
Building External Area (m2)
13 m2
Bedrooms
2
Bathrooms
2
Garages
1

$495,000
21.21% Trade Component
AU$390,000 (Cash) | AU$105,000 (Trade)

Vendor Details

William Hu

Phone : 0421 206986
Email : william.hu@seqproperty.com.au

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