9 Fuller Street, Lutwyche, QLD 4030 | Commercial for sale | OnTheHouse
 
FOR SALE
Business Only - $899k

9 Fuller Street
Lutwyche QLD 4030

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Brisbane Management Rights with Outstanding ROI

An outstanding opportunity to acquire the business-only management rights of Urban Ridge Terraces, a well-regarded townhouse complex in Brisbane. The agreements have just been topped up to a full 25 years, providing excellent long-term security and peace of mind for the incoming operator.
The current owner is ready to retire, creating the perfect chance for a new manager to step into a streamlined, low-maintenance business. With minimal day-to-day workload, this opportunity combines lifestyle flexibility with a strong financial return.
All major equipment required for the operation is owned by the Body Corporate, keeping overheads low. Should you wish to retain the office furniture and equipment, the vendor is happy to include these in the sale for a smooth handover.
Most notably, this complex delivers a remarkable ROI of 19.5% — a rare find in today’s market. Such returns, paired with long agreements and an easy-to-run operation, make this business exceptional value for both first-time operators and seasoned management rights buyers.
For those seeking a secure, profitable and lifestyle-friendly investment in Brisbane, Urban Ridge Terraces is a standout opportunity

Property Details for 9 Fuller St, Lutwyche

Building Type
Commercial
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About Lutwyche 4030

The size of Lutwyche is approximately 0.9 square kilometres. There are 9 parks, covering nearly 11.8% of the total area. The population of Lutwyche in 2016 was 3454 people. By 2021 the population was 4610 showing a population growth of 33.5% in the area during that time. The predominant age group in Lutwyche is 20-29 years. Households in Lutwyche are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lutwyche work in a professional occupation.In 2021, 31.30% of the homes in Lutwyche were owner-occupied compared with 34.20% in 2016.

Lutwyche has 3,063 properties. Over the last 5 years, Houses in Lutwyche have seen a 60.14% increase in median value, while Units have seen a 115.54% increase. As at 31 July 2026:

  • The median value for Houses in Lutwyche is $1,729,863 while the median value for Units is $917,825.
  • Houses have a median rent of $700 while Units have a median rent of $660.
There are currently 20 properties listed for sale, and 8 properties listed for rent in Lutwyche on OnTheHouse. According to Cotality's data, 150 properties were sold in the past 12 months in Lutwyche.

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Robert Collins
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RAAS Property Group
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