37 Bradshaw StreetLutwyche QLD 4030
Property Details for 37 Bradshaw St, Lutwyche
37 Bradshaw St, Lutwyche is a 8 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1950. The property has a land size of 541m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in February 2024.
Last Listing description (October 2024)
Location: Situated at 37 Bradshaw Street, Lutwyche, QLD, this property boasts an exceptional location with its proximity to a shopping center within 100 meters and easy access to public transport within 50 meters. The strategic placement enhances convenience and accessibility for both tenants and potential buyers.
Rental Potential: The property comprises four lots, all currently rented out with an impressive potential average rental income of $390 per week per unit. This steady rental income provides a reliable cash flow stream, adding stability to the investment.
Development Opportunities: The property allows for a maximum building height of four stories, subject to council approval. This flexibility opens the door to potential development opportunities, making it an attractive prospect for those considering expansion or redevelopment projects. Additionally, up to 30% of the space can be designated for commercial use, enhancing the property's versatility.
Strategic Long-Term Investment: With its prime location and development potential, 37 Bradshaw Street presents itself as an ideal candidate for long-term investment. The strategic proximity to amenities, public transport, and the flexibility in development options contribute to its value appreciation over time.
Considerations: Investors should conduct thorough due diligence regarding local council regulations, zoning requirements, and potential future developments in the area. Engaging with local authorities and planning departments will be essential to ensure compliance with regulations and maximize the property's potential.
In conclusion, 37 Bradshaw Street, Lutwyche, QLD, stands as a promising investment opportunity with its strategic location, rental income potential, and development possibilities. For those with a long-term vision, this property holds the key to both immediate returns and sustained growth in the dynamic real estate market.
Rental Now = 62k per year, spend 50K to 70K and you can get close to 100K per year
Outgoing: Council Rate $1350 P/Q
Water : $1100 to $1200 P/Q
Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.
Property History for 37 Bradshaw St, Lutwyche, QLD 4030
- 08 Feb 2024Sold for $1,350,000
- 16 Jan 2024Listed for Sale For Sale!
- 06 Oct 2023Listed for Sale For Sale
Recent sales nearby
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About Lutwyche 4030
The size of Lutwyche is approximately 0.9 square kilometres. It has 9 parks covering nearly 11.8% of 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 3,064 properties. Over the last 5 years, Houses in Lutwyche have seen a 58.21% increase in median value, while Units have seen a 104.24% increase. As at 30 November 2025:
- The median value for Houses in Lutwyche is $1,490,925 while the median value for Units is $835,113.
- Houses have a median rent of $650 while Units have a median rent of $620.
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