LAND BANK OPPORTUNITY - PRICED TO SELL - HIGH YIELDING INVESTMENT
236 Lutwyche Road Windsor
4 bed | 3 bathThis property offers a number of flexible opportunities for owner occupiers or investments and boasts three separate dwellings in one. At present, the property is achieving $850/week in rent from 3 separate tenancies. It offers a number of opportunities for the future, with the prospect of refurbishment or developing the site. Currently zoned Medium Density Residential.
Located in one of Brisbane's premier inner suburbs, this property is positioned only a few minutes walk to Windsor Train Station and Buses, 20 min walk to the Royal Brisbane Hospital Precinct and 4 km to the CBD.
Upstairs is a quaint two bedroom home featuring polished floors, separate living area, open kitchen, bathroom and separate toilet. The kitchen boasts a large gas stove, stone bench top and plenty of preparation area. The living area and master bedroom have ceiling fans and there are good breezes throughout. The living area also allows access to the front courtyard and a lush tropical garden. The back yard extends over 50 metres from the front entrance and allows room for up to 6 cars. Currently rented until November 2019 for $330/week.
There are two, one bedroom fully self contained units on the ground floor.
This unit has an open plan living/kitchen with modern amenities & polished concrete flooring. The bedroom is separate and provides a cool, private haven. There is a small bathroom with toilet, shower and vanity.
Current rental $270/week
This unit is located on the southerly aspect of the house. There is a small kitchen/dining area, and separate bathroom and bedroom. The garden and courtyard provide extra living space.
Current rental $250/week
* Please note, the downstairs bedrooms are not Council approved
There is a shared outdoor entertaining area with covered patio, sink and storage cupboards. Perfect for a barbecue or just relaxing with a book.
All three tenancies share a laundry (washing machine and dryer) which is separately metered.
Windsor is a family friendly suburb just 4 km to the CBD and close proximity to local schools, parks, public transport, cycle corridors and Lutwyche Shopping Centre and walking distance to Windsor State School and St Mary of the Cross. Become a part of this sought-after location, with easy access to both freeways and north and south tunnels, and within walking distance to public transport. Every convenience is at your fingertips!
Please call Agent to arrange a suitable inspection time.
- 607 sqm (approx)
- 62 sqm (approx)