Prime Commercial Site - DA Approved Expansion Potential
649 Lutwyche Road, Lutwyche QLD 4030
Offers over $900,000
RetailSize: n/a
Block size: 410 m² approx.
Welcome to your opportunity to secure a lucrative investment in the heart of Lutwyche, boasting a commanding presence on a bustling main road with unparalleled exposure. This distinguished property presents an existing commercial character building ripe with potential, accompanied by a coveted development approval to significantly enhance its Gross Floor Area (GFA), functionality and income stream.
Key Features:
Expansion Approval in Place: A significant advantage of this property is the secured development approval to expand the GFA from approximately 125 sqm to 224 sqm. This approval allows for the addition of modern office spaces, enhancing the property's appeal and potential revenue streams. Architectural plans have been completed by the renowned firm, UME Architects.
Existing Commercial Character Building: The property stands as a testament to timeless architecture, exuding charm and character that sets it apart from the ordinary. With a solid foundation in place, it offers a unique canvas for visionary investors to transform and adapt to contemporary business needs.
Strategic Main Road Location: Situated on a prime main road, nearby the Airport Link, this property benefits from unparalleled visibility and high foot traffic, ensuring maximum exposure for businesses operating within. Its strategic location serves as a magnet for potential customers and clients, positioning your enterprise for success from day one.
Surrounding the property is a vibrant community with a diverse mix of businesses, amenities, and residential developments. This dynamic environment fosters a conducive atmosphere for commercial success, with ample opportunities for collaboration and growth.
Contact us today for more information and unlock the possibilities that await!
Key Features:
Expansion Approval in Place: A significant advantage of this property is the secured development approval to expand the GFA from approximately 125 sqm to 224 sqm. This approval allows for the addition of modern office spaces, enhancing the property's appeal and potential revenue streams. Architectural plans have been completed by the renowned firm, UME Architects.
Existing Commercial Character Building: The property stands as a testament to timeless architecture, exuding charm and character that sets it apart from the ordinary. With a solid foundation in place, it offers a unique canvas for visionary investors to transform and adapt to contemporary business needs.
Strategic Main Road Location: Situated on a prime main road, nearby the Airport Link, this property benefits from unparalleled visibility and high foot traffic, ensuring maximum exposure for businesses operating within. Its strategic location serves as a magnet for potential customers and clients, positioning your enterprise for success from day one.
Surrounding the property is a vibrant community with a diverse mix of businesses, amenities, and residential developments. This dynamic environment fosters a conducive atmosphere for commercial success, with ample opportunities for collaboration and growth.
Contact us today for more information and unlock the possibilities that await!
Inspections
No open inspections scheduled.
Send an enquiry
Contact Lance Denovan to learn more about this property, request an inspection or take an online tour.
Key details
Garage Spaces:
5
Property type:
Retail
Block Size:
410 m²*
Other Details
Lot:
3
Plan Type:
RP
Plan:
19387
Legal description:
3/RP19387
Maps and area information
Block information
Block size: 410m² (approx)
Legal description: 3/RP19387
Measurements are estimates only and based on data provided under licence from
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
26 Jun 2019
Sold
Raine & Horne Commercial Brisbane North
Listed: 21/03/2019
Block size: 410m²
Transfer type: Full transfer
Lutwyche suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
33 years
Population
4,610
Listing ID: 182307533. This listing has been viewed 2 times. It was first displayed on 17/02/2024 and last updated on 10/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.