461-463 Lutwyche Road, Lutwyche | Property for sale | Savills
3,217 sq m(34,627.51 sq ft)
Price on application

461-463 Lutwyche RoadLutwyche

    Office
    3,217 sq m (34,627.51 sq ft)

    Key features

    • 3,217sq m* commercial office building converted for use as a landmark health and wellness facility
    • Highly secure income with 7 year* WALE to long term occupier, Fitness First Australia
    • $1,029,411* annual net income
    • Unique net lease** and 3% fixed annual reviews protecting rental growth and cash flow
    • Below market rent profile with significant reversion potential
    • Generous secure basement car parking for 82 vehicles (1:39) unmatched by competing facilities in the area
    • Elevated 2,602sqm DC1 zoned corner land holding with substantial development potential (STCA)
    • Located 4.5km* north of Brisbane’s CBD in one of the city’s most affluent and fastest growing inner-city catchments

    For Sale | 461-463 Lutwyche Road, Lutwyche

    About this property

    • The 3,217sqm commercial office building converted for the current health and wellness facility boasts a range of compelling investment fundamentals including long WALE , fixed increases, excellent car parking and below market rent profile with significant reversion potential.

    Local information

    • The property is located in Lutwyche, a well-established inner-city residential suburb some 4.8km* radially north of the Brisbane CBD, surrounded by the city’s most renowned and affluent suburbs including Clayfield, Hamilton, Wilston and Grange.

    Available space

    LevelTenancySale TypePriceAreaSqmStatus
    n aExpression of InterestContact agent for details3217.00sq mAvailable