3870 2555
Level 2, Toowong Terraces
31 Sherwood Road
Toowong, QLD, 4066
PO Box 2322, Toowong 4066
Fax: 3870 2899
117 Lytton Road, East Brisbane presents a rare opportunity for an investor to acquire a prime property in the high growth area of East Brisbane. The property is a regular shaped block over 2 lots totalling 850m2 with high exposure to Lytton Road, East Brisbane.
Elevated above the street, frontage the improvements are a highset dwelling comprising of 18 accommodation modules over 2 levels . The property enjoys a 21.5 metre (approx) frontage to Lytton Road and is located within 2.5 km from Brisbaneās CBD.
This property is a fully accredited/registered Boarding House and benefits from a strong rental return in an excellent location where all amenities are just a few minutes walk away.
In summary, the property offers:
850m2 land
Less than 2.5 km to Brisbaneās CBD
Strong Rental Return
18 tenanted rooms
Fully registered and accredited
Low Vacancy
Minutes to City Cat, buses and shopping
Gross income p.a. $164, 320 *
Offers to Purchase Close 4:00pm 25 July 2019
117 Lytton Road
East Brisbane
