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 Brisbane’s 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:
Less than 2.5 km to Brisbane’s CBD
Strong Rental Return
18 tenanted rooms
Fully registered and accredited
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