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439 Lutwyche Rd 3,315 SF 100% Leased Office Building Lutwyche, QLD 4030 $1,404,642 ($423.69/SF) 5% Cap Rate



Investment Highlights
- Two-level office/retail building totaling 308 m² with strong corner exposure
- On-site amenities servicing both levels for tenant convenience
- Practical interior layouts suitable for open-plan or fitted configurations
- Positioned along a major arterial less than 5 km from Brisbane CBD, ensuring strong connectivity
Executive Summary
An outstanding opportunity is available to acquire a fully leased, two-level office and retail building positioned along one of Brisbane’s most prominent arterial corridors. Comprising 308 m² of functional accommodation across a 529 m² freehold corner site, this asset delivers a rare combination of immediate income and long-term redevelopment potential within a tightly held inner-north growth precinct.
The property offers ground-floor retail/showroom space characterized by expansive glazing and generous street frontage, maximizing tenant exposure to Lutwyche Road’s constant traffic flow. Above, the first floor accommodates professional office suites benefiting from high ceilings, excellent natural light, and efficient layouts conducive to both open-plan and fitted requirements. Amenities are located on both levels, ensuring streamlined functionality for multiple tenancies.
Rear-lot access provides secure on-site parking for seven vehicles, a critical advantage in an inner-city setting. The building occupies a prime District Centre Zoned allotment, opening the door for a future redevelopment of up to five levels (STCA) or strategic repositioning to capture market-aligned rents significantly above current levels.
Located only 5 km from Brisbane CBD and directly connected to key transport routes, the property benefits from proximity to Lutwyche City Shopping Centre, major arterial roads, and ongoing infrastructure investment fueling strong residential and commercial demand in the corridor. With an interstate owner committed to selling, this offering represents an exceptional opportunity to secure a sub-$2 million holding that combines secure income, value-add potential, and favorable zoning in one of Brisbane’s fastest-evolving precincts.
The property offers ground-floor retail/showroom space characterized by expansive glazing and generous street frontage, maximizing tenant exposure to Lutwyche Road’s constant traffic flow. Above, the first floor accommodates professional office suites benefiting from high ceilings, excellent natural light, and efficient layouts conducive to both open-plan and fitted requirements. Amenities are located on both levels, ensuring streamlined functionality for multiple tenancies.
Rear-lot access provides secure on-site parking for seven vehicles, a critical advantage in an inner-city setting. The building occupies a prime District Centre Zoned allotment, opening the door for a future redevelopment of up to five levels (STCA) or strategic repositioning to capture market-aligned rents significantly above current levels.
Located only 5 km from Brisbane CBD and directly connected to key transport routes, the property benefits from proximity to Lutwyche City Shopping Centre, major arterial roads, and ongoing infrastructure investment fueling strong residential and commercial demand in the corridor. With an interstate owner committed to selling, this offering represents an exceptional opportunity to secure a sub-$2 million holding that combines secure income, value-add potential, and favorable zoning in one of Brisbane’s fastest-evolving precincts.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
3,315 SF
Building Class
C
Price
$1,404,642
Price Per SF
$423.69
Cap Rate
5%
NOI
$70,232
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,658 SF
Building FAR
0.58
Lot Size
0.13 AC
Parking
7 Spaces (2.11 Spaces per 1,000 SF Leased)
Amenities
- Common Parts WC Facilities
- Demised WC facilities
- Natural Light
- Recessed Lighting
- Drop Ceiling
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439 Lutwyche Rd
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