243 & 241 Lutwyche Road, Windsor, QLD 4030
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Development opportunity with income now - Lutwyche Rd Frontage with Rear Access
Neighbouring 463m2 sites with tenanted premises being offered for sale individually or in one line. With lease back terms available.
241 currently occupied by the owner and one other tenant. The building has recently had a brand new roof fitted and has access from Lutwyche road as well as from the rear via Somerset St with car parking.
243 is a two storey building housing three tenancies, all occupied. The upstairs tenancy at the front has access from Lutwyche road via the showroom with two offices and from the rear via an internal staircase. The showroom has been revamped only 4 years ago and includes new air-conditioning and installation of a goods lift. It has two toilets and showers and a large factory/working area which is fully air-conditioned with reverse cycle.
Downstairs has an underfloor storage area and common space with is fully secure and lockable via two electric roller doors. There is a vehicle tunnel that provides access from Lutwyche Rd to the rear car park and space for 3 vehicles to be parked securely under the building.
Also downstairs is a seperate tenancy that has access from the rear car park and via the common space under the upper floors. Fitted with brand new split system air-conditioning systems, the space has been recently refitted with a shower/bathroom, toilet, laundry and kitchen.
Upstairs is a fully separate 205m2 space that has been extensively refitted just 2 years ago with new carpets, partition walls and brand new ducted air-conditioning system. The space can be accessed via the rear external stairs from the car park or via the internal stairs.
The building is fitted with a very large solar system that provides electricity to the entire building for a fixed price of 11c per kilowatt.
There is 12 car spaces accessed via the easement from Somerset Street.
Preliminary works by TVS Architects Brisbane indicate that combining both sites provides the opportunity to build either a mixed use residential/retail consisting of 9 residential (6 x 2 bedroom and 3 x 1 bedroom) apartments and two retail/professional office spaces with car parking underneath. There is also the alternative of all residential.
The site is located just 360m from the Windsor train station, 1.3 km from Lutwyche Central shopping precinct, 5 mins drive from Brisbane CBD and 1.5km from Royal Brisbane Hospital.
Lease details available upon request.
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