477-497 Lutwyche Road, Lutwyche, Qld 4030

Shiva Real Estate exclusive agents are pleased to present a truly rare and transformational inner-Brisbane opportunity – 477–497 Lutwyche Road, & East Street Lutwyche – now available for sale via negotiation.

Situated on a 3,424sqm land parcel* with an expansive 164m of combined street frontage*, this high-profile site offers outstanding potential for major mixed-use or commercial redevelopment. Strategically located just 5km* from the Brisbane CBD in a thriving inner-north suburb, the property boasts excellent exposure to Lutwyche Road—one of Brisbane’s key arterial routes.

Key Highlights:
– Prime Development Site: Zoned DC2 District Centre, code-assessable for up to 9+ storeys (STCA)*
– Outstanding Landholding: Total land area of 3,424sqm* with excellent frontage and access. A unique opportunity in a tightly held, high-growth urban corridor.

– Strong Holding Income:Currently improved by six freestanding commercial office buildings comprising 2,190sqm of net lettable area (NLA)* and 20+ on-site car parks.
– Net passing income: $ 608,000p.a.*
– Fully leased income potential: $670,000p.a.*

• Strategic Location:
Positioned within a robust large-format retail and commercial precinct, surrounded by national retailers, major supermarkets Home co, health services, and specialty stores. Located within walking distance of bus stations, and close to key arterials including Lutwyche Road and the Airport Link Tunnel.

• Demographic Advantage:
Lutwyche boasts a median household income higher than the Queensland average, reflecting its appeal to affluent professionals and families.

• Favourable Market Drivers:
- Historically low residential vacancy rates
- Continued population growth
- Increasing retail expenditure
- Ongoing infrastructure upgrades across Brisbane

Development Outcomes (STCA)*:
The site’s zoning and generous dimensions allow for a wide array of development outcomes including:
• Mixed-use retail and multiple dwelling
• Commercial or medical precinct
• Build-to-rent or high-density residential apartments
• Hotel, aged care or specialist services hub

This offering presents a rare convergence of location, scale, income and development upside—making it one of Brisbane’s most compelling opportunities currently available.

For further information or to arrange an inspection, please contact the exclusive agents Raman Atal Mehrotra 0412 240 939

Disclaimer:
Every effort has been made to ensure the accuracy of the information provided in this advertisement. However, no warranty or representation is given, and we accept no responsibility for any errors, omissions, or inaccuracies. Prospective purchasers are advised to conduct their own due diligence and seek independent professional advice to verify all details contained herein.
*All areas and figures are approximate only and subject to change without notice. STCA = Subject to Council Approval.