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649 Lutwyche Road, Lutwyche

Sold for Offers over $900,000
Sold on 2nd June 2024

Prime Commercial Site - DA Approved Expansion Potential

Welcome to your opportunity to secure a lucrative investment in the heart of Lutwyche, boasting a commanding presence on a bustling main road with unparalleled exposure. This distinguished property presents an existing commercial character building ripe with potential, accompanied by a coveted development approval to significantly enhance its Gross Floor Area (GFA), functionality and income stream.

Key Features:

Expansion Approval in Place: A significant advantage of this property is the secured development approval to expand the GFA from approximately 125 sqm to 224 sqm. This approval allows for the addition of modern office spaces, enhancing the property's appeal and potential revenue streams. Architectural plans have been completed by the renowned firm, UME Architects.

Existing Commercial Character Building: The property stands as a testament to timeless architecture, exuding charm and character that sets it apart from the ordinary. With a solid foundation in place, it offers a unique canvas for visionary investors to transform and adapt to contemporary business needs.

Strategic Main Road Location: Situated on a prime main road, nearby the Airport Link, this property benefits from unparalleled visibility and high foot traffic, ensuring maximum exposure for businesses operating within. Its strategic location serves as a magnet for potential customers and clients, positioning your enterprise for success from day one.

Surrounding the property is a vibrant community with a diverse mix of businesses, amenities, and residential developments. This dynamic environment fosters a conducive atmosphere for commercial success, with ample opportunities for collaboration and growth.

Contact us today for more information and unlock the possibilities that await!

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  •  649 Lutwyche Road
  •  649 Lutwyche Road