23 Lowerson Street, LutwycheQLD 4030

Listing data updated 8 June 2026

Developers Opportunity, Offers Over $2.1M Back on the market due to unforeseen circumstances from the previous buyer. This is your golden opportunity to secure this exceptional opportunity to land bank or develop in the heart of Lutwyche! Property Highlights: • 5 km north and just a 10 minute commute from Brisbane's CBD, Lutwyche is attracting a growing number of families and young professionals • Strong demand suburb with both rental and owner-occupier appeal • This property, located across the street from Lutwyche City Home.Co Shopping Centre (which recently benefited from a $55 million renovation) has mixed use commercial and residential opportunities including 5 storey residential, cafe/restaurant, retail, business, professional, community, cultural, or entertainment • Strategic location near healthcare, education, public transport hubs (train and buses) and bikeways • Characterised by tree-lined streets and natural brooks, Lutwyche is becoming one of the urban renewal epicentres of Brisbane, alongside its neighbours Albion and Newstead • Close to recreational facilities including sports fields, Kedron Brook Parklands, public and private swimming pools, tennis courts, gyms, Brisbane's largest off leash dog park, Lutwyche Community Centre, Bowls Club, and Cricket Club • Close to Royal Brisbane Hospital • Close to good Schools and University of Queensland's Herston Campus The Nitty Gritty • Land: 620m² • House: 182m2 footprint, 4 bed, 2 bath, 2 car • Currently tenanted on an open lease • Services: Gas, water, sewer, NBN, Telstra, Energex confirmed • BCC Zoning: DC2 (District Centre Corridor) Zone allows for mixed use commercial and residential opportunities including 5 storey residential, cafe/restaurant, retail, business, professional, community, cultural, or entertainment (Lutwyche Road corridor neighbourhood plan/NPP-001a) • Precedents set with neighbouring lots successfully redeveloped into multi-storey mixed-use commercial and residential units, demonstrating Council support • Lutwyche offers a compelling investment proposition, emerging as one of Brisbane's leading inner-ring suburbs for house price growth, recording an impressive surge of 9.9% for houses, 19.7% for apartments and 33.7% for 3 bedroom apartments in the last 12 months, whilst still remaining more affordable than the core inner-city suburbs • Brisbane, in regards to future growth prospects, is one of the strongest performing Australian housing markets, attracting investors and homebuyers including first home buyers due to its strong Capital Growth potential, Lifestyle Appeal (climate, proximity to stunning beaches and vibrant culture) and fast growing population and job market driving strong rental demand and Infrastructure spending is likely to increase as the 2032 Olympic games draw closer Contact Caroline Bailes on 0435 291 378 to discuss this opportunity further. Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website. Disclaimer: Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.