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Inner city Lutwyche development site - HUGE

Discussion in 'Development' started by DiligentPM, 20th Jun, 2015.

  1. DiligentPM

    DiligentPM Well-Known Member Business Member

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    18th Jun, 2015
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    443
    Location:
    Brisbane
    Hi fellow investors

    My daughter plays tennis with the amazing Fancutts three generation Wimbledon players (the matriarch of the family Daphne in her early eighties was a world champion along with her husband Trevor). Anyhow, they are looking to sell their centre as it is not longer a viable family business option which is sad for the local community as it marks an end of a special era. Check out the site on Laura street, Lutwyche Brisbane. Be good to get in ahead of the agents if you can afford it.
     
    Last edited by a moderator: 15th Jul, 2015
  2. Agent99

    Agent99 Well-Known Member

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    Location:
    Adelaide
    So what is land size ? What are council requirements ? Suit townhouse or apartments ?
     
  3. DiligentPM

    DiligentPM Well-Known Member Business Member

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    18th Jun, 2015
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    Location:
    Brisbane
    Information is from Daphne Fancutt Both apartment highrise and townhouses can be built Not sure of size but holds large house Huge garden 3 full tennis courts and 2 half size tennis courts
     
  4. Pistonbroke

    Pistonbroke Well-Known Member

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    Location:
    Guangzhou
    Time to slap on a heritage listing for sporting importance.
     
  5. LJW

    LJW Member

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    25th Jun, 2015
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    Location:
    Brisbane
    I would say that there is a reasonable chance they are already in discussions with developers. I remember reading an article about the sale in the local paper awhile ago. That would be a pretty awesome site. 5193sqm and zoned HDR1 High density residential (Up to 8 storeys) which funnily enough allows for unit developments up to 8 storeys. With a site like that you would be looking at 200+ units.