57 Thistle Street, Lutwyche QLD 4030

The 31 room Level 1 approved Boarding House is being offered to the market for the first time since 2004.
The property is located in the heart of Lutwyche with close proximity to Market Central Shopping Centre, Kedron Brook and the Brisbane City Council bus network.

The accommodation is in great condition with kitchens and bathrooms regularly maintained and rooms updated frequently.

The fully leased income is approximately $265,000 per annum. Running costs are approximately $85,000 PA.

The property is professionally managed by Tina Georgiou Property Management and has current occupancy of 100%! (October 2021).

Please email me for an Information Memorandum and supporting documents.