FOR SALE
Price on Application

50 Connors Street
Petrie QLD 4502

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1012m2
Land area: 1012m2
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DA Approved - 24 Units Walk to Petrie University

This exciting development opportunity at 50-52 Connors street Petrie has been cleverly designed to take advantage of the Urban zoned location and is a short stroll to the USC Petrie Campus, Petrie railway and all that Petrie Village has to offer.
Set high in a quiet leafy location, the home enjoys amazing views down to the Petrie river parklands and mountains to the west.
See below key points:
24 Units comprising:
18 x 2 bedroom, 2 bathroom
5 x 1 bedroom, 1 bathroom
1 x 3 bedroom, 2 bathroom
Current dwelling onsite is a 3 bedroom, highset house, with expansive open plan lounge that flows out to a huge covered deck.
Master bedroom has an ensuite
Internal stairs lead to a good size rumpus on the lower level.
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Property Details for 50 Connors St, Petrie

Building Type
Commercial
Floor Size
1012m2
Land Size
1012m2

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About Petrie 4502

The size of Petrie is approximately 6.6 square kilometres. It has 32 parks covering nearly 17.5% of total area. The population of Petrie in 2011 was 8,499 people. By 2016 the population was 8,686 showing a population growth of 2.2% in the area during that time. The predominant age group in Petrie is 40-49 years. Households in Petrie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Petrie work in a clerical occupation. In 2011, 76.1% of the homes in Petrie were owner-occupied compared with 71.9% in 2016.

Petrie has 3,618 properties. Over the last 5 years, Houses in Petrie have seen a 81.94% increase in median value, while Units have seen a 93.94% increase. As at 31 October 2024:

  • The median value for Houses in Petrie is $817,474 while the median value for Units is $540,126.
  • Houses have a median rent of $573 while Units have a median rent of $443.
There are currently 35 properties listed for sale, and 9 properties listed for rent in Petrie on OnTheHouse. According to CoreLogic's data, 154 properties were sold in the past 12 months in Petrie.

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Amit Nagar
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Oxbridge Property Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.