1079 Anzac AvenuePetrie QLD 4502
Property Details for 1079 Anzac Ave, Petrie
1079 Anzac Ave, Petrie is a 10 bedroom, 5 bathroom Unit with 10 parking spaces. The property has a land size of 1265m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
Last Listing description (May 2022)
This is a truly unique offering with excellent rewards to those looking for a real estate project that will bring enormous value in the future.
On offer is this exceptional opportunity to secure a prime real estate package and capitalise on its numerous development possibilities. Occupying an expansive 1,265sqm allotment in one of the best locations in Petrie, the property is zoned for high density residential with potential to build up to 8 storeys (or higher).
It offers vast untapped potential with many creative possibilities, including:
Student accommodation
Retirement living
Short-term letting accommodation
Hotel
Aged care facility
The site is prominently located in an area undergoing rapid urban renewal and is part of the Queensland state priority development area named The Mill. This zone is slated to be transformed into a vibrant urban community, with Petrie town centre and the new University of the Sunshine Coast campus at its core, along with a focus on large tech multinationals and telecommunication businesses.
Currently, the property consists of 5 x 2-bedroom units, each earning rental income from $240 to $265 per week. The units are in solid and comfortable order and ready to live-in or lease out while planning the future development. Each features two bedrooms, a kitchen, bathroom and carport underneath. They have been smartly renovated and are presented in fantastic condition.
Buyers, investors, land bankers and developers will all appreciate the highly convenient location just a few footsteps to cafes, restaurants and Petrie train station.
Some of the highlights include:
600 meter walk to University of Sunshine Coast Petrie Campus
120 meter walk to new proposed woolworths & shopping district currently in the final approval stages
20mins by express train to Brisbane CBD
Petrie Train station on your doorstep
10mins to Westfield North Lakes Shopping Centre
50mins to the sunshine coast
Property History for 1079 Anzac Ave, Petrie, QLD 4502
- 29 Oct 2020Sold for $1,000,000
- 24 Sep 2020Listed for Sale Tender Closes 31st October
- 03 Jul 2018Listed for Rent $250 / week
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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 3,617 properties.
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