SOLD
RECENT ADVICE
Sold on 11 Oct 2023 - Price Unavailable

11 Dayboro Road
Petrie QLD 4502

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 345m2
Land area: 913m2
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Property Details for 11 Dayboro Rd, Petrie

Building Type
Commercial
Floor Size
345m2
Land Size
913m2
Local Government
Moreton Bay
Lot/Plan
2/RP79538

Last Listing description (October 2023)

• 345sqm* GFA Multi-tenanted freestanding investment
• 913sqm block within the "The Mill at Moreton Bay Priority Development Area" (PDA)
• Fully leased with current holding income of $48,810 Gross + GST per annum

• Substantial future rental reversion opportunity
• Genuine value add opportunity to refurbish & repurpose or redevelop
• Prime location in central Petrie adjoining Woolworths & The Petrie Hotel
• On-site parking + additional storage areas available at the rear of the property
• Within walking distance to public transport, major transport routes and schools
• Surplus to Vendor requirements and will be Sold

The property is being Auctioned Wednesday 11 October 2023 (unless sold prior).

For further information or to arrange an inspection, please contact EXCLUSIVE AGENTS Raine and Horne Commercial.

Listing ID 1105695

*Approximately

Property History for 11 Dayboro Rd, Petrie, QLD 4502

A timeline of how this property has performed in the market
Last Sold
11 Oct 2023
  • 11 Oct 2023
    Sold for $830,000
  • 08 Sep 2023
    Listed for Sale Auction In-Rooms 11 October 2023

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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 3,619 properties. Over the last 5 years, Houses in Petrie have seen a 87.05% increase in median value, while Units have seen a 89.97% increase. As at 31 July 2024:

  • The median value for Houses in Petrie is $808,194 while the median value for Units is $516,453.
  • Houses have a median rent of $565 while Units have a median rent of $445.
There are currently 22 properties listed for sale, and 11 properties listed for rent in Petrie on OnTheHouse. According to CoreLogic's data, 155 properties were sold in the past 12 months in Petrie.

Suburb Insights for Petrie 4502

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Contact agent
Trent Bruce
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Michael Schafferius
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Raine & Horne Commercial Brisbane North
Preferred contact:
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.