3/24 Young St, Petrie is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 2069m2.
Not often does a beauty like this come to market! A rare 2069msq property package with size, position & development potential, not to mention fantastic earning potential!
Currently, the property consists of 3 x 2-bedroom units, each earning rental income from $310 to $330 per week. The units are comfortable and ready to live-in or lease out while planning the future development. Each air conditioned unit features two bedrooms, an open planned kitchen, living and dining, bathroom and shared built in garage. They have been newly renovated and are presented in fantastic condition.
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 planned to be transformed into a vibrant urban community, with Petrie town centre and the new University of the Sunshine Coast campus at its hub, along with a focus on large tech multinationals and telecommunication businesses. Once complete with shopping centres, cafe's, restaurants and The Mill at Moreton Bay Water Park and Play Space, this community will no doubt attract an abundance of families and students to this urban wonderland
800m to Petrie Station
20 mins by express train to Brisbane CBD
1.1km to University of Sunshine Coast Petrie Campus
470m to Petrie State School
3.5km to Pine Rivers State High School
Quarterly Rates: $1,250
Quarterly Water: $ 800
Contact Michele for more information
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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