SOLD
Sold on 23 Oct 2023 for $760,000

50 Connors Street
Petrie QLD 4502

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 182m2
Land area: 1012m2
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Property Details for 50 Connors St, Petrie

50 Connors St, Petrie is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 1012m2 and floor size of 182m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 3 bedroom House sold in Petrie in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
182m2
Land Size
1012m2
Local Government
Moreton Bay
Lot/Plan
27/RP30247

Last Listing description (November 2023)

Are you ready to seize a golden opportunity in thriving Petrie? Look no further! Presenting an exclusive offering from Vijay Kumar at Ray White North Lakes, this property is more than just a home; it's a strategic investment waiting to be harnessed.

A Dream Home with Endless Possibilities
This highset residence boasts timber floors throughout with radiant natural light and breezes in abundance offering comfort and liveability for residents. The expansive open-plan lounge is perfect for both relaxed living and entertaining guests, while bifold doors lead you to a generously sized covered deck providing an ideal space to soak up the sun or enjoy alfresco dining.

The master bedroom features semi ensuite for your convenience, ensuring that every aspect of your daily life is comfortable and functional.
Main bathroom comes with bathtub, vanity and separate shower.

Two additional rooms are spacious and comfortable. And that's not all! A sparkling saltwater pool awaits, promising hours of relaxation and enjoyment, right in your own backyard.

Location, Location, Location
Nestled in a prime location, this property offers unparalleled convenience. A short walk takes you to Petrie Train Station, making your daily commute a breeze. The nearby USC Petrie Campus ensures that educational opportunities are within easy reach, while an upcoming shopping centre promises retail therapy at your doorstep.

Income Potential Beyond Compare
For the savvy investor, this property brings an enticing opportunity. With a rental appraisal at $600-$650 Per week. Imagine reaping the benefits of this steady income stream while exploring the property's development potential.

Endless Development Possibilities
On a sprawling 1012m2 land parcel, this property has received development approval for 24 apartments (units), making it a real game-changer. The approved plans include 18 two-bedroom, two-bathroom units, five one-bedroom, one-bathroom units, and one three-bedroom, two-bathroom unit.

School Petrie State School & Pine Rivers State High school

Location Highlights

600m - 2 min Petrie State School
5.2km - 8 min to Pine Rivers State High school
1.3km - 4 min Our Lady of the Way Primary School
1.3km - 4 min Mount Maria College
1.8 km - 4 min Petrie Train station
29.5 km - 27 minutes to Brisbane Airport
29.3 km - 31 minutes to Brisbane CBD

For Sale: Offers over $740,000.

For more information and inspections: Please contact Vijay Kumar at 0477199210 or Sean Rafferty 0435 128 005

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise. Due to relevant legislations, a price guide isn't available for properties being sold without a price or via auction. Websites may filter a property being sold without a price or via auction into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide.

Property History for 50 Connors St, Petrie, QLD 4502

A timeline of how this property has performed in the market
Last Sold
$760,000
23 Oct 2023
Listed for Rent
$550/w
10 Oct 2022
  • 23 Oct 2023
    Sold for $760,000
  • 11 Sep 2023
    Listed for Sale Offers Over $740,000
  • 30 Sep 2022
    Listed for Rent $550 / 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 3,606 properties. Over the last 5 years, Houses in Petrie have seen a 83.52% increase in median value, while Units have seen a 88.93% increase. As at 30 September 2024:

  • The median value for Houses in Petrie is $812,939 while the median value for Units is $540,651.
  • Houses have a median rent of $565 while Units have a median rent of $450.
There are currently 31 properties listed for sale, and 10 properties listed for rent in Petrie on OnTheHouse. According to CoreLogic's data, 147 properties were sold in the past 12 months in Petrie.

Suburb Insights for Petrie 4502

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Contact agent
Sean Rafferty
Show contact details
Vijay Kumar
Show contact details
Ray White North Lakes
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.