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Sold on 15 Jul 2024 for $1,800,000

11/8 Petrie Terrace
Petrie Terrace QLD 4000

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 160m2
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Property Details for 11/8 Petrie Tce, Petrie Terrace

11/8 Petrie Tce, Petrie Terrace is a 4 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom Apartment sold in Petrie Terrace in the last 12 months.

Building Type
Apartment
Floor Size
160m2
Local Government
Brisbane
Lot/Plan
11/BUP104697

Last Listing description (July 2024)

Perfectly positioned in one of Brisbane's liveliest pockets, this industrial building conversion has it all: heritage features, expansive spaces and enviable views across the surrounding rooftops and rolling hills.

Built in the 1920s, 8 Petrie Terrace, once known as Jackson's Granary, is a former warehouse, converted into apartments in the late nineties. This spacious, renovated apartment is a rare opportunity to secure one of Brisbane's landmark properties!

Property Features

• 4 Bedrooms
• 2 Bathrooms
• 2 Car tandem carport
• 160 SQM
• Eastern facing aspect
• Tri-level property
• Renovated interiors
• Soaring, vaulted ceilings
• Exposed timber beams, brick walls and industrial remnants
• Timber floors
• Private rooftop deck with city views
• Panoramic views across Paddington
• 3kw Solar Power Grid Connector

Spectacularly renovated to skilfully blend modern interiors with the preserved industrial structure, Unit 11 immediately impresses with its cathedral height vaulted ceilings and grand living space. A corrugated iron roof sits high above exposed timber beams, framed by original brick walls and dark accents throughout, creating a moody, yet welcoming ambience.

Upon entering, stairs immediately invite residents and guests to ascend toward the magnificent heart of the apartment, updated, while respecting its storied past. The home is centred around the open plan living area on the main level, cleverly illuminated by skylights above.

Additional rooms and bathrooms have been placed along the outer walls of the property, allowing them to enjoy the gorgeous views of the home's surroundings, each luminous space featuring unique accents such as exposed beams, pipes or machinery, reminiscent of the building's rich history.

The dark kitchen blends seamlessly into the space, with ample storage and preparation space, a thick stone bench top and a large window with a marvellous view. The laundry and linen storage is tucked away behind a floating VJ wall, creating a sense of separation from the living and dining area, as well as cleverly concealing the bathrooms on this level.

The third bedroom at the opposing end of the home overlooks the rooftop deck, with a captivating city aspect and a unique sense of privacy and serenity, exuding charm straight out of a movie scene!

A spiral staircase leads you to a lovely loft, perched above the rest of the apartment with panoramic views of the surrounding suburbs. A versatile and secluded space, here presented as an art studio, this room and adjacent walk-in robe can be utilised however you desire!

Thoughtfully transformed to provide modern day comfort and class, while respecting the rich heritage of the building, this warehouse conversion on the border of Paddington and the CBD is a rare chance to own a prized piece of the city's history!

Located just seconds from the Petrie Barracks, bustling Caxton Street and Suncorp Stadium, enjoy easy access to Brisbane's western suburbs, South Brisbane and the CBD via main roads and public transport, as well as a vibrant lifestyle on your doorstep!

SUBURB FEATURES

LIFESTYLE
• Mere steps to the Petrie Barracks Shopping Precinct, Suncorp Stadium and Caxton Street
• Short walk to the Bicentennial Bikeway and Riverwalk
• 2km (10 min drive and 20 min walk) to the CBD
• 2 km (5 min drive) to South Brisbane/Southbank
• 1.5 km (5 min drive) to Roma Street Parklands
• 2.5 km (10 min drive) to Victoria Park
• 2.5 km (10 min drive) Wesley Hospital
• 5 km (15 min drive) to Mt Coot-tha Botanical Gardens
• 6 km (15 min drive) to Indooroopilly Shopping Centre

TRANSPORTATION
• 650 m (10 min walk) to Roma Street Station
• 1km (10 min walk) to Milton Station
• 500m (5 min drive) to Inner-City Bypass (ICB)
• 700m (10 min drive) to Coronation Drive
• 2 km (25 min walk) to Milton Ferry Terminal

EDUCATION
• Petrie Terrace State School & Kelvin Grove State College Catchment Area
• Proximity to Brisbane Girls Grammar School, Brisbane Boys College, Stuartholme School, All Hallows Girls School.
• Close to University of Queensland (UQ) St Lucia Campus & Queensland University of Technology (QUT) CBD Campus

Property History for 11/8 Petrie Tce, Petrie Terrace, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$1,800,000
15 Jul 2024
Listed for Rent
13 May 2021
  • 30 Jun 2024
    Sold for $1,800,000
  • 11 Jun 2024
    Listed for Sale For Sale
  • 04 Jul 2023
    Sold for $1,600,000
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About Petrie Terrace 4000

The size of Petrie Terrace is approximately 0.3 square kilometres. It has 2 parks covering nearly 6.4% of total area. The population of Petrie Terrace in 2011 was 1,183 people. By 2016 the population was 1,134 showing a population decline of 4.1% in the area during that time. The predominant age group in Petrie Terrace is 20-29 years. Households in Petrie Terrace are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Petrie Terrace work in a professional occupation. In 2011, 39.7% of the homes in Petrie Terrace were owner-occupied compared with 38.9% in 2016.

Petrie Terrace has 636 properties. Over the last 5 years, Houses in Petrie Terrace have seen a 54.64% increase in median value, while Units have seen a 14.62% increase. As at 31 October 2024:

  • The median value for Houses in Petrie Terrace is $1,380,414 while the median value for Units is $558,122.
  • Houses have a median rent of $700 while Units have a median rent of $435.
There are currently 3 properties listed for sale, and 1 property listed for rent in Petrie terrace on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in Petrie terrace.

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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.