216 Petrie TerracePetrie Terrace QLD 4000
Property Details for 216 Petrie Tce, Petrie Terrace
216 Petrie Tce, Petrie Terrace is a 4 bedroom, 6 bathroom Unit with 4 parking spaces. The property has a land size of 240m2. While the property is not currently for sale or for rent, it was last sold in March 2007.
Last Listing description (November 2022)
HIGH EXPOSURE OPPORTUNITY 4 LEVEL COMMERCIAL AND RESIDENTIAL BUILDING IN THE HEART OF PETRIE TERRACE
Offering for sale a premium mixed use asset on Petrie Terrace. Ideally positioned in one of Brisbane's most recognized locations , offering excellent exposure and multiple value add opportunities including hotel/hostel accommodation, bar / restaurant and office.
The key attributes of this premium investment include:
Land Area of 240 sqm*
Building Area 800 sqm*
First Floor - Residential
Second Floor Residential
Ground floor - Composes of a fully operation restaurant/retail space for seating up to 100* people
Basement - Storage and Car Park
Within short distance to the bustling Caxton Street Entertainment Precinct, Petrie Barracks shopping centre, Suncorp Stadium, Roma street park lands and much more.
Minutes from Brisbane City and Normanby Bus Station, easily accessible via an array of public and private transport routes.
*Approximately
Please fill out the following NDA form prior to enquiring:
https://agents.oxbridge.com.au/oxbridge-nda-and-confidentiality-agreement/
Property History for 216 Petrie Tce, Petrie Terrace, QLD 4000
- 08 Apr 2022Listed for Sale FOR SALE BY NEGOTIATION
- 24 Jun 2020Listed for Sale FOR SALE BY NEGOTIATION
- 10 Jun 2019Listed for Rent $2,000 / week
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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.
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