OFF MARKET

22 Petrie Terrace
Petrie Terrace QLD 4000

Bedrooms: -
Bathrooms: -
Car spaces: -
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Property Details for 22 Petrie Tce, Petrie Terrace

Building Type
Commercial
Local Government
Brisbane

Last Listing description (May 2023)

Formally a tram service station, Substation No4 has been retrofitted to accommodate a creative office user or a retailer. Historic office buildings are a rarity in Brisbane and with many of the iconic features retained, this property provides a great opportunity to differentiate your company. Employees' amenities are well-serviced by the Caxton Street/ Barracks precinct which is one of Brisbane's premier entertainment and dining precincts. In addition, the property is positioned in close proximity to public transport, the CBD and Suncorp Stadium.

This outstanding opportunity has the following key features:
- 360sqm (approx) over 3 levels

- Original features preserved including the tram gantry
- Abundant natural light
- Located within the Caxton Street/ Barracks entertainment precinct
- Minutes from the CBD
- Close proximity to public transport
- Great exposure to Petrie Terrace
- Potentially up to 4 car parks available with additional carparks available nearby

Creative buildings dont last long so for further details on this rare opportunity contact the exclusive marketing agencies CBRE and Wright Property.

Property History for 22 Petrie Tce, Petrie Terrace, QLD 4000

A timeline of how this property has performed in the market
Listed for Rent
08 Aug 2016
  • 25 Jul 2022
    Listed for Rent - Price not available
  • 11 Apr 2019
    Listed for Sale Not Disclosed
  • 31 Jul 2015
    Listed for Rent - Price not available

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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.

Suburb Insights for Petrie Terrace 4000

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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.