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