OFF MARKET

222 Petrie Terrace
Petrie Terrace QLD 4000

Bedrooms: 8
Bathrooms: 1
Car spaces: 2
Floor area: 256m2
Land area: 228m2
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Property Details for 222 Petrie Tce, Petrie Terrace

Building Type
Commercial
Year Built
1860
Floor Size
256m2
Land Size
228m2
Local Government
Brisbane
Lot/Plan
3/RP10688

Last Listing description (June 2011)

IT’S CRUNCH TIME…IT HAS TO GO!!!
CONTRACT CRASHED - SEEKING NEW INTEREST!
THE PREVIOUS CONTRACT HAS CRASHED AND WE NEED A NEW BUYER ASAP!!!

GENUINE OFFERS OVER $650K WILL BE CONSIDERED.
Here is a rare opportunity to purchase a piece of Brisbane's History; in the highly sought after locality of Petrie Terrace; with only a short walk to the CBD, Roma Street Transit Centre and bustling 'The Barracks' shopping and cafe precinct.
If you are searching for possible office space, professional chambers or studio in a high profile and clearly visible position, then look no further!! Easily accessible from all areas of Brisbane, this position will not disappoint.
The property is situated on a corner block (228sqm), providing off street parking at the rear of the building and easy access from Wellington Street.
This original two storey Queenslander currently being utilised as a rehearsal studio and storage facility by Arts Theatre Brisbane, could be easily converted to commercial premises (subject to BCC approval).
There is no lease in place so vacant possession is guaranteed!
Property Features ::
- Two storey Queenslander with central fire place on both levels + under
- Floor plan available
- Storage capacity underneath building on lower level
- Kitchenette & toilet on ground level
- Generous storage capacity through out
- Several rooms through out the building, ideal for individual offices or bedrooms
- Corner block with access from Wellington Street (228sqm)
- Double car port exists
- Category 2a under Brisbane City Council Resolution of Rates & Charges
BCC Rates: $1363.52/qtr
Call Byrony O'Neill on 0412 132 480, your local area specialist to arrange your inspection.
A sustainability declaration is available from the agent upon request.

Property History for 222 Petrie Tce, Petrie Terrace, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$630,000
30 May 2011
  • 30 May 2011
    Sold for $630,000
  • 07 Apr 2011
    Listed for Sale $650K PLUS
  • 09 Mar 2011
    Listed for Sale Not Disclosed
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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 640 properties. Over the last 5 years, Houses in Petrie Terrace have seen a 57.07% increase in median value, while Units have seen a 1.86% increase. As at 31 August 2024:

  • The median value for Houses in Petrie Terrace is $1,310,951 while the median value for Units is $516,249.
  • Houses have a median rent of $750 while Units have a median rent of $420.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Petrie terrace on OnTheHouse. According to CoreLogic's data, 22 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.