SOLD
Sold on 05 Feb 2024 for $2,625,000

276 Petrie Terrace
Petrie Terrace QLD 4000

Bedrooms: -
Bathrooms: -
Car spaces: 8
Land area: 546m2
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Property Details for 276 Petrie Tce, Petrie Terrace

Building Type
Commercial
Land Size
546m2
Local Government
Brisbane
Lot/Plan
67/RP10688

Last Listing description (November 2023)

C Property proudly presents 276 Petrie Terrace, Petrie Terrace, a retail/office opportunity with exceptional exposure to the Normanby Fiveway intersection and conveniently located seconds from Brisbane CBD. Secure this Landmark location for your business with over 70,000 cars passing per day!

Key features:
- 296sqm of combined retail, showroom, and office space over two levels

- Open plan layout ground floor
- Incredible signage opportunities (over 70,000 cars daily*)
- 8 + on-site car parks
- Fantastic natural light
- Creative open plan lay out
- Walking distance to a variety of public transport
- End of trip facilities

This landmark location has easy access to main thoroughfares and Motorways including Milton Road, Coronation Drive, and the Hale Street entrance to the Inner-City Bypass.

For further information, or to arrange an inspection, contact exclusive C Property agents today!

*Approximately

Property History for 276 Petrie Tce, Petrie Terrace, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$2,625,000
05 Feb 2024
Listed for Rent
$39k/w
22 Nov 2023
  • 05 Feb 2024
    Sold for $2,625,000
  • 13 Oct 2023
    Listed for Rent - Price not available
  • 27 Jul 2023
    Listed for Sale Please Contact Agent
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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 635 properties. Over the last 5 years, Houses in Petrie Terrace have seen a 56.65% increase in median value, while Units have seen a 7.58% increase. As at 30 September 2024:

  • The median value for Houses in Petrie Terrace is $1,334,041 while the median value for Units is $543,236.
  • Houses have a median rent of $750 while Units have a median rent of $420.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Petrie terrace on OnTheHouse. According to CoreLogic's data, 23 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.