34 Cricket StreetPetrie Terrace QLD 4000
Property Details for 34 Cricket St, Petrie Terrace
34 Cricket St, Petrie Terrace is a 7 bedroom, 2 bathroom House with 2 parking spaces and was built in 1875. The property has a land size of 392m2 and floor size of 283m2. While the property is not currently for sale or for rent, it was last sold in March 2020.
Last Listing description (May 2020)
PHONE FOR PRIVATE VIEWING TIME.
All reasonable offers considered
Seldom does an opportunity to become the proud owner of a slice of Brisbane's history. "Culmore" built in circa 1875 and now known as Aussie Way Lodge is a remarkable iconic three level Colonial residence. Consisting of eleven bedrooms, there is potential for further conversion into additional rooms (STCA). With the ability to accommodate up to thirty-five persons, the property is currently used as a boutique short term accommodation lodge. Operating for over 30 years the home has also been used as an Airbnb venue and has further potential to be used as a bed and breakfast.
Due to the owners imminent retirement, the sale price reflects Aussie Way Lodge being offered as a going concern, however vacant possession is negotiable.
With endless opportunities and endless potential, the property could be readily converted to an exclusive private residence, dual-occupancy or managed for student accommodation (STCA). In the rear yard is a large stand-alone building that could also be developed as a granny flat, a magnificent man-cave, studio or home theatre (STCA).
Either way, the prime inner city location ensures this property is a veritable goldmine.
Situated in a quiet street with views to Red Hill and Mount Coot-tha from the open front verandas, the house is but a short walking distance to The Barracks supermarket, speciality shops, cinema complex, Caxton Street restaurants, Suncorp stadium, Roma Street transport hub, Roma Street Parklands and quality schools. A short stroll will take you into the heart of Brisbane city and Southbank, with its galleries, museum and city beach.
FEATURES
1st Floor
• Six bedrooms, all with a/c's, ceiling fans, two of which opening onto a north-facing front veranda
• Two bathrooms, each comprising of showers, toilets and hand-basins
Ground Floor
• Five bedrooms, all with a/c's and ceiling fans, two of which opening onto a north-facing front veranda
• Powder room
• Two Bathrooms, each comprising of showers, toilets and hand-basins
• Large lounge-recreation room
• Dining room
• Large kitchen
• Storage room
Basement
• Expansive lockable storage-workshop area comprising three separate rooms
• Laundry
Rear & Side Yard
• Reception room
• Large recreation room
• Storage room
• Paved patio for alfresco dining and outdoor relaxation
• Off Street Parking for two cars plus two on-street parking permits currently available
https://www.booking.com/hotel/au/aussie-way-hostel.html
https://www.expedia.com.au/Brisbane-Hotels-Aussie-Way-Lodge.h15480528.Hotel-Information
https://www.airbnb.com.au/rooms/20935668?location=34%20Cricket%20Street%2C%20Petrie%20Terrace%20QLD%2C%20Australia&source_impression_id=p3_1561530003_AgSoAfLfK6P6i%2F1v&s=CZ310BXi
Property History for 34 Cricket St, Petrie Terrace, QLD 4000
- 23 Mar 2020Sold for $1,425,000
- 01 Jul 2019Listed for Sale $1,650,000
- 15 Feb 2018Listed for Sale Awaiting Price Guide
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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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