OFF MARKET

38 Petrie Terrace
Petrie Terrace QLD 4000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 65m2
Land area: 253m2
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Property Details for 38 Petrie Tce, Petrie Terrace

Building Type
Commercial
Floor Size
65m2
Land Size
253m2
Local Government
Brisbane
Lot/Plan
46/RP10654

Last Listing description (July 2021)

Re/max City are pleased to present to the market 38-40 Petrie Terrace, an outstanding investment opportunity comprising of two buildings over two separate lots. Located on Petrie Terrace with direct access to the CBD and major arterials making this one of the hottest and most sought after inner city locations. It features:

- 506m2 Land over 2 Lots
- QPP-DC1 - DISTRICT CENTRE ZONE

- Huge exposure on Petrie Terrace
- Potential for further development (STCA)
- Car parking at rear of property
- Close proximity to Caxton street, CBD and more

Petrie Terrace is a prime inner city location ensures this property is a veritable goldmine. Situated on a main arterial with thousands of passing cars daily the property is within close proximity to The Barracks, cinemas, Caxton Street restaurants, Suncorp stadium, quality schools, public transport and more. A short stroll will take you into the heart of Brisbane city, Southbank and Roma St Parklands.

Please call Geoff Esdale for further information and to schedule your inspection.

Property History for 38 Petrie Tce, Petrie Terrace, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$1,200,000
21 Jul 2015
Listed for Rent
$450/w
03 Oct 2019
  • 23 Aug 2019
    Listed for Sale CONTACT EXCLUSIVE AGENT
  • 10 Jul 2019
    Listed for Rent - Price not available
  • 19 Sep 2018
    Listed for Rent $50,000 / year
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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.

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.