5/8 Petrie TerracePetrie Terrace QLD 4000
Property Details for 5/8 Petrie Tce, Petrie Terrace
Last Listing description (November 2016)
* Massive rent reduction to $328/m2 Gross
* 221m2 of unique character space
* Walk to the CBD, Roma St Station and Law Courts
* 2 Car parks available for lease @ $150pbpcm
Rarely does the opportunity arise to secure office/showroom space of this unique character in such a prime location. Situated in the popular Petrie Terrace, this premium space has been recently renovated and features historic exposed brickwork, new flooring and generously high ceilings. With a visually striking professional environment that will be sure to impress both the occupier and their clients, this property will lease soon.
Property History for 5/8 Petrie Tce, Petrie Terrace, QLD 4000
- 03 Apr 2022Sold for $2,200,000
- 07 Jan 2015Listed for Rent - Price not available
- 12 Nov 2009Sold for $1,850,000
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0About 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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