55 Menzies StreetPetrie Terrace QLD 4000
Property Details for 55 Menzies St, Petrie Terrace
55 Menzies St, Petrie Terrace is a 7 bedroom, 5 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 228m2 and floor size of 235m2. While the property is not currently for sale or for rent, it was last sold in May 1997.
Last Listing description (July 2024)
Nestled in a sought after neighbourhood surrounded by character homes on the doorstop of Brisbane City, this dual occupancy residence has a current total return of $1,650.00 per week and will attract astute buyers seeking a sound investment or an urban home with secondary income potential.
The upper floor has undergone a renovation comprising modern conveniences, while maintaining the character features and architectural integrity of the original home. Entry from the front verandah through the central hallway reveals sash windows, leadlight french doors, dado rails, tongue and groove walls and ceilings displayed in a classic, monochromatic colour palette throughout.
The separate lounge is positioned in the middle of the home, adjacent to a dining room with adjoining kitchen. Two tone cabinetry with dark grey contrasting base cabinets and sleek, white overhead cabinetry showcase appliances including under bench oven, induction cooktop, built-in microwave and dishwasher. The kitchen opens out to the covered alfresco entertaining space making entertaining a breeze.
Four bedrooms border the living space, two feature built-in robes and private ensuite bathrooms. The additional bedrooms are serviced by a bathroom located at the rear of the dwelling featuring a shower over bath.
The lower floor showcases a contemporary style featuring expansive open plan living spanning the width of the dwelling. Large format ceramic tiles and Bifold doors extend the living space to a private courtyard at the rear of the home, offering privacy and seclusion with a lush, green outlook of subtropical mature screening trees. A covered patio at the end of the courtyard is perfect for alfresco entertaining. The sleek, L shaped kitchen adjoins the living space featuring white, high gloss cabinetry, Ilve appliances including under bench oven, built-in microwave, induction cooktop and dishwasher.
The spacious master bedroom includes a walk-in robe and impressive ensuite featuring a wall-hung vanity with twin basins and a walk-in shower. Two additional bedrooms are serviced by a large, modern bathroom featuring large format floor to ceiling tiling, wall hung vanity, spacious shower complete with rainhead.
Additional Features include
- Split system air conditioning
- Ceiling fans throughout
- Tandem car accommodation
In the current market, demand is high and quality properties in desirable locations are sought after. Recently renovated with tenants in place, this opportunity presents demonstrated and immediate earning potential.
Located just 2 kilometres from the CBD, Roma Street Station is a 10 minute walk and the busway located on Caxton Street is a convenient transport option. Scout Cafe, Black Hide Steakhouse & Gambaro Seafood Restaurant are popular with the locals. Other local highlights include The Barracks shopping precinct and cinema. Within the school catchments for Petrie Terrace State School & Kelvin Grove State College. Popular choices for private schools include Brisbane Grammar, Girl's Grammar and St Joseph's College (Terrace).
Inspect by appointment or contact Max Hadgelias 0411 276 372 for further information about submitting your expression of interest.
Property History for 55 Menzies St, Petrie Terrace, QLD 4000
- 02 Feb 2024Listed for Sale For Sale
- 14 Nov 2022Listed for Rent $800 / week
- 26 Feb 2019Listed for Rent $740 / week
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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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