OFF MARKET

89 Caxton Street
Petrie Terrace QLD 4000

Bedrooms: 14
Bathrooms: 5
Car spaces: 3
Land area: 438m2
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Property Details for 89 Caxton St, Petrie Terrace

89 Caxton St, Petrie Terrace is a 14 bedroom, 5 bathroom House with 3 parking spaces. The property has a land size of 438m2. While the property is not currently for sale or for rent, it was last sold in March 2001.

Building Type
House
Land Size
438m2
Local Government
Brisbane
Lot/Plan
13/RP10661

Last Listing description (October 2016)

A great land bank opportunity four houses owned by one family are on the market and to be sold.
High profile location and the link between the bustling food and retail precinct of Paddington and the emerging inner-city suburb of Petrie Terrace.
The properties are currently located within the character (in fill housing) zone and the detached house precinct of Petrie Terrace and Spring Hill neighbourhood plan. The potential and future for the properties may evolve under the Draft City West Renewal Strategy , still yet to be incorporated into the planning scheme expected in 2017.

The homes, Character by nature provide a passing income of $2,000 per. week (approx.). The floor plans mirror the traditional workers cottages of the turn of the previous century.
The site 1655m2 in total (to be sold in one line) benefits from access from Cricket Street via a rear laneway (easement).
Assets of this calibre on the doorstep of the CBD with future opportunity represent a parcel not to be missed.
To be sold by Expressions of Interest closing on Friday 5th August @ 5pm (If not sold prior).
Your inspection is invited call today for viewing times.
Contact today for an inspection!
CONTACT
Leo Gurney - Leo Gurney Real Estate
0418 730 376 - leo@leogurney.com.au
George Hadgelias - Ray White Paddington
0403 062 062 - George.hadgelias@raywhite.com

Property History for 89 Caxton St, Petrie Terrace, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$80,000
30 Mar 2001
Listed for Rent
$650/w
28 Jun 2013
  • 12 Jul 2016
    Listed for Sale FOR SALE
  • 03 May 2013
    Listed for Rent - Price not available
  • 30 Mar 2001
    Sold for $80,000
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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.

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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.