219 Hale Street
Petrie Terrace, QLD 4000

Overview

A Potential Property Goldmine

The opportunity to purchase an inner-city home at an entry-level price is becoming increasingly rare. This charming colonial cottage, situated on a 177 square meter block in the 4000 postcode, offers a unique chance to enter the market while being within walking distance of a wide range of amenities.

Although the home requires some tender loving care, it remains in a livable condition. Previously used as a rental property, it boasts a surprisingly spacious internal footprint. The three-bedroom cottage retains many original features, including vertical joint (VJ) walls and lofty ceilings, which add character and charm.

An enclosed verandah provides additional internal space that can be utilized as a study or office, or alternatively, as walk-in wardrobes for the front two bedrooms. The property also includes a generously sized living room, a large open-plan kitchen area, an internal laundry, a bathroom, and a separate water closet.

With council approval, there is potential to renovate and lift the home, creating off-street parking or alternatively, to hold the property as an investment for future capital growth.

Petrie Terrace is renowned for its unparalleled convenience and strong sense of community. An ultra-chic coffee shop is located right next door, and nearly every other amenity imaginable is within easy reach. The Barracks shopping, dining, and entertainment precincts are nearby, while Caxton Street and Suncorp Stadium are just a short distance away. The property is also within walking distance of Roma Street Parklands, Cross River Rail, Southbank, and the Brisbane CBD.

Crossing the nearby walk bridge leads to Ithaca Swimming Pool, dog and skate parks, YMCA, and tennis courts. Educational institutions close by include Brisbane Grammar School, Brisbane State High School, University of Queensland (UQ), Queensland University of Technology (QUT), Petrie Terrace State School, and Kelvin Grove State College.

Additionally, many of the main venues for the 2032 Brisbane Olympics will be within walking distance, enhancing the property's appeal. This rare opportunity is not to be missed, and interested parties are encouraged to commence their due diligence promptly.

Please note that some online photos have been virtually furnished to illustrate the potential of the property.

Location