Sold
40 Princess Street, Petrie Terrace QLD 4000
Price Undisclosed
- 2 Bed
- 1 Bath
- 0 Car
House Sold on Sun 9 Apr, 2017
House description
“It's all about the Location!”
Located on the city side of Petrie Terrace this quaint 19th century workers cottage is perfectly situated to take advantage of all that Petrie Terrace has to offer. A short walk and you are in the restaurant precinct of Caxton Street or The Barracks, Roma Street Gardens, Roma Street Station, Suncorp or even in the CBD.
Enjoying a Northerly aspect, the compact home offers stunning views from the front step over the district. Inside are two bedrooms, living room, kitchen/dining, enclosed laundry as well as storage/office areas within the enclosed veranda. Underneath the property there is further storage space.
One of the first homes built in Petrie Terrace, the workers cottage's best days have long since gone and the home is now ripe for an extensive makeover (STCA). With the front of the property almost at street level, the rear of the property is left with a sizable level backyard for inner city living which will allow for development. This property really is a blank canvas to build your dream home in a location that is hard to come by.
This property is not to missed, the inner west Brisbane market is extremely strong and offers the builder/renovator, first home buyer, investor or anyone looking to break into the inner city property market a solid investment with strong capital growth expected over the longer term.
After over thirty years in residence the seller has decided it is time to move on. Don't miss this opportunity to enter the market in Petrie Terrace at a bargain level.
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Nicholas Hall
Ray White - Paddington (Qld)
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