Unit 1,2,3/24 Young Street, Petrie QLD 4502

Not often does a beauty like this come to market! A rare 2069msq property package with size, position & development potential, not to mention fantastic earning potential!

Currently, the property consists of 3 x 2-bedroom units, each earning rental income from $310 to $330 per week. The units are comfortable and ready to live-in or lease out while planning the future development. Each air conditioned unit features two bedrooms, an open planned kitchen, living and dining, bathroom and shared built in garage. They have been newly renovated and are presented in fantastic condition.

The site is prominently located in an area undergoing rapid urban renewal and is part of the Queensland state priority development area named "The Mill". This zone is planned to be transformed into a vibrant urban community, with Petrie town centre and the new University of the Sunshine Coast campus at its hub, along with a focus on large tech multinationals and telecommunication businesses. Once complete with shopping centres, cafe's, restaurants and The Mill at Moreton Bay Water Park and Play Space, this community will no doubt attract an abundance of families and students to this urban wonderland

800m to Petrie Station
20 mins by express train to Brisbane CBD
1.1km to University of Sunshine Coast Petrie Campus
470m to Petrie State School
3.5km to Pine Rivers State High School

Quarterly Rates: $1,250
Quarterly Water: $ 800

Contact Michele for more information