Fantastic Opportunity To Enter The Market

AUCTION !! - 22nd August 2026 ONSITE at 3PM
DECEASED ESTATE - MUST BE SOLD

The opportunities to buy an inner-city home at an entry level price are becoming increasingly rare. This wonderful colonial cottage set on 177m2 in a 4000 postcode is your chance to get into the market and be within walking distance of every possible amenity you can imagine

In need of some TLC the home is in a livable condition and as a former rental the property has a surprisingly large internal footprint. Currently vacant the three-bedroom cottage has many original features throughout including VJ walls and lofty ceilings. There is an enclosed verandah accommodating additional internal space for a study/office or as walk in wardrobes for the front two bedrooms. There is a good-sized living room, a large open-plan kitchen space, internal laundry, bathroom, and a separate water closet.

Subject to council approval there is opportunity here to renovate, lift the home and create off street parking or landbank as an investment for future capital growth.

Why Petrie Terrace? simply its unparalleled convenience and community. Apart from there being an ultra-chic coffee shop right next door, almost every other amenity you can think of is on your doorstep. The Barracks shopping, dining and entertainment venues are close by. Caxton street and Suncorp stadium are within a stone's throw. Roma Street Parklands, Cross river rail, Southbank and the CBD itself are all within a leisurely walk. Cross the walk bridge and it's a stroll down to Ithaca swimming pool, the dog and skate parks, YMCA and Tennis courts. For schools, you are close to Brisbane Grammar, Terrace, UQ, QUT, Petrie Terrace State School and Kelvin Grove State College.

And let's not forget the 2032 Brisbane Olympics main venues many of which will be within a short walking distance. Start your due diligence as this rare opportunity is one not to be missed. This home is part of a deceased estate and must be sold, register your interest now.

Please note virtual furniture has been used in some online photos

Explore the area

School catchments

Petrie Terrace State School Primary Prep-6 Government 0.25km
Brisbane Grammar School Combined 5-12 Independent 0.56km
Compass Independent School Combined Prep-7 Independent 0.71km
Brisbane Girls Grammar School - Primary Campus Primary Independent 0.82km
Brisbane Girls Grammar School Secondary 7-12 Independent 0.82km
Queensland Academy for Creative Industries Secondary 10-12 Government 0.95km
IES College Secondary 12 Independent 1.0km
The Industry School - Brisbane Secondary 10-12 Independent 1.2km
Hubbard's School Secondary Independent 1.2km
Hubbard's School Secondary 11-12 Independent 1.2km
Kelvin Grove State College Combined Prep-12 Government 1.3km
St Joseph's College Combined 5-12 Catholic 1.4km
Milton State School Primary Prep-6 Government 1.4km
Brisbane Central State School Primary Prep-6 Government 1.5km
St Joseph's College - Waterford Place Campus Combined Catholic 1.7km
The BUSY School - Brisbane Campus Secondary Independent 1.8km
St James College Combined 5-12 Catholic 1.8km
Indie School, Logan - Brisbane City Campus Secondary Independent 1.9km
Arethusa College - West End Campus Secondary Independent 1.9km
All Hallows' School Combined 5-12 Catholic 2.1km
St George College Primary Independent 2.1km
Angelorum College Combined Prep-10 Independent 2.1km
West End State School Primary Prep-6 Government 2.1km
Ithaca Creek State School Primary Prep-6 Government 2.3km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.