For Sale
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55 Menzies Street, Petrie Terrace QLD 4000

House
753
Block size: 228 m² approx.

Invest on the City's Doorstep

Nestled in a sought after neighbourhood surrounded by character homes on the doorstop of Brisbane City, this dual occupancy residence has a current total return of $1,650.00 per week and will attract astute buyers seeking a sound investment or an urban home with secondary income potential.

The upper floor has undergone a renovation comprising modern conveniences, while maintaining the character features and architectural integrity of the original home. Entry from the front verandah through the central hallway reveals sash windows, leadlight french doors, dado rails, tongue and groove walls and ceilings displayed in a classic, monochromatic colour palette throughout.

The separate lounge is positioned in the middle of the home, adjacent to a dining room with adjoining kitchen. Two tone cabinetry with dark grey contrasting base cabinets and sleek, white overhead cabinetry showcase appliances including under bench oven, induction cooktop, built-in microwave and dishwasher. The kitchen opens out to the covered alfresco entertaining space making entertaining a breeze.

Four bedrooms border the living space, two feature built-in robes and private ensuite bathrooms. The additional bedrooms are serviced by a bathroom located at the rear of the dwelling featuring a shower over bath.

The lower floor showcases a contemporary style featuring expansive open plan living spanning the width of the dwelling. Large format ceramic tiles and Bifold doors extend the living space to a private courtyard at the rear of the home, offering privacy and seclusion with a lush, green outlook of subtropical mature screening trees. A covered patio at the end of the courtyard is perfect for alfresco entertaining. The sleek, L shaped kitchen adjoins the living space featuring white, high gloss cabinetry, Ilve appliances including under bench oven, built-in microwave, induction cooktop and dishwasher.

The spacious master bedroom includes a walk-in robe and impressive ensuite featuring a wall-hung vanity with twin basins and a walk-in shower. Two additional bedrooms are serviced by a large, modern bathroom featuring large format floor to ceiling tiling, wall hung vanity, spacious shower complete with rainhead.

Additional Features include
• Split system air conditioning
• Ceiling fans throughout
• Tandem car accommodation

In the current market, demand is high and quality properties in desirable locations are sought after. Recently renovated with tenants in place, this opportunity presents demonstrated and immediate earning potential.

Located just 2 kilometres from the CBD, Roma Street Station is a 10 minute walk and the busway located on Caxton Street is a convenient transport option. Scout Cafe, Black Hide Steakhouse & Gambaro Seafood Restaurant are popular with the locals. Other local highlights include The Barracks shopping precinct and cinema. Within the school catchments for Petrie Terrace State School & Kelvin Grove State College. Popular choices for private schools include Brisbane Grammar, Girl's Grammar and St Joseph's College (Terrace).

Inspect by appointment or contact Max Hadgelias 0411 276 372 for further information about submitting your expression of interest.

Inspections

Saturday, 27 Apr1:00pm - 1:30pm
Can't inspect in person?

Contact Max Hadgelias to enquire about this property including alternatives to in-person inspections.

Key details

Bedrooms:
7
Bathrooms:
5
Garage Spaces:
3
Property type:
House
Block Size:
228 *

Other Details

Lot:
6
Plan Type:
RP
Plan:
10666
Legal description:
6/RP10666
Ray White Paddington
Next Inspection:

Maps and area information

Block information
Block size: 228 (approx)
Legal description: 6/RP10666
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

We couldn't find any history for this property.
See Petrie Terrace's suburb profile

Petrie Terrace suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
31 years
Population
1,168
Listing ID: 182267355. This listing has been viewed 21 times. It was first displayed on 02/02/2024 and last updated on 25/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.