2 Peterson Street, Woolloongabba, Qld 4102

For Sale

2 Peterson Street, Woolloongabba, Qld 4102

House

Type

Bedrooms

Bathrooms

Parkings

539 m²

Area

Last updated on Wednesday, March 25, 2026 ( See property details for 2 Peterson Street, Woolloongabba, Qld 4102)

Auction

Patti Steele - Real Estate Agent - Harcourts Homeside - WOOLLOONGABBA

Patti Steele Principal / Sales Consultant

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A beautifully renovated Queenslander on a rare 550sqm elevated block in Woolloongabba, offering stunning city views, strong rental income, and exceptional redevelopment potential in a high-growth precinct.

🏡 Property Highlights

Elevated position atop prestigious Gabba Hill offering city views
Recently renovated Queenslander with timeless character and modern upgrades
Prime inner-city landholding of 550sqm with redevelopment potential (STCA)
Strong rental income of $1,200 per week with existing tenants in place
Excellent location within walking distance to South Bank, Mater Hospital, and Woolloongabba precinct
Future infrastructure improvements with Cross River Rail enhancing connectivity

✨ Key Features

Open-Plan Living
Balcony
Air Conditioning
Built-in Robes
Outdoor Area
Garage / Secure Parking
Waterfront / Views
Ceiling Fans
Security Screens / Gates
Fly Screens

Suburb and Property Insights of Woolloongabba, QLD 4102

Woolloongabba is a vibrant inner-city suburb renowned for its rich character, excellent dining and lifestyle precincts, and strong infrastructure development. It offers easy access to South Bank, major hospitals, and upcoming transport upgrades like Cross River Rail. The area boasts high demand due to its proximity to the CBD, quality schools, and a diverse community. With ongoing urban renewal and a thriving local scene, Woolloongabba remains a highly sought-after location for both lifestyle and investment. Key points include its walkability, future growth prospects, and premium amenities that attract professionals and families alike.

Frequently Asked Questions

What are the key features of this Queenslander?

This Queenslander features soaring 13ft VJ ceilings, polished pine floorboards, French doors to wraparound verandahs, decorative fretwork, coloured glass, ducted air-conditioning, and a modern designer kitchen with stone benchtops and gas cooking.

Is the property suitable for future redevelopment?

Yes, the 550sqm level landholding offers strong potential for redevelopment or enhancement, subject to STCA approvals.

What is the current rental income and lease terms?

The property is leased at $1,200 per week ($62,400 annually) on a 12-month agreement, with tenants wishing to stay on if possible.

What are the benefits of the location?

Located within walking distance to South Bank, Mater Hospital, and Woolloongabba dining precinct, with excellent school catchments and upcoming infrastructure projects like Cross River Rail enhancing connectivity.

What are the notable interior features?

The interior boasts high ceilings, polished pine floors, decorative fretwork, coloured glass, and ducted air-conditioning throughout, creating a blend of character and comfort.

What to ask about this property to agent?

Are there any restrictions or easements on the property that could affect redevelopment plans? Has the property been inspected for structural issues or defects, especially given its age and renovations? Are there any upcoming planning or zoning changes in Woolloongabba that could impact property value? What are the total costs involved in maintaining or upgrading the property, including council rates and strata fees if applicable? Is there any history of flooding or bushfire risk in this area that buyers should be aware of? Are there any existing or planned nearby construction activities that could cause noise or disruption? What are the legal height requirements for the lower level, and does it meet current building codes? Are there any restrictions on future subdivision or redevelopment of the land? What are the terms of the current lease, and is there a possibility of lease renewal or extension? Are there any additional costs or fees associated with the property's infrastructure or land use?

2 Peterson Street, Woolloongabba, Qld 4102 - More Details

Auction

Type: House
Bedrooms: 2
Bathrooms: 2
Parkings: 2
Area: 539 m²

2 Peterson Street, Woolloongabba, Qld 4102 - Point Of Interest

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Your Commute at a Glance: 2 Peterson Street, Woolloongabba, Qld 4102

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Patti Steele

2 Peterson Street, Woolloongabba, Qld 4102

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