Perfectly positioned in a high-demand Petrie pocket, 16/17 Armstrong Street presents an outstanding opportunity for all savvy investors and potential owner occupiers. Combining low-maintenance living with a rare oversized private courtyard, this property delivers lifestyle appeal today while being strategically positioned for strong future growth.
With close proximity to respected private schools, public transport and key infrastructure, this is a location that continues to attract quality tenants and long-term buyers. Add to that Petrie's inclusion in a growth corridor set to benefit from major infrastructure investment and the flow-on impact of the Brisbane 2032 Olympics, and the investment credentials are clear.
Main Property Features
- Longer term tenants with long term lease in place
- 3 bedrooms with built in wardrobes
- Ceiling fans throughout
- Air-conditioning
- Spacious private courtyard
- Well-designed, low-maintenance layout
- Strong rental appeal in a tightly held complex
Location Highlights
-Minutes to highly regarded private and public schools
-Easy access to Petrie Train Station and public transport
-Close to local shops, cafes and everyday amenities
- Positioned within a key growth corridor benefiting from infrastructure upgrades and Olympic legacy investment
Tenancy Details
- Long term tenants that have resided in the complex for 13 years
- Long lease in place ensuring continued income (exp Sept 2027)
- Current Rent $490/wk with increase to $550/wk Sept 2026
- Current rental appraisal: $580 - $600 per week
The Financials
Rates: $584/qtr approx
BC Levies: $103/wk approx
Whether you're looking to secure a quality home with outdoor space or add a future-focused investment to your portfolio, 16/17 Armstrong Street, Petrie offers the perfect balance of lifestyle, location and long-term potential.
Contact the Kristen Klaus Team today for more information or to arrange your inspection.
