16/17 Armstrong St, Petrie is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces. The property has a land size of 130m2 and floor size of 195m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 3 bedroom Townhouse sold in Petrie in the last 12 months.
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
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.
The size of Petrie is approximately 6.6 square kilometres. It has 32 parks covering nearly 17.5% of total area. The population of Petrie in 2016 was 8674 people. By 2021 the population was 8722 showing a population growth of 0.6% in the area during that time. The predominant age group in Petrie is 40-49 years. Households in Petrie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Petrie work in a professional occupation.In 2021, 68.60% of the homes in Petrie were owner-occupied compared with 71.90% in 2016.
Petrie has 3,644 properties. Over the last 5 years, Houses in Petrie have seen a 105.96% increase in median value, while Units have seen a 155.30% increase. As at 30 April 2026:
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