116 Petersen Street, Freshwater QLD 4870

116 Petersen Street is a 4-bedroom, 2-bathroom, multi-level house on an 865m² elevated lot with 3 car spaces and 186m² of internal living area. Its multi-level configuration is typical for the elevated terrain of Freshwater, where such designs maximise outlook and space. The property’s primary competitive strength is its substantial 865m² lot in a leafy, elevated suburb where larger blocks are increasingly rare. This generous land area, combined with the multi-level layout and tranquil aspect, creates a sense of space and privacy that is difficult to find in newer developments. The house is positioned to serve families seeking a peaceful, established residential setting with room to grow, as the lot size offers potential for future renovation or extension. Its elevated position further enhances the property’s appeal by providing natural breezes and a sense of retreat, making it a standout option for buyers prioritising land and lifestyle over immediate move-in condition. The property’s value may be influenced by its multi-level design, which could present accessibility challenges for some buyers, such as those with mobility concerns or young children. The building’s age is not specified, so the condition of key structural elements like roofing, plumbing, and electrical systems should be verified through inspection, as these could affect ongoing maintenance costs. The significant price increase from its 2023 sale suggests strong market appreciation in the area, but buyers should consider whether the current listing reflects genuine value or market optimism. The finishes are not detailed in available data, meaning the interior quality might be a negotiating point if it requires updating. Any future development in the surrounding neighbourhood could also impact the property’s tranquil character, so zoning and local planning activity are worth investigating.