3 Montpelier Road, Bowen Hills, QLD 4006 | Commercial for sale | OnTheHouse
FOR SALE
For Sale

3 Montpelier Road
Bowen Hills QLD 4006

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3397m2
Land area: 5141m2
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Trophy Newstead 5,141m²* Corner Landholding

Ray White Special Projects (QLD), Ray White Retail and MP Commercial are proud to present 3 Montpelier Road, Newstead.
1. Location
• A rare opportunity to acquire a premium Newstead landholding
• Prominent 5,141sqm* corner site with exposure to over 400,000 vehicles weekly
• Positioned at the strategic meeting point of Newstead, Fortitude Valley and Bowen Hills, three of Brisbane's most tightly held inner-city precincts
• Newstead is Brisbane's preeminent luxury apartment market, with prices exceeding $2 million as supply continues to be constrained
2. Develop
• Demolition clauses in all leases, allowing development to commence after 12 months
• MU1 Mixed-Use Zoning
• Currently zoned for 5-storey development, with council acknowledging that additional building height on the site may be supported through a performance-based planning outcome
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Property Details for 3 Montpelier Rd, Bowen Hills

Building Type
Commercial
Floor Size
3397m2
Land Size
5141m2
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About Bowen Hills 4006

The size of Bowen Hills is approximately 1.7 square kilometres. There are 2 parks, covering nearly 4.2% of the total area. The population of Bowen Hills in 2016 was 3226 people. By 2021 the population was 4898 showing a population growth of 51.8% in the area during that time. The predominant age group in Bowen Hills is 20-29 years. Households in Bowen Hills are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bowen Hills work in a professional occupation.In 2021, 16.20% of the homes in Bowen Hills were owner-occupied compared with 17.50% in 2016.

Bowen Hills has 4,166 properties. Over the last 5 years, Houses in Bowen Hills have seen a -7.74% decrease in median value, while Units have seen a 92.19% increase. As at 31 July 2026:

  • The median value for Houses in Bowen Hills is $1,368,950 while the median value for Units is $792,315.
  • Houses have a median rent of $700 while Units have a median rent of $680.
There are currently 42 properties listed for sale, and 36 properties listed for rent in Bowen hills on OnTheHouse. According to Cotality's data, 246 properties were sold in the past 12 months in Bowen hills.

Suburb Insights for Bowen Hills 4006

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Mark Creevey
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Tony Williams
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RW Special Projects Queensland
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.