3 Montpelier RoadBowen Hills QLD 4006
Property Details for 3 Montpelier Rd, Bowen Hills
Last Listing description (July 2026)
Ray White Retail, MP Commercial and Ray White Special Projects (QLD) are proud to present 3 Montpelier Road, Newstead. For sale by Expressions of Interest closing Thursday 21st May at 2pm (AEST).
1. Invest
• Existing 3,397sqm* fully leased LFR centre with national brands including Beaumont Tiles & Highgrove Bathrooms
• Current Net Income of $1,272,936 + GST p.a.
• 34 On-Site Car Parks
2. 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
3. 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
• Ongoing redevelopment of the neighbouring precincts demonstrates a clear trend toward increased density and height within the broader inner-city corridor
Property History for 3 Montpelier Rd, Bowen Hills, QLD 4006
- 06 Jul 2026Sold
- 20 Apr 2026Listed for Sale EOI Closing Thursday 21st May 2pm (AEST)
- 12 Jul 2018Listed for Rent - Price not available
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0About 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 4,155 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.
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