38 Colville Street, Highgate Hill, QLD 4101 sold on 31 July 2025 | OnTheHouse
SOLD
Sold on 31 Jul 2025 for $3,500,000

38 Colville Street
Highgate Hill QLD 4101

Bedrooms: -
Bathrooms: -
Car spaces: 6
Land area: 814m2
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Property Details for 38 Colville St, Highgate Hill

Building Type
Commercial
Land Size
814m2
Local Government
Brisbane
Lot/Plan
1/RP118500

Last Listing description (July 2025)

814m* elevated development site with outstanding views looking north toward the CBD
Cavity Brick construction residential accommodation complex
Positioned only 2km* from the CBD with bus and ferry nearby

Previous Rental Return of $176,232.42 (Plus GST & Outgoings) with further Land Tax Exemption under Level 3 accreditation
Currently configured as a 21 bedroom Level 3 Residential Service Facility, which is registered for a total of 31 people
Offered to the market with Vacant Possession, providing the opportunity for groups to lease out, reposition or demolish & develop
Development Approval for a 4 x bedroom, 2 ensuite extension to the current building
29.4m* of direct street frontage with multiple existing crossovers
Large scale commercial kitchen including grease trap
Four undercover car parks
Renovated throughout and concrete tile roof in excellent condition
Spacious rear communal external area
Positioned within the Brisbane State High School Catchment
Close proximity to University of Queensland, walk to Hardgrave Road & Boundary Streets restaurants, cafes & bars as well as South Bank Parklands & Performing Arts Precinct
Mater, PA and Qld Children's Hospitals in close proximity as well as Griffith University and TAFE

For further information, please contact the Ray White Special Projects Qld Marketing Agents.

*Approximately

Property History for 38 Colville St, Highgate Hill, QLD 4101

A timeline of how this property has performed in the market
Last Sold
$3,500,000
31 Jul 2025
  • 31 Jul 2025
    Sold for $3,500,000
  • 12 May 2025
    Listed for Sale For Sale: $3,550,000
  • 19 Apr 2024
    Listed for Sale For Sale
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About Highgate Hill 4101

The size of Highgate Hill is approximately 1.3 square kilometres. It has 5 parks covering nearly 1.8% of total area. The population of Highgate Hill in 2016 was 6194 people. By 2021 the population was 6229 showing a population growth of 0.6% in the area during that time. The predominant age group in Highgate Hill is 20-29 years. Households in Highgate Hill are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Highgate Hill work in a professional occupation.In 2021, 47.10% of the homes in Highgate Hill were owner-occupied compared with 43.00% in 2016.

Highgate Hill has 3,182 properties. Over the last 5 years, Houses in Highgate Hill have seen a 81.64% increase in median value, while Units have seen a 75.30% increase. As at 31 December 2025:

  • The median value for Houses in Highgate Hill is $2,127,995 while the median value for Units is $972,268.
  • Houses have a median rent of $640 while Units have a median rent of $560.
There are currently 30 properties listed for sale, and 17 properties listed for rent in Highgate hill on OnTheHouse. According to Cotality's data, 94 properties were sold in the past 12 months in Highgate hill.

Suburb Insights for Highgate Hill 4101

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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.