13/152 Musgrave RoadRed Hill QLD 4059
Property Details for 13/152 Musgrave Rd, Red Hill
Last Listing description (December 2018)
Colliers International are pleased to present Lots 11, 12 & 13, 152 Musgrave Road, Red Hill for sale.
152 Musgrave Road represents a secure, premium investment opportunity tenanted by Allsports Physiotherapy & Sports Medicine, an entity of ASX listed Healthia (ASX:HLA) on a new 7-year lease.
The opportunity offers 3 combined strata suites in a highly frequented and popular neighbourhood centre tenanted by supporting allied health users, bakery, 7-11 and ample on-site car parking.
- New 7-year lease with two further terms of 5 years
- ASX listed national covenant
- Net income of $93,925* per annum (excl GST)
- Long-standing and established practice
- Combined NLA of 289m *
- Tenant pays 100% of outgoings
- Annual rent reviews by 4%
- 5 allocated car parks
- Located in affluent Red Hill, minutes from CBD
For further information or to arrange an inspection, please contact the exclusive marketing agents at Colliers International.
*Approx.
Property History for 13/152 Musgrave Rd, Red Hill, QLD 4059
- 29 Nov 2018Sold for $280,000
- 04 Oct 2018Listed for Sale Not Disclosed
- 08 Feb 2014Transferred for $510,000
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About Red Hill 4059
The size of Red Hill is approximately 140.9 square kilometres. It has 7 parks covering nearly 0.3% of total area. The population of Red Hill in 2016 was 5560 people. By 2021 the population was 5834 showing a population growth of 4.9% in the area during that time. The predominant age group in Red Hill is 20-29 years. Households in Red Hill are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Red Hill work in a professional occupation.In 2021, 52.10% of the homes in Red Hill were owner-occupied compared with 50.50% in 2016.
Red Hill has 2,826 properties. Over the last 5 years, Houses in Red Hill have seen a 79.53% increase in median value, while Units have seen a 111.34% increase. As at 31 December 2025:
- The median value for Houses in Red Hill is $1,743,661 while the median value for Units is $924,088.
- Houses have a median rent of $750 while Units have a median rent of $588.
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