140 Musgrave RoadRed Hill QLD 4059
Property Details for 140 Musgrave Rd, Red Hill
140 Musgrave Rd, Red Hill is a 14 bedroom, 8 bathroom Unit with 8 parking spaces. The property has a land size of 810m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Last Listing description (September 2025)
Discover a rare investment opportunity in Red Hill, an inner-northern Brisbane suburb that offers peaceful suburban living just moments from the CBD.Situated on an elevated 810sqm corner block with dual street frontage, this three-storey residential complex features 8 well-appointed apartments, offering a mix of one- and two-bedroom layouts, all with sweeping views over Paddington, Bardon, and beyond. Each apartment includes a functional kitchen, stylish bathroom, and a secure lock-up garage with easy access from Balmain Terrace. With several apartments already tenanted, this 'rent-ready' property guarantees immediate rental income, making it the perfect investment opportunity for the savvy buyer.Ideally located, the property benefits from frequent bus services along Musgrave Road and is within walking distance of Paddington's vibrant retail and dining precinct, Suncorp Stadium, QUT Kelvin Grove, parks, and cafes. Key Features:- 810sqm with dual street frontage- 8 well-designed apartments with spacious bedrooms and functional kitchens- Lock-up garages- Zoned LMR2- Close proximity to cafes, parks, public transport, QUT Campus, and everyday conveniences- Moments from Paddington, Suncorp Stadium, Kelvin Grove Urban Village, and easy access to the CBD. With Brisbane's property market surging, the 2032 Olympics approaching, and increasing interstate and overseas migration, this property is a prime opportunity for future capital growth. Don't miss out on this unique investment!
Property History for 140 Musgrave Rd, Red Hill, QLD 4059
- 04 Nov 2024Sold for $3,770,000
- 09 Oct 2024Listed for Sale Under Contract
- 16 Jun 2022Listed for Sale For Sale
Recent sales nearby
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0About 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 2,827 properties. Over the last 5 years, Houses in Red Hill have seen a 76.20% increase in median value, while Units have seen a 118.94% increase. As at 31 October 2025:
- The median value for Houses in Red Hill is $1,696,120 while the median value for Units is $930,510.
- Houses have a median rent of $750 while Units have a median rent of $590.
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