141 Musgrave Road, Red Hill, QLD 4059 | Property Value & History | OnTheHouse
OFF MARKET

141 Musgrave Road
Red Hill QLD 4059

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 250m2
Land area: 862m2
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Property Details for 141 Musgrave Rd, Red Hill

Building Type
Commercial
Floor Size
250m2
Land Size
862m2
Local Government
Brisbane
Lot/Plan
1/RP134892

Last Listing description (October 2023)

Elders Commercial Brisbane are pleased to present to the market for lease this prime ground floor opportunity at 141 Musgrave Road, Red Hill. The property presents as 200m2 of retail/showroom/office fronting onto the busy Musgrave Road, with clear open plan space, air-conditioning throughout and a full glass shopfront. The property is ideally located within walking distance of public transport and amenities, with fantastic connectivity to the whole of Brisbane and the CBD!

Key features of the property include:

- 200m2 open plan retail/showroom/office

- Seven (7) on site car parks
- Full glass shopfront
- Excellent signage and exposure to Musgrave Road
- Walking distance to public transport and amenities

For more information or to arrange an inspection, please contact your Exclusive Elders Commercial Agents!

Property History for 141 Musgrave Rd, Red Hill, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$1,300,000
05 May 2017
Listed for Rent
$60k/w
24 Oct 2023
  • 16 Jun 2022
    Listed for Rent - Price not available
  • 30 Jun 2020
    Listed for Rent $79,800 / year
  • 09 Apr 2019
    Listed for Rent $50,000 / year
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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.
There are currently 9 properties listed for sale, and 5 properties listed for rent in Red hill on OnTheHouse. According to Cotality's data, 111 properties were sold in the past 12 months in Red hill.

Suburb Insights for Red Hill 4059

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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.