17 Scott StreetRed Hill QLD 4059
Property Details for 17 Scott St, Red Hill
17 Scott St, Red Hill is a 8 bedroom, 5 bathroom House with 6 parking spaces. The property has a land size of 744m2. While the property is not currently for sale or for rent, it was last sold in March 2025.
Last Listing description (March 2026)
Phone Enquiry ID: 234815
Prime Inner-City Development Opportunity Dual Blocks, Strong Holding Income and potential Dual street Frontage
An exceptional opportunity to secure a rare landholding with immediate income and outstanding future development potential. Spanning two titles with a combined land area of approximately 759m and 26.5 metres of frontage, this unique property presents multiple pathways for investors, developers, and land bankers alike.
Currently configured as a complex of six units, the property generates over $135,000 per annum in rental income, providing strong holding returns while future plans are realised.
Key Features
759m total land area across two separate blocks
26.5 metres of combined street frontage
Six-unit complex
Returning over $135,000 per annum
Demolition approval already in place
Ideal development, land banking, or value-add opportunity
Rare scale for inner-city redevelopment
Additional Opportunity Rear Character Home
Positioned on a separate 362m title, the charming character home at the rear is currently configured as three self-contained units. This property can be purchased separately for $1.7 million, presenting further income or development potential.
Combined, the holdings create well over a quarter acre of prime development land with dual street access, an increasingly rare offering in tightly held locations.
Investment Highlights
Immediate high-yield income stream
Approved demolition reduces development lead time
Flexible acquisition options: purchase the six-unit complex alone or secure the entire assemblage
Significant upside through redevelopment or reconfiguration
Opportunities of this scale, with income, approvals, and dual street frontage, are rarely available.
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Property History for 17 Scott St, Red Hill, QLD 4059
- 10 Mar 2026Listed for Sale $3,900,000
- 13 Mar 2025Sold for $1,700,000
- 28 Jan 2025Listed for Sale Contact Agent
Recent sales nearby
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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 2,828 properties. Over the last 5 years, Houses in Red Hill have seen a 70.05% increase in median value, while Units have seen a 116.55% increase. As at 28 February 2026:
- The median value for Houses in Red Hill is $1,795,928 while the median value for Units is $994,009.
- Houses have a median rent of $750 while Units have a median rent of $550.
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