Centrally positioned in the heart of Red Hill, this property presents a host of opportunities for shrewd investors. Featuring a mixed commercial and residential offering, business owners exploring the potential to live and work on the urban fringe could occupy the studio on the lower level or utilise it as a Brisbane home-away-from-home. Alternatively, maximise the return by pursuing the leasing potential of both dwellings separately. Buyers seeking a space for an established business will be securing an investment surrounded by desirable residential property and thriving businesses.
Spread over two functional levels, the current floor plan is ideally suited to a local business owner, seeking an opportunity to live and work from the same premises. The entry level presents a contemporary fit out comprising an open floor plan of approximately 121m2, practical for office space or retail ventures. Servicing the space, an open plan galley style kitchenette features a servery window with bar style seating, ample storage and a dishwasher. Two powder rooms are located at the rear of the entry level.
Benefiting from main arterial accessibility and exposure, this desirable opportunity would be the optimal investment for a prominent commercial venture. Explore options to expand or redevelop (STCA)
The studio on the lower level comprises 27m2 of living space, an adjacent well-appointed all inclusive bathroom and a separate kitchen with cooking facilities and ample storage.
Additional features include:
* Air conditioning
* Elevated balcony access located on the upper level
* Off-street parking for two cars + ample street parking
Showcasing a premier position and potential to maximise mountain views and suburban vista, this venture will attract home buyers seeking an elevated allotment in the heart of Red Hill or shrewd commercial investors seeking premises in a prominent urban fringe location.
Located just 3 kilometres from the CBD, the bus stop located on Musgrave Road is convenient for commuters. Black Rabbit Espresso and Le Coin Bistro are popular with the locals. Other local highlights include the iconic Red Hill Cinema and the Craft Wine Store. Just a short walk to Latrobe Terrace and Suncorp Stadium. Within the school catchments for Petrie Terrace State School & Kelvin Grove State College. Popular choices for private schools include Brisbane Grammar, Girl's Grammar and St Joseph's College (Terrace).
Inspect by appointment or contact Max Hadgelias 0411 276 372 for further information about submitting your interest.
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:
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