SOLD
Sold on 19 Jul 2024 for $675,000

1/168 Musgrave Road
Red Hill QLD 4059

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 103m2
Land area: 120m2
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Property Details for 1/168 Musgrave Rd, Red Hill

1/168 Musgrave Rd, Red Hill is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 120m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Unit sold in Red Hill in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
103m2
Land Size
120m2
Local Government
Brisbane
Lot/Plan
1/BUP105405

Last Listing description (August 2017)

Have a look at the front photo and you can see how close to the Brisbane CBD this unit sits. Location Location Location with three bedrooms and a magnificent view. Whether you buy this top floor unit for an investment or to live in, its a fantastic property to own.
1 / 168 Musgrave Rd is an absolutely unique unit boasting views from two of the three bedrooms, the lounge room and even the shower! Although Musgrave Road is a busy road close to public transport and shops; this unit is at the back of the building and quite protected. There is a balcony off the master room straight from a chapter in a Mills & Boons book! Did I mention the walk through veranda that takes you to Musgrave Rd and straight to a Thai Shop, Massage parlour or fish & chips if you wish.
Thought: Why not turn the Sunroom into an office / study room. Everyday you wake up to Mount Cootha whilst every evening you fall asleep amid the sparkling city skyline. Daytime dreams meet midnight diamonds - why would you want to live anywhere else?

This top level unit boasts:
3 bedrooms - (2 x Large and 1 x medium sized rooms)
2 x bedrooms with stunning city & mountain views
Renovated kitchen with mountain views
Shower with views
Separate toilet
Sunroom with magnificent views (could use as an office / study)
Balcony off main bedroom
Exclusive use of side balcony
Dual entrance
124.8m2 in total
Location:
3km from Brisbane CBD
2km to Roma Street
1,4km from Suncorp Stadium
700m to Kelvin Grove Primary School
800m to Kelvin Grove High School
10m from Thai Restaurant, Indian Restaurant
50m from 7/11 and Fish & chips
100m from Bus stops 373, 378, 379, 380, 381, 384 & 392.
Current 12-month lease at $410 per week until May 2018.
Potential to use roof space as an attic subject to body corp approval
Approx. $100 per week body corp with over $90,000 in sinking fund.
For a private inspection call Matty Bell on 0424 730 828.

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Property History for 1/168 Musgrave Rd, Red Hill, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$675,000
19 Jul 2024
Listed for Rent
$400/w
03 May 2017
  • 19 Jul 2024
    Sold for $675,000
  • 02 Sep 2021
    Sold for $470,000
  • 13 Apr 2017
    Listed for Rent $400 / week
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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 2011 was 5,546 people. By 2016 the population was 5,565 showing a population growth of 0.3% in the area during that time. The predominant age group in Red Hill is 20-29 years. Households in Red Hill are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Red Hill work in a professional occupation. In 2011, 50.6% of the homes in Red Hill were owner-occupied compared with 50.5% in 2016.

Red Hill has 2,831 properties. Over the last 5 years, Houses in Red Hill have seen a 78.48% increase in median value, while Units have seen a 46.24% increase. As at 30 November 2024:

  • The median value for Houses in Red Hill is $1,631,477 while the median value for Units is $722,136.
  • Houses have a median rent of $720 while Units have a median rent of $500.
There are currently 13 properties listed for sale, and 18 properties listed for rent in Red hill on OnTheHouse. According to CoreLogic's data, 124 properties were sold in the past 12 months in Red hill.

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