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Sold on 02 Sep 2024 for $452,000

11/109 Musgrave Road
Red Hill QLD 4059

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 11/109 Musgrave Rd, Red Hill

11/109 Musgrave Rd, Red Hill is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Apartment sold in Red Hill in the last 12 months.

Building Type
Apartment

Last Listing description (September 2024)

Nestled in the heart of Red Hill, this 1 bedroom 1 bathroom apartment offers a unique blend of timeless elegance and modern convenience, perfect for those who appreciate the charm of a bygone era while enjoying the benefits of contemporary living.

Living in this heritage-listed building immerses you in a rich historical atmosphere while preserving the timeless character and architectural integrity for future generations. The moment you step inside, you'll be enchanted by the Mediterranean-inspired Art Deco design, highlighted by high ceilings, and polished timber floors that flow throughout the living spaces and bedroom. Double-hung windows bathe the interiors in natural sunlight and invite refreshing breezes, creating a warm and welcoming ambiance.

The generous bedroom is thoughtfully designed to maximize space, featuring floor-to-ceiling built-in cabinetry. The kitchen is tiled with 4 burner cooker & gas oven, and connects to the second balcony access. The spacious living room continues the charm with a bay window and additional built-in cabinetry. The updated bathroom cleverly incorporates laundry space, and a single designated car space with dual building access ensures convenience.

Full of Brisbane's rich history, according to the Brisbane City Council's heritage register this Mediterranean style block of shops and flats was constructed circa 1940 and initially housed a boot and shoe factory. Built using demolition material from the original Brisbane City Town Hall, well known Hutchinson's Builders recycled the materials at such time to help create what stands today as Confederate on Musgrave.

A news article from the later 1940's quotes "With shop space on the ground level and flats above, the development is situated high on a hill for breezes and views. As well, it is perfectly positioned with the convenience of the Western suburbs commuter tramline running past the front door"
Perhaps the tramline no longer exists however not a lot else has changed, with gorgeous views over the North East and delightful bay breezes, perfectly positioned then and now with all the convenience you could desire.

Just three kilometres from the Brisbane CBD, conveniently located just a short walk from popular Given and Latrobe Terraces, moments away from QUT Kelvin Grove Campus, The Barracks on Petrie Terrace, Suncorp stadium the list goes on.

A prominent address, an enviable location, for further information on this wonderful apartment please feel welcome to reach out to Krystal on 0423 556 510

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Property History for 11/109 Musgrave Rd, Red Hill, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$452,000
02 Sep 2024
Listed for Rent
16 Jul 2021
  • 21 Aug 2024
    Sold for $452,000
  • 12 Aug 2024
    Listed for Sale Best Offers From $425,000
  • 09 Jul 2021
    Listed for Rent - Price not available
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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 2,830 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 14 properties listed for sale, and 17 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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&GRAY Real Estate
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