96 Musgrave RoadRed Hill QLD 4059
Property Details for 96 Musgrave Rd, Red Hill
96 Musgrave Rd, Red Hill is a 5 bedroom, 3 bathroom House with 4 parking spaces and was built in 1988. The property has a land size of 1429m2 and floor size of 673m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Last Listing description (July 2023)
Options are plenty when you have a location as good as this. Positioned off the private service road on an elevated mouth-watering 1429m2 two street allotment with 180-degree views that stretch across from the city to Mt Cootha.
This original cavity brick 3 storey residence has been held in the same family since it was built approx. 33 years ago. 3 Levels of undeniable quality and workmanship all in original condition. What an irresistible opportunity to upgrade into a modern masterpiece to suit today's contemporary lifestyle.
In turn this feature landholding has other possibilities [all subject to council approval]. An apartment development taking full advantage of the magnificent views on offer coupled with the convenient location would be in high demand due to the lack of potential sites in this part of the Inner city. Potential to sub divide a block of the back fronting Cambridge St and build a new home. Perhaps maximise the potential of higher returns with the abundance of rooms over the 3 generous levels.
All within walking distance to the prestigious private schools on the terrace and only a short stroll to the city. Property holdings like this are tightly held so don't let this pass as it is unlikely to be repeated.
Disclaimer: This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.
Property History for 96 Musgrave Rd, Red Hill, QLD 4059
- 12 Apr 2022Sold for $3,410,000
- 22 May 2019Listed for Sale For Sale
- 02 Nov 2016Listed for Sale For Sale
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0About 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 2,786 properties. Over the last 5 years, Houses in Red Hill have seen a 74.64% increase in median value, while Units have seen a 44.09% increase. As at 31 October 2024:
- The median value for Houses in Red Hill is $1,611,831 while the median value for Units is $699,439.
- Houses have a median rent of $720 while Units have a median rent of $505.
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