140 Musgrave Road, Red Hill, Qld 4059

This property is being marketed by way of expression of interest and will conclude on or before Tuesday 29 October 2024 at 5:00pm.  As offers are received, these will be presented to the seller for their consideration and should it reach their expectation, the property will be sold on or before the 29 October 2024. We strongly recommend that once you have inspected this property, if you are interested in buying, please contact us to submit your offer to purchase.

Discover a rare investment opportunity in Red Hill, an inner-northern Brisbane suburb that offers peaceful suburban living just moments from the CBD.

Situated on an elevated 810sqm corner block with dual street frontage, this three-storey residential complex features 8 well-appointed apartments, offering a mix of one- and two-bedroom layouts, all with sweeping views over Paddington, Bardon, and beyond. Each apartment includes a functional kitchen, stylish bathroom, and a secure lock-up garage with easy access from Balmain Terrace. With several apartments already tenanted, this 'rent-ready' property guarantees immediate rental income, making it the perfect investment opportunity for the savvy buyer.

Ideally located, the property benefits from frequent bus services along Musgrave Road and is within walking distance of Paddington's vibrant retail and dining precinct, Suncorp Stadium, QUT Kelvin Grove, parks, and cafes. 

Key Features:

- 810sqm with dual street frontage
- 8 well-designed apartments with spacious bedrooms and functional kitchens
- Lock-up garages
- Zoned LMR2
- Close proximity to cafes, parks, public transport, QUT Campus, and everyday conveniences
- Moments from Paddington, Suncorp Stadium, Kelvin Grove Urban Village, and easy access to the CBD. 
 
With Brisbane's property market surging, the 2032 Olympics approaching, and increasing interstate and overseas migration, this property is a prime opportunity for future capital growth. Don't miss out on this unique investment!