RateMyAgentGo to search
Back 128 Musgrave Road
Off Market

128 Musgrave Road

Red Hill QLD 4059

4
2
1
1302 m²
House
Last sold for $1,950,000
Max HadgeliasMax Hadgelias, last sold this property on 29 May 2025 after 21 days on market.

Overview

Double block with dual frontage. LMR - Explore your options. This is a rare find - Don't Hesitate.

Situated in the heart of Red Hill, spanning 1217m2 this elevated double block features dual frontage and a character pre-war dwelling that has been split into two flats. Occupying a 610m2 allotment with frontage on Musgrave Road, the existing dwelling provides demonstrated income potential to return on two separate tenancies. The current layout presents two mirrored flats that include a separate living area, an eat-in kitchen and adjacent sun room at the rear of the property, two good-sized bedrooms. A cash injection would be required to meet housing standards. Zoned LMR, there is also huge potential to explore development opportunities to enhance the original character of the building and increase occupancy and earning potential across both lots (subject to council approvals). The 607m2 allotment fronting Cambridge Street is unimproved, providing excellent potential to draft designs for an expansive architect designed home in the ideal position showcasing city views and benefiting from access to desirable local amenities within a reputable school catchment. This rare opportunity to secure two adjacent allotments zoned LMR in the city fringe locale of Red Hill, presents excellent scope for buyers to explore development options. Located just 3 kilometres from the CBD and a 4 minute drive to the Kelvin Grove Urban Village, QUT campus and Royal Brisbane & Women's Hospital. The busway is located directly outside and is a convenient transport option. Botanica and Le Coin Bistro are popular with the locals. Other local highlights include the iconic Red Hill Cinema and Woolcock Park. 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 George Hadgelias 0403 062 062 Max Hadgelias 0411 276 372 for further information about submitting your expression of interest. **Any reference to development is general in nature and is subject to relevant council approvals. It is the responsibility of prospective buyers to make their own enquiries and seek professional advice prior to engaging in any negotiations. **

Features

4 bedrooms
2 bathrooms
1 carspace
1 garage space
1302 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Red Hill over the last 12 months, the estimated median property value of 128 Musgrave Road is $2.13m.

Median value
$2.13m
Estimated value range
$1.45m - $3.4m
Median days on market
24
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Red Hill. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 128 Musgrave Road

2025
Sold
$1,950,000
29 May 2025 by Max Hadgelias, of Ray White Paddington QLD

Happy sellers in Red Hill

72%
72% of sellers in Red Hill reported that their sale price either exceeded or met their price expectations.

Red Hill stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Red Hill over the last 12 months.

Local market activity for 4 bedroom houses in Red Hill

In the last 12 months, 20 four-bedroom houses similar to 128 Musgrave Road, have been sold.

This represents a 39% increase in four-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Red Hill

placeholder
Tamara Lee

Tamara Lee is a recommended agent for Red Hill.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   4.9   (269 reviews)
  •  1 Review in Red Hill
  •  2 Sales in Red Hill
View profile
placeholder
Tyson Clarke

Tyson Clarke is a recommended agent for Red Hill.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (219 reviews)
  •  1 Review in Red Hill
  •  2 Sales in Red Hill
View profile
placeholder
Jason Yang

Sellers who recommend Jason Yang have praised them for being clear communication, local expert, supportive, hard-working, responsive, dedicated and enthusiastic

  •   5   (232 reviews)
  •  1 Review in Red Hill
  •  1 Sale in Red Hill
View profile
placeholder
Jeff Pickering

Sellers who recommend Jeff Pickering have praised them for being clear communication, local expert, friendly, honest, responsive, dedicated and supportive

  •   5   (98 reviews)
  •  1 Review in Red Hill
  •  1 Sale in Red Hill
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap