137/8 Musgrave Street, West End QLD 4101

2-bedroom in SL8 complex | 97sqm with secure parking | 75% owner-occupancy building | walk to West End State School and Brisbane State High The buying case here rests on the configuration and building profile. At 97sqm internal with two bathrooms and a garage, this unit sits well above the typical 2-bedroom floorplate in West End, which matters for owner-occupiers and downsizers who value space over a third bedroom. The 75% owner-occupancy ratio is rare for a 114-property complex and signals stable management and lower turnover risk. For a buyer targeting long-term hold with potential to out-perform the suburb median, the combination of size, parking, and building quality in a school catchment zone gives a structural edge over newer, smaller stock nearby. The main risk is the current energy efficiency rating of zero, which may affect financing or insurance terms and will require outlay for upgrades if the buyer intends to lease. The 2026 valuation of $941,000 sits above the local 2-bedroom median of $857,000, meaning the buyer pays a premium for the larger floorplan and building quality. For a buyer who can hold through a normal market cycle, the opportunity is to add value through modest energy improvements and benefit from the school zone demand. Use this as a long-term home or hold for capital growth tied to the building’s owner-occupier character.