41 Raff Street, Spring Hill, QLD 4000 | Commercial for sale | OnTheHouse
 
FOR SALE
Sale - Expression of Interest closing Thu 13 Aug

41 Raff Street
Spring Hill QLD 4000

Bedrooms: -
Bathrooms: -
Car spaces: 21
Floor area: 1004m2
Land area: 1064m2
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Freehold Office Building with 21 Carparks on a Mixed-Use Island Site

RWC Queensland & Knight Frank are pleased to offer 41 Raff Street, Spring Hill; a rare opportunity to secure a strategically positioned asset with the flexibility to occupy, reposition, or redevelop on the border of Brisbane's CBD.
Positioned on a prominent 1,064 sqm* mixed-use island site, the property comprises 1,004 sqm* of functional office/education accommodation with 9B classification (NABERS exempt). Complemented by 21 secure carparks, the asset presents a highly flexible opportunity within a key inner-city precinct poised to benefit from significant infrastructure investment and urban renewal in the lead-up to the Brisbane 2032 Olympic and Paralympic Games.
Opportunity highlights:
- 1,004 sqm* functional improvements over two levels
- 1,064 sqm* freehold landholding with significant exposure to Turbot Street
- 21 secure carparks, with potential to add more
- Mixed-use island site offering significant development potential (code applicable for 15 storeys^)
- Flexibility to occupy, reposition or redevelop within a key inner-city precinct
- Strategic location within walking to distance to the Brisbane CBD, Central Station, Howard Smith Wharves and Spring Hill Marketplace
For Sale via Expressions of Interest closing Thursday, 13 August 2026 at 3pm (AEST).
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Property Details for 41 Raff St, Spring Hill

Building Type
Commercial
Floor Size
1004m2
Land Size
1064m2
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About Spring Hill 4000

The size of Spring Hill is approximately 1.3 square kilometres. There are 7 parks, covering nearly 19.6% of the total area. The population of Spring Hill in 2016 was 5974 people. By 2021 the population was 6593 showing a population growth of 10.4% in the area during that time. The predominant age group in Spring Hill is 20-29 years. Households in Spring Hill are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Spring Hill work in a professional occupation.In 2021, 30.00% of the homes in Spring Hill were owner-occupied compared with 29.90% in 2016.

Spring Hill has 5,437 properties. Over the last 5 years, Houses in Spring Hill have seen a 47.09% increase in median value, while Units have seen a 106.01% increase. As at 30 June 2026:

  • The median value for Houses in Spring Hill is $1,896,433 while the median value for Units is $824,444.
  • Houses have a median rent of $808 while Units have a median rent of $650.
There are currently 46 properties listed for sale, and 32 properties listed for rent in Spring hill on OnTheHouse. According to Cotality's data, 235 properties were sold in the past 12 months in Spring hill.

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Jason Hines
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RWC QLD
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