Contact Agent For Address, Spring Hill, QLD 4000 | Commercial for sale | OnTheHouse
 
FOR SALE
$1,167,500

Contact Agent For Address
Spring Hill QLD 4000

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BRISBANE CITY OASIS - SUIT FIRST TIME BUYER

Here is your opportunity to acquire this fantastic boutique Brisbane Management Rights business.
This quiet, tropically landscaped, residential complex sits within the charming inner-city suburb of Spring Hill. Your very own oasis on the fringe of the CBD.
Managing this well-presented building featuring a resort style pool and secure parking would be well suited to a buyer new to this industry.
Coveted by eager prospective tenants wishing to reside in such an attractive and convenient location, there are always excellent rental applications to ensure you maintain a quality letting pool.
Presently, the Body Corporate Salary sits at $70,000 p.a. plus GST. This represents 60% of Net Profit and provides for long term security for the resident manager. Additionally, there is an exciting opportunity to bring on board a further seven apartments into the letting pool currently held by external agents. This would increase handsomely your profit results!
With a solid 22 years remaining on the Management Agreements, this is the icing on the cake for those buyers looking to secure their first business in the Management Rights industry.
Your manager's onsite residence will be a homely, 2-bedroom, 1-bathroom, 1- car apartment with office attached and on the same title.
Several top private schools are located near Spring Hill, including St Joseph's College, IES College, Brisbane Girls Grammar, Brisbane Grammar, St Peters Lutheran College, and St James College.
And with even more to look forward to, the new 63,000 seat stadium to be built for the 2032 Olympic Games, in Victoria Park will only be 2 km away. Existing and profitable times!
Enjoy the ambiance and lifestyle opportunities of Spring Hill or stroll to the CBD. The world is your oyster.

Property Details for Contact Agent For Address, Spring Hill

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Commercial
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About Spring Hill 4000

The size of Spring Hill is approximately 1.3 square kilometres. It has 7 parks covering nearly 19.6% of 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 5,433 properties. Over the last 5 years, Houses in Spring Hill have seen a 57.29% increase in median value, while Units have seen a 86.29% increase. As at 30 November 2025:

  • The median value for Houses in Spring Hill is $1,591,441 while the median value for Units is $667,998.
  • Houses have a median rent of $680 while Units have a median rent of $625.
There are currently 32 properties listed for sale, and 46 properties listed for rent in Spring hill on OnTheHouse. According to Cotality's data, 295 properties were sold in the past 12 months in Spring hill.

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Jim Lowe
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