1/490 Boundary Street, Spring Hill, QLD 4000 | Property Value & History | OnTheHouse
OFF MARKET

1/490 Boundary Street
Spring Hill QLD 4000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 40m2
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Property Details for 1/490 Boundary St, Spring Hill

Building Type
Commercial
Land Size
40m2
Local Government
Brisbane
Lot/Plan
1/SP242888

Last Listing description (November 2023)

McGees Property is pleased to present an extremely rare ground floor commercial suite inclusive of a secured underground storage area For Sale or Lease.

For Sale: Offers Over $195,000 Plus GST
For Lease: $24,000 per annum including outgoings Plus GST


Situated on the retail strip of Boundary Street in the heart of the Medical and Commercial precinct of Spring Hill, this rare gem gives so much potential outside of its boutique 22m of diverse & flexible floor space. Boasting floor to ceiling glass walls and sliding door entry along the western boundary this bright and airy tenancy takes full advantage of its natural surroundings.

Great care has been taken in the design of this tenancy to ensure maximum functionality and practicality within the space, along with providing pleasing fit out aesthetics and acoustics to ensure it is an enjoyable place to work from.

Benefits and Features of the property:

22m* Internal net lettable area
18m* Secured underground allocated storage room
Daikin Inverter air-conditioning split system
Fire sprinkler and wired smoke alarm system
Floor to ceiling roller blinds along all glass frontage
Access to secure ground floor disability bathroom
Car lift accessible car park
Signage availability on glass frontage and pylon sign board

Property Outgoings:

Brisbane City Council Rates: $682.49 per quarter
Sewerage Service Charge: $89.20 per quarter
Water Service Charge: $37.40 per quarter
Body Corp Admin fund: $1,897.57 per quarter
Body Corp Sinking fund: $368.03 per quarter

If you are interested in the property don't hesitate to contact the exclusive marketing agents.

All offers to be submitted to exclusive marketing agents.

*all figures are approximate only and all interested parties are encourage to conduct their own due diligence

Property History for 1/490 Boundary St, Spring Hill, QLD 4000

A timeline of how this property has performed in the market
Last Transferred
$160,000
10 Oct 2023
Listed for Rent
$24k/w
16 Jun 2023
  • 10 Oct 2023
    Transferred for $160,000
  • 09 Dec 2022
    Listed for Sale FOR SALE & LEASE
  • 09 Dec 2022
    Listed for Rent - Price not available
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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 5,427 properties. Over the last 5 years, Houses in Spring Hill have seen a 80.02% increase in median value, while Units have seen a 93.56% increase. As at 31 March 2026:

  • The median value for Houses in Spring Hill is $1,995,643 while the median value for Units is $742,757.
  • Houses have a median rent of $815 while Units have a median rent of $650.
There are currently 31 properties listed for sale, and 31 properties listed for rent in Spring hill on OnTheHouse. According to Cotality's data, 227 properties were sold in the past 12 months in Spring hill.

Suburb Insights for Spring Hill 4000

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.