1/69 Leichhardt StreetSpring Hill QLD 4000
Property Details for 1/69 Leichhardt St, Spring Hill
Last Listing description (May 2025)
Solid Permanent and Large Residence in Spring Hill
Nett Income $146,045, with Large Manager Residence $700,000, Total Asking for $1,401,000
In a prime location on the top of Spring Hill this business ticks all the boxes whilst providing opportunity to grow the business
Perfectly located complex benefits from quick access to a range of restaurants, shops and entertainment areas, Fortitude Valley, major Brisbane hospitals, Brisbane Convention Exhibition Centre, RNA Showgrounds, Southbank and Suncorp Stadium.
Only 3 minutes to Roma Street Parklands and St Andrews Hospital
5 minutes walk to Boys and Girls Grammar, Wickham Terrace medical precinct and Queen Street
Bus station is just on the doorstep, also free Inner City Loop bus operates around
Long agreement 22 years left on a 25 years accommodation module
Fantastic Body Corporate salary of $101,931 with annual increase of CPI
Body Corporate very good and supportive to work with
Very well run complex Well established and steady business, all procedures documented
Complex very popular with the tenants
All the BC's hard work has been done, the pool, exterior podium level and the common areas have also undergone a sleek and modern refurbishment and the result is stunning.
Now is the time to reap the rewards!
Modern and spacious manager residence comprises two bedrooms, two bathrooms, large open plan living/lounge/dining room, kitchen, laundry and large storage and two car spaces
Detached office on ground floor
If you want to buy a sustainable solid income and lifestyle business, it ticks all your boxes, please book your inspection immediately with our NEXT team.
Property History for 1/69 Leichhardt St, Spring Hill, QLD 4000
- 11 Mar 2025Listed for Sale $1,401,000
- 14 Feb 2023Listed for Sale $1,398,000
- 14 Dec 2011Listed for Rent - Price not available
Recent sales nearby
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0About 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 5,434 properties. Over the last 5 years, Houses in Spring Hill have seen a 47.37% increase in median value, while Units have seen a 87.93% increase. As at 31 December 2025:
- The median value for Houses in Spring Hill is $1,593,217 while the median value for Units is $706,938.
- Houses have a median rent of $688 while Units have a median rent of $625.
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