113m2 suite with 4 car bays
This fantastic opportunity has been brought about by the owner wishing to liquidate his holdings in the Watkins Medical Centre to further a change in investment strategy. Situated on the ground floor the suite has 4 car bays associated with the current lease which runs up to November 2014. However, the tenant has moved to new premises so the suite can be made immediately available. If the existing fitout is not suitable (it is currently set up as a laboratory) the tenant will return the premises to open plan with new carpet and paint. The car bays are on separate title so the opportunity exists to let any spare capacity. Unique for the building it also has its own internal kitchen and toilet.
This is good buying especially for the owner occupier.
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:
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