369 Boundary Street, Spring Hill, QLD 4000 | Property Value & History | OnTheHouse
OFF MARKET

369 Boundary Street
Spring Hill QLD 4000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1456m2
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Property Details for 369 Boundary St, Spring Hill

Building Type
Commercial
Land Size
1456m2
Local Government
Brisbane
Lot/Plan
1/RP165855

Last Listing description (December 2022)

369 Boundary Street Spring Hill represents an opportunity for owner occupiers, investors, and developers to purchase a 1,837m* GLA commercial building on a 1,456m* land holding 800 metres* from the Brisbane GPO.

Opportunity to Refurbish (occupy/lease) or Redevelop
1,456m* site

Three Street Frontage: 110 metres* of street frontage to Boundary Street, Douglas Street and Rosa Street
1,837m* GLA commercial building over 3 storeys (5 sub floors)
Class 9b Education Building, with existing fitout purpose built
Secure onsite car parking for 22* bays (ratio 1:83.5m* GLA)
NABERS Rating - Currently an 'Exception'
Zoned MU1 "Mixed Use (Inner City)" with building height up to 10 storeys^+
Precinct subject to the Spring Hill Neighbourhood Plan (adopted September 2018)
Within a 2km* radius to education facilities including: Brisbane Grammar School, St Joseph's College Gregory Terrace, Brisbane Central State School, St James College, Queensland University of Technology (CBD campus and Kelvin Grove campus), University of Queensland (CBD campus and Herston campus)
Within a 1km* radius to healthcare infrastructure including: St Andrews Hospital, Royal Brisbane Hospital, Brisbane Eye Hospital, Brisbane Private Hospital, Cura Day Hospital, Spring Hill Day Hospital (under construction)
Access to public transport (550* metres to Central train station) and road infrastructure connectivity
Locality may benefit from the infrastructure project investment, including the 2032 Olympic Games, Victoria Park redevelopment and Brisbane Live
Potential for future development^ 800* metres from the Brisbane GPO

INSPECTIONS

Tuesday, 20 September: 10:30am to 11:30am
Tuesday, 27 September: 10:30am to 11:30am
Tuesday, 4 October: 4:30pm to 5:30pm
Tuesday, 11 October: 4:30pm to 5:30pm
Tuesday, 18 October: 4:30pm to 5:30pm

YOU MUST REGISTER WITH THE LISTING AGENTS PRIOR TO INSPECTING

For Sale by Expressions of Interest Closing Wednesday, 19 October 2022 4.00pm (AEST)

Under Instructions of Michael Owen & Phil Carter of PwC as Receivers' and Managers Appointed.

*approximately
^Subject to Council Approval
+In Accordance with Neighbourhood Plan

Property History for 369 Boundary St, Spring Hill, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$9,350,000
04 Nov 2022
  • 04 Nov 2022
    Sold for $9,350,000
  • 13 Sep 2022
    Listed for Sale Expressions of Interest
  • 22 Dec 2015
    Sold for $7,810,000
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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 46.46% increase in median value, while Units have seen a 89.39% increase. As at 28 February 2026:

  • The median value for Houses in Spring Hill is $1,659,026 while the median value for Units is $715,563.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 33 properties listed for sale, and 30 properties listed for rent in Spring hill on OnTheHouse. According to Cotality's data, 246 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.