49/189 Leichhardt St, Spring Hill is a 1 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 30m2 and floor size of 30m2. While the property is not currently for sale or for rent, it was last sold in December 2016.
This well presented studio apartment is returning a very solid $300 p/w income with long term lease already in place.
Body corp. fees approx. $82 p/w
Council rates and water approx. $24 p/w
Rent $300.00 p/w
Purchase price $195,000
Gross Yield 8 % *
Property description:
- Fully furnished
- Secure building with seven day reception
- Walking distance to the CBD and all Brisbane has to offer
- Emporium, China Town, Queen Street, South Bank all in walking distance
- On the free Loop bus stop and just 400 meters to Central train station
- On-site facilities include swimming pool, gym, NBN speed wifi and BBQ area
Watch your investment portfolio grow with excellent presentation to the Secure building complimented by, Walk to shops, transport and CBD for occupants ease makes this a must, act now.
(Disclaimer) * Please note all gross yields and return details are approximate and are based on the asking price only (not the sale price), the gross return also does not include any tax credits or deductions the purchaser may be entitled to, and is based on information provided by a number of sources. This information is provided as a guide only and is based on figures provided to Onsite Property Pty Ltd and whilst this has been prepared in good faith and with due care, no liability for negligence is otherwise assumed by Onsite Property Pty Ltd , its principal's, agents or servants. Please conduct your own investigations into the subject property to satisfy yourself with the matters concerning the property.
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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