Unitblock with potential in prime Spring Hill location
- very well presented self contained flats – 4 x 1 bedroom & 1 x 2 bedroom
- solid holding income
- can convert to higher yielding investment due to the excellent location
- further development to maximize the potential of this prime site
Owners retiring, submit all offers.
Spring Hill is an inner suburb of Brisbane, located 2 kilometres (1.2 mi) north of the central business district. Parts of Spring Hill can be considered to be extensions of the Brisbane CBD. Within the suburb are the head office of some of Australia’s largest companies, hospitals, and elite schools.
Spring Hill has a population of 5258 residents, with an average income of $1013.
At number 382th in the list of Australian suburbs ordered by increase in median house value over the last year, Spring Hill, 4000 is in the top 10% with a property value increase of 20.88% recorded in median house prices.