FOR SALE
Under Contract

176 Water Street
Spring Hill QLD 4000

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 422m2
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Endless Possibilities Await Dual Living Cottage with DA Approved Plans in Spring Hill

Discover the perfect blend of timeless charm and modern convenience with this captivating dual living cottage, ideally situated in the heart of Spring Hill. Featuring five spacious bedrooms and two well-appointed bathrooms, this property sits on a substantial 422sqm allotment, a true rarity in this sought-after suburb. With its versatile dual living layout, this home is ideally suited for families in need of extra space, investors looking for rental potential, or those seeking a property that offers flexibility for multi-generational living.
Upon entering, you're welcomed by a warm interior that harmoniously combines traditional charm with the character rich suburb. The five bedrooms are generously sized, each thoughtfully designed to maximize comfort and privacy, making it an ideal setup for growing families or multiple occupants. The dual-living design is set up to offer two separate, self-contained spaces within the property, making it possible for occupants to enjoy complete privacy while sharing the same address. This layout is a fantastic option for families with older children, those looking to accommodate extended family, or investors interested in maximizing rental returns through a dual-income setup.
For those with an eye toward future expansion, this property also comes with DA approved plans by the highly regarded OH Architecture, providing a unique opportunity to bring a contemporary vision to life. Whether you choose to maintain the existing charm of the cottage or take advantage of these architecturally designed, approved plans, the potential for this property is endless.
Beyond the home itself, the location is unbeatable. Positioned in vibrant Spring Hill, within walking distance to Brisbane's CBD and the Valley, placing work, entertainment, and dining just moments away. Renowned schools, picturesque parks, and popular cafes surround the property, adding convenience and appeal to daily life. The expansive allotment provides ample outdoor space for relaxation or future development, making it a fantastic option for those seeking both room to grow and a sound investment.
- Five spacious bedrooms with natural light and built in storage
- Large master room with charming bay window with double glazing, air-conditioning
- Dual living with separate self-contained living on each level
- Spacious central kitchen with natural light, dishwasher and ample storage
- Beautiful character ceiling features and timber floorboards throughout
- Leafy aspect overlooking Bedford Park, elevated rear yard space
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Property Details for 176 Water St, Spring Hill

176 Water St, Spring Hill is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 422m2. The place is currently for sale with SPACE Property Paddington.

Building Type
House
Land Size
422m2

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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 2011 was 5,258 people. By 2016 the population was 5,958 showing a population growth of 13.3% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Spring Hill work in a professional occupation. In 2011, 29.6% of the homes in Spring Hill were owner-occupied compared with 29.9% in 2016.

Spring Hill has 5,423 properties. Over the last 5 years, Houses in Spring Hill have seen a 38.64% increase in median value, while Units have seen a 54.46% increase. As at 30 November 2024:

  • The median value for Houses in Spring Hill is $1,368,966 while the median value for Units is $548,643.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 26 properties listed for sale, and 42 properties listed for rent in Spring hill on OnTheHouse. According to CoreLogic's data, 359 properties were sold in the past 12 months in Spring hill.

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Sam Mayes
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Zac Tully
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SPACE Property Paddington
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