FOR SALE
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24 Gloucester Street
Spring Hill QLD 4000

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Land area: 240m2
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A Once in a Lifetime Opportunity for a Dream Location

A rare opportunity often sought after and rarely available awaits a discerning buyer. On offer is an original workers cottage well preserved, surprisingly spacious and tranquil. It's set in a sublime location on the doorsteps of the city, on an elevated wide street with parking on both sides, set amongst character homes and sandstone cottages.
The cottage occupies a prime 240 sqm parcel in Spring Hill, one of Brisbane's oldest suburbs. With scope to further capitalise on the valuable 4000 postcode address through lifting, renovation and expansion to build a home (STCA) that befits the dream and prime “once in a lifetime” location, it will have the city skyline as an outstanding backdrop.
• Single level cottage with high pitched gable roof
• Relatively level block with modest slope towards the rear
• Potential to capture panoramic views of the CBD and Story Bridge
• Potential to provide off street carparking by raising the house
• Potential to create a modern masterpiece
• Locality includes some of Spring Hill's finest homes
• Walk to Fortitude Valley and CBD for shopping and dining
• Stroll down to Howard Smith Wharves and River Walk
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Property Details for 24 Gloucester St, Spring Hill

24 Gloucester St, Spring Hill is a 4 bedroom, 1 bathroom House and was built in 1925. The property has a land size of 240m2. The place is currently for sale with Jonzun Lee.

Building Type
House
Year Built
1925
Land Size
240m2

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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 5,428 properties. Over the last 5 years, Houses in Spring Hill have seen a 48.78% increase in median value, while Units have seen a 59.96% increase. As at 31 August 2024:

  • The median value for Houses in Spring Hill is $1,398,673 while the median value for Units is $538,344.
  • Houses have a median rent of $700 while Units have a median rent of $595.
There are currently 36 properties listed for sale, and 53 properties listed for rent in Spring hill on OnTheHouse. According to CoreLogic's data, 328 properties were sold in the past 12 months in Spring hill.

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Jonzun Lee
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