OFF MARKET

16/189 Leichhardt Street
Spring Hill QLD 4000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 30m2
Land area: 30m2
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Property Details for 16/189 Leichhardt St, Spring Hill

16/189 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 September 2022.

Building Type
Unit
Year Built
1980
Floor Size
30m2
Land Size
30m2
Local Government
Brisbane
Lot/Plan
13/SP130260

Last Listing description (November 2022)

Unit 16 at 'The Ridge' on Leichhardt Street is a great opportunity to secure a high yielding investment in a convenient location at exceptional value! It's a perfect unit if you're after a bolthole in Brisbane for when you're here, which you can easily rent out using the hotel services when you're away.

Ideally positioned only short stroll to the vibrant Brisbane City, far away enough from the congestion but close enough to all the action and convenience, it is on the doorstep of many excellent shops, bars and cafes, as well as public transport. Currently in the hotel short-term letting pool, it can also be rented long term, or simply kept as your inner-city pad.

It comes furnished with the refurbishments already done. The complex is extremely well managed and maintained with some recent upgrades, including a recently renovated entertainment room, billiards table, sparkling swimming pool, gym and BBQ area - It represents amazing value for such an outstanding location and amazing building facilities.

This property sits in the middle of some huge infrastructure projects that are coming to Brisbane, such as the Queens Wharf precinct in the city, the Cross River Rail, Victoria park Redevelopment and more. It's amazing opportunity to capitalise on the future growth of Brisbane.

Additional Information:
- Furnishings Included in sale
- Rental Income approx. $18,000 per annum - After management fees, electricity, water, cleaning. (based on the average monthly rental amount of the last 3 months x 12)
- Body Corporate fees $1,342 per quarter
- Council Rates $430.40 per quarter
- Sinking Fund Balance $739,534

Property History for 16/189 Leichhardt St, Spring Hill, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$155,000
27 Sep 2022
Listed for Rent
$330/w
17 Jul 2015
  • 27 Sep 2022
    Sold for $155,000
  • 26 Aug 2022
    Listed for Sale Under Contract
  • 06 Jul 2015
    Listed for Rent - Price not available
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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 5,412 properties.

    There are currently 49 properties listed for sale, and 65 properties listed for rent in Spring hill on OnTheHouse. According to CoreLogic's data, 302 properties were sold in the past 12 months in Spring hill.

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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.