306/51 Hope StreetSpring Hill QLD 4000
Property Details for 306/51 Hope St, Spring Hill
306/51 Hope St, Spring Hill is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 142m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Last Listing description (January 2023)
For Investors Who Want to be Loved by their Accountant!
This is a set and forget property with the added advantage of super-close proximity to the CBD, plus future bonuses of the upcoming Queen's Wharf project and other new Brisbane infrastructure projects.
For landlords looking for something that's a bit 'extra' (specifically more outdoor space way more than what you're used to in a two-bedder), this apartment in Spring Hill's golden triangle (between The Baths, the cafes, and the CBD) might fit the bill.
With its covered terrace spilling out to a level grassy space, it has a rather house-like vibe giving it a strong point of difference amongst typical two bedroom product. The courtyard, gardens and leafy green outlook will be highly attractive from a resale perspective.
Inside, it's a modern, functional apartment with clever touches like the study niche adjacent to the dining area, and there's another desk in the second bedroom for those who work from home.
With Brisbane CBD on the cusp of an entertainment surge, this property will benefit from future capital growth potential as apartment supply continues to shrink and Brisbane's liveability continues to grow due to major projects like Queens Wharf, Cross River Rail and other major infrastructure projects.
YOUR TENANTS WILL LOVE . . .
+ Living in Spring Hill - with everything at your doorstep you'll suddenly discover that any given 24 hours can fit in a lot more work, rest and especially play than you thought possible
+ This is a dog-friendly area, your nearest lead-free park is in Victoria Park on Gregory Terrace
+ No more long commutes to your CBD office, hop on a lime scooter, or take a relaxing stroll
+ The clever floor plan with separate dining area, and living and master flowing out to the terrace
INSIDER'S SECRET . . .
+ When looking for something a little fancier for a special night out, your tenants will love La Cache a Vin by Tierry Gallichet. It's a block from your place!
AS AN INVESTOR, YOU'LL LOVE...
+ Secure tenant at $600/week, expires 13 March 2023
+ Low body corporate fees
+ Set and forget nature of this property
Property History for 306/51 Hope St, Spring Hill, QLD 4000
- 27 Aug 2021Sold for $555,000
- 18 Jun 2021Listed for Sale Offers over $589,000
- 20 Jan 2021Listed 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 5,373 properties. Over the last 5 years, Houses in Spring Hill have seen a 53.65% increase in median value, while Units have seen a 57.93% increase. As at 31 October 2024:
- The median value for Houses in Spring Hill is $1,519,596 while the median value for Units is $548,053.
- Houses have a median rent of $650 while Units have a median rent of $600.
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