919/477 Boundary Street, Spring Hill QLD 4000

Prime inner-city unit | low body corp | strong rental yield | heritage overlay noted The buying case for this two-bedroom unit in The Johnson rests on its unusually low body corporate fees for a complex with pool, gym and concierge—this directly improves net yield and holding cost. The 74sqm internal area is generous for a modern apartment, and the heritage overlay on the lot means future neighbouring development is constrained, protecting the city views from the balcony. It suits an investor seeking a sub-$900k entry to the 4000 postcode with solid rental demand from hospital and CBD workers, or an owner-occupier wanting low-maintenance living with transport at the door. The heritage overlay, while not affecting the unit itself, can delay or complicate any future structural changes to the building—buyers should confirm what approvals the body corporate has already secured. The valuation gap between property.com.au and Domain suggests the market is still pricing this inconsistently, creating a negotiation window if the vendor is motivated after the 9 May deadline. The fibre internet and 5G coverage are useful but not decisive. Hold this property for rental income and capital growth tied to Spring Hill’s infill scarcity; do not expect rapid redevelopment upside.