124/454 Upper Edward Street, Spring Hill QLD 4000

2 bed, 2 bath, 1 car | top-floor apartment in Spring Hill | premium amenities | strong rental demand | priced below estimated value This unit presents a rare buying case for its combination of size and amenity within a well-managed building. The two-bedroom, two-bathroom configuration with ensuites is uncommon in this complex, giving it a distinct edge over the majority of one-bedroom stock. Being priced slightly below the estimated value range creates immediate equity potential, while the building’s strong owner-occupier ratio and long-term tenure profile suggest a stable, well-maintained environment. The inclusion of ducted cooling and heating, an alarm system, and building amenities like a gym and pool adds genuine lifestyle appeal, making this property particularly suited to professionals or investors targeting the premium end of the rental market. The primary risk here is the recent comparable sales within the building, which have transacted well below the current asking price, creating a potential gap between vendor expectation and market reality. The property’s 95m² lot share is modest, and while no overlays apply, the lack of recent auction clearance data in the suburb signals a cautious buyer environment. However, the opportunity lies in the property’s positioning: it is listed below its estimated value in a market showing annual growth of 4–15% on comparable units. A buyer should approach with a firm offer reflecting the building’s recent transaction history, holding for a minimum of three to five years to capture the compounding effect of Spring Hill’s central location and constrained supply.