605/448 Boundary Street, Spring Hill QLD 4000

Large 94sqm internal floorplate | dual parking spaces | inner-city walkability | 60% owner-occupier building This unit’s competitive edge lies in its generous internal area and two dedicated parking spaces, which are rare in this price band for a Spring Hill apartment. The 60% owner-occupier ratio signals stable building management and lower turnover risk, while the open-plan layout with balcony and ensuite master suits both professional owner-occupiers and investors targeting quality tenants. The property serves best as a long-term hold for those prioritising space and convenience over speculative short-term gains. The main risk is the building’s age and strata complexity, as no recent comparable sales are available for this exact unit, making valuation uncertain. However, the interstate liquidation motivation may allow negotiation below the $875,000 listing. The 4.5% suburb rental yield provides a solid income buffer, and Brisbane’s 15.7% growth trend supports capital stability. Hold for at least five years to realise location-driven appreciation.