607sqm Holding, 15-Storey Potential and $140k Income - 37DS
Motel Hospitality for Sale in Spring Hill, QLD — DEVELOPMENT OPPORTUNITY for $4.5M
Key facts
- Price
- DEVELOPMENT OPPORTUNITY for $4.5M
- Location
- Spring Hill, QLD 4000
- Type
- Motel Hospitality
- Listed by
- Tourism Brokers
- Listing ID
- 21180719
- Last updated
- 2026-10-09
Description
DEVELOPMENT SITE<br />
<br />
Positioned in the heart of Spring Hill’s medical and Olympic precinct, this high-yield mixed-use asset offers a rare combination of immediate cash flow and landmark development upside.<br />
<br />
The Opportunity:<br />
<br />
- Development Upside: Prime 607sqm site with DC1 District Centre zoning, allowing for up to 15 storeys (STCA).<br />
<br />
<br />
<br />
- Strong Holding Income: Diversified gross annual income exceeding $140,000.<br />
<br />
<br />
<br />
- Mixed-Use Profile: Two established retail tenancies plus two recently renovated residential units (2-bed & 3-bed).<br />
<br />
<br />
<br />
- 2032 Olympic Precinct: Direct proximity to Victoria Park—the "centre stage" for the Brisbane 2032 Games—and adjacent to St Andrew’s War Memorial Hospital.<br />
<br />
<br />
<br />
- Turnkey Asset: Ample on-site parking and private driveway access in a tightly held inner-city pocket.<br />
<br />
<br />
<br />
This is a blue-chip acquisition for developers and land-bankers looking to capitalise on Brisbane’s rapid growth and the infrastructure boom of the 2032 Olympics.<br />
<br />
Asking Price: $4,500,000 (Submit your best offer)<br />
<br />
Submissions close: 28th April at 5:00 PM<br />
<br />
Inspections by appointment.<br />
<br />
Contact us today to arrange a private viewing or request the information memorandum.<br />
<br />
Property Code: 5434
<br />
Positioned in the heart of Spring Hill’s medical and Olympic precinct, this high-yield mixed-use asset offers a rare combination of immediate cash flow and landmark development upside.<br />
<br />
The Opportunity:<br />
<br />
- Development Upside: Prime 607sqm site with DC1 District Centre zoning, allowing for up to 15 storeys (STCA).<br />
<br />
<br />
<br />
- Strong Holding Income: Diversified gross annual income exceeding $140,000.<br />
<br />
<br />
<br />
- Mixed-Use Profile: Two established retail tenancies plus two recently renovated residential units (2-bed & 3-bed).<br />
<br />
<br />
<br />
- 2032 Olympic Precinct: Direct proximity to Victoria Park—the "centre stage" for the Brisbane 2032 Games—and adjacent to St Andrew’s War Memorial Hospital.<br />
<br />
<br />
<br />
- Turnkey Asset: Ample on-site parking and private driveway access in a tightly held inner-city pocket.<br />
<br />
<br />
<br />
This is a blue-chip acquisition for developers and land-bankers looking to capitalise on Brisbane’s rapid growth and the infrastructure boom of the 2032 Olympics.<br />
<br />
Asking Price: $4,500,000 (Submit your best offer)<br />
<br />
Submissions close: 28th April at 5:00 PM<br />
<br />
Inspections by appointment.<br />
<br />
Contact us today to arrange a private viewing or request the information memorandum.<br />
<br />
Property Code: 5434