Back 81/189 Leichhardt St
Off Market

81/189 Leichhardt St

Spring Hill QLD 4000

1
1
Studio

Overview

INVESTORS HURRY - A CASH FLOW POSITIVE PROPERTY !

PROPERTY SOLD !!! The holy grail of property investing...a cash flow positive property but not in some regional town but in the heart of Brisbane, the 3rd largest city in Australia. On offer is a fully furnished New York style studio apartment returning $300 a week net guaranteed with no property management costs - which would cover mortgage, BCC rates & body corporate charges (at current interest rates). Or for home owners just move in & enjoy life. In the Ridge on Leichhardt building, this apartment is on the top 8th floor with expansive views & offering an enviable lifestyle & absolute convenience. Features include: - 1 bedroom/studio - fully equipped kitchen - 1 bathroom / laundry - fully furnished - broadband internet - swimming pool - gymnasium - fully equipped entertaining hall - BCC rates $352 per qtr - Body Corp fees $ $828 or $745 per qtr with discounts - $300 a week rent net guaranteed - no property manaagement costs The property is in very good condition and on an elevated position in Spring Hill. There is a mix of residential, institutional & commercial uses in the vicinity of the property. It is less than 500m to Queen St mall i.e. easy walking distance of the CBD and all its shops, entertaining, recreation, transport, civic and public facilities. A great place to live in or buy as an investment property. How often can you find a cash flow positive property in the CBD? Given its location, there is a large pool of potential tenants. This apartment is priced to sell now! Offers invited. Hurry, this won't last, so call me now to inspect - Jonzun Lee 0418 885 708

Features

1 bedroom
1 bathroom
Studio

Estimated Value

We need at least 3 similar 1 bedroom studios sold in Spring Hill over the last 12 months.

Property history for 81/189 Leichhardt St

2025
Rented
Undisclosed
Leased on 12 Oct 2025 by RE/MAX Profile Real Estate
2025
Rented
Undisclosed
Leased on 20 Feb 2025 by RE/MAX Profile Real Estate
2023
Rented
Undisclosed
Leased on 27 Sep 2023 by RE/MAX Profile Real Estate

Happy sellers in Spring Hill

94%
94% of sellers in Spring Hill reported that their sale price either exceeded or met their price expectations.

Spring Hill stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 33 reviews in Spring Hill over the last 12 months.

Local market activity for 1 bedroom studios in Spring Hill

In the last 12 months, 1 one-bedroom studio similar to 81/189 Leichhardt St, have been sold.

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