Former church in Spring Hill sparks rare investment opportunity
A former church in the heart of Brisbane’s Spring Hill has hit the market, offering buyers an opportunity that blends historical character with exceptional potential.
Located at 351 Wickham Terrace, the two-level property sits in one of the city’s most tightly held medical and commercial precincts. Formerly used as a church, the building has strong community ties and provides a rare chance for an owner-occupier, investor or developer to reimagine its future.
According to Colliers manager Luke Hawkins, the property’s unique background has added to its appeal.
“It also shares a historical connection with the neighbouring Callender House, which is heritage listed and has been owned by the Brisbane Theosophical Society for around 100 years,” he says. “Reportedly, both sites once formed a single lot in the early 1900s.”
Hawkins says buyer interest has been strong since the campaign launched just over a week ago.
“The property’s been extremely well received by the market due to its fundamentals – a vacant freehold building with mixed-use zoning and development upside, all located in a core medical precinct right on the doorstep of the CBD,” he says.
Properties of this nature rarely come to market, Hawkins notes, making the sale a standout opportunity.
“This boutique character building provides a rare chance for an owner-occupier, value-add investor or developer to deliver a bold vision for the future,” he says. “Given the price point, we anticipate it will be a hotly contested auction.”
Spring Hill is one of Brisbane’s most desirable inner-city suburbs, combining heritage charm with a mix of medical, residential, retail and office buildings. Its proximity to the CBD, coupled with ongoing growth and development, underpins strong long-term appeal.
“Spring Hill is the closest suburb to the CBD and is underpinned by diverse land uses,” Hawkins says. “The property’s fundamentals mean it appeals to a broad range of buyers.”
The property is for sale by auction at 11.30am AEST on Tuesday, October 21.
