INTRODUCING THE ART AND SOUL OF SPRING HILL [ 1 ] HOME TO GREAT ART Welcome to The Johnson Apartments, Spring Hill - statement residences above Brisbane’s very first Art Series Hotel. Art Series Hotels are famous for their design integrity, cool finesse and celebration of beauty in every detail. The Johnson Apartments take their name and inspiration from the brilliant, multi-faceted works of contemporary Australian artist Michael Johnson. The Johnson Apartments are also architecturally CONTENTS significant; a sensitive reimagining of a landmark building, designed in the sixties by influential 01 LOCATION Queensland architect, Viennese-born Karl Langer. 02 APARTMENTS 03 FLOOR PLANS 04 SPECIFICATIONS 05 TEAM [ 2 ] [ 3 ] THE OLD WINDMILL, SPRING HILL AN INSPIRED LOCATION The Johnson Apartments are set to become the beating heart of Spring Hill – a glorious heritage suburb on the city’s doorstep. This has always been a place of colour, character and beautiful imperfection, a balance of old and new, with history around every corner and a brilliant future ahead. Spring Hill is home to some of Australia’s very best schools and education centres, and is an easy stroll to the heart of the CBD and Central Train Station. Everything you need is within walking distance, from fresh food and supermarkets to restaurants and entertainment. This picturesque precinct is bordered by verdant public parks and spaces, including Roma Street Parkland and Victoria Park – a spectacular 18 hole golf course on the city’s edge. [ 4 ] [ 5 ] WALKABILITY & GOLD COAST 1 HOUR URBIS ACCESSIBILITY 11 BRISBANE AIRPORT 15 MINS KANGAROO POINT 03 13 OUTLOOK OF 14 SPRING HILL 09 Positioned as the northerly extension of the Brisbane Central Business 05 18 District (CBD), Spring Hill is well serviced with an array of public STORY BRIDGE transport options, allowing high accessibility to major employment 07 nodes and diverse lifestyle amenities. As well as being conveniently located amongst many leisure, recreation and entertainment offerings, BRISBANE CBD 04 SPRING HILL IS Spring Hill boasts prime locality to a number of prominent educational FORTITUDE VALLEY 16 institutions. As a result of its location, Spring Hill has become an 01 AN INNER CITY increasingly popular residential precinct. Spring Hill and its surrounds 12 08 are positioned to benefit from recent and proposed investment 17 COMMUNITY ADJACENT surrounding large infrastructure projects within Brisbane. Most notably, SPRING HILL TO THE BRISBANE the rejuvenation of the Queens Wharf, the Brisbane Showgrounds, and the construction of Brisbane’s TransApex Masterplan. The CBD, OFFERING A combination of Brisbane’s growing economy and Spring Hill’s CONVENIENT LIFESTYLE accessibility to significant infrastructure investment is expected to 06 provide a catalyst for Spring Hill to become one of Brisbane’s most 15 PRECINCT AND DIRECT desirable inner city suburbs. ACCESSIBILITY TO KEY RETAIL AND EMPLOYMENT NODES. LEISURE & PARKLANDS HOSPITALS 01 Spring Hill Marketplace 12 Brisbane Private Hospital 02 Victoria Park 13 Mater Hospital 03 The Gabba 14 Lady Cilento Children’s Hospital Spring Hill accommodates all three of the Urbis economics 04 Queen Street Mall 15 St Andrew’s War Memorial Hospital 05 South Bank Parklands and research fundamentals that make a sustainable suburb 06 Roma Street Parklands TRANSPORT – Population, Infrastructure and Employment. 07 Queensland Performing Arts Complex 16 Central Train Station 17 Transit Centre & Roma Street Train Station EDUCATION 18 North Quay CityCat Terminal 08 St James’ College 09 Queensland University of Technology 10 Brisbane Girls Grammar School 02 10 11 University of Queensland Sourced: Urbis Report, Outlook Spring Hill. September 2014. [ 6 ] [ 7 ] Sourced: Urbis Report, Outlook Spring Hill. September 2014. INFRASTRUCTURE & EMPLOYMENT [ EMPLOYMENT ] Kelvin Grove [ INFRASTRUCTURE ] Spring Hill will be in the centre of over Infrastructure investment will provide a catalyst 8,420 CURRENT JOBS 11,348 JOBS BY 2031 2, 928 NEW JOBS 205,000 proposed new jobs by 2031. for population growth and residential demand. Spring Hill is favourably positioned in the centre of some Herston of Brisbane’s major employment nodes. Located next ROYAL BRISBANE HOSPITAL to the Brisbane CBD, the most important employment 11,577 CURRENT JOBS 19,177 JOBS BY 2031 7,600 NEW JOBS TRANSAPEX MASTER PLAN 929 BEDS generator in Queensland, employment within the region $10 BILLION (TOTAL PROJECT VALUE) is forecast to grow by over 205,000 new jobs by 2031. The Royal Brisbane and Women’s Hospital is the Residents of Spring Hill are in proximity to a number Spring Hill’s proximity to major employment nodes, Spring Hill largest tertiary referral hospital in Queensland. of entry and exit points within the TransApex road coupled with major infrastructure investment and organic 04 Encompassing 53 buildings and covering 17.7 01 employment growth will provide a strong catalyst for network, a multibillion dollar tunnel project which 19,610 CURRENT JOBS 23,008 JOBS BY 2031 3,398 NEW JOBS hectares, the site employs more than 7,450 staff enables reduced travel times to the CBD, the growth in the local residential market. and admits over 90,000 people every year. Airport and south of the Brisbane River. The project is the biggest urban road network infrastructure Brisbane CBD development in Australia and all components are complete except for Legacy Way, which is due for BaT (BUS AND TRAIN) PROJECTS 156,545 CURRENT JOBS 222,178 JOBS BY 2031 65,633 NEW JOBS completion in 2015. $5 BILLION The Queensland Government is progressing plans Fortitude Valley QUEENS WHARF for the construction of an underground bus and train 05 tunnel project (the BaT project) linking South Brisbane, $4 BILLION the CBD, Roma Street and Bowen Hills. Initial 18,859 CURRENT JOBS 32,362 JOBS BY 2031 13,493 NEW JOBS Queens Wharf is to be a world class development construction is due to commence in late 2015, 02 located on state-owned land between the Brisbane with operation planned to begin in 2021. River, George, Alice and Queen Streets in the heart Bowen Hills of Brisbane City. The project will offer a mix of new uses such as six star hotels, retail, restaurant 9,607 CURRENT JOBS 110,00 JOBS BY 2031 50,000 NEW JOBS and entertainment zones, theatre and convention BRISBANE SHOWGROUNDS facilities and new open spaces $2.9 BILLION The Brisbane Showgrounds will be one of Brisbane’s Australian Trade Coast AUSTRALIA TRADECOAST largest inner city renewal projects since South Bank. 06 Staged over a development period of 15 years, 60,000 CURRENT JOBS 110,000 JOBS BY 2031 1,464 NEW JOBS $6 BILLION the completed development will offer a wide range The Australia TradeCoast (ATC), incorporating the of uses including open space, retail, residential Port of Brisbane, Brisbane Airport and surrounding 03 living, commercial office, convention facilities and Total industrial areas is the largest and fastest-growing hotel accommodation. industry and commercial precinct in Australia. In the past five years, ATC and its partners have 285,962 CURRENT JOBS 491,879 JOBS BY 2031 205,935 NEW JOBS invested more than $1 billion (AUD) in infrastructure development and are committed to investing a further $5 billion over the next ten years. Sourced: Urbis Report, Outlook Spring Hill. September 2014. [ 8 ] [ 9 ] Sourced: Urbis Report, Outlook Spring Hill. September 2014. SPRING HILL BRISBANE LGA DEMOGRAPHIC MEDIAN AGE SNAPSHOT OF RESIDENTS 30 34 MARRIED % % RESIDENTS 19 45 Population estimates from the Queensland Government forecast that the population of Inner Brisbane will grow by EMPLOYED % % over 41,500 new residents between 2013 and 2031; AS PROFESSIONALS 38 29 equating to approximately 2,316 new residents annually. Historically, population projections have been conservative WALK TO % % and it is possible that the actual population growth going WORK 44 4 forward will exceed the figures provided by The Queensland Office of Economic and Statistical Research. COUPLE FAMILY % % (no children) 60 38 This strong population growth, historical and forecast, paired with large scale infrastructure spending bode well for OCCUPIED DWELLING % % continued population growth in Spring Hill. Geographically OWNED OUTRIGHT 12 28 constrained, this projected population growth is likely to drive the strong demand for dwellings in Spring Hill. MEDIAN WEEKLY $ $ HOUSEHOLD INCOME 1,613 1,547 [ WHO LIVES IN SPRING HILL ] RESIDENTS AGED % % Nearly half of Spring Hill residents are aged 20-34 50 26 20 to 34 SPRING HILL ESTIMATED AND PROJECTED POPULATION SPRING HILL AGE DISTRIBUTION 120,000 25% Spring Hill 110,000 105,896 Brisbane LGA 95,428 20% 100,000 90,000 86,376 15% 80,000 72,564 70,000 64,202 57,761 10% 60,000 45,840 50,000 5% 40,000 30,000 PROPORTION POPULATION PROPORTION 0% ESTIMATED AND PROJECTED POPULATION ESTIMATED 20,000 5-9 0-4 85+ 2011 2021 2031 2003 2004 2005 2006 2007 2008 2009 2010 2012 2013 2014 2015 2016 2017 2018 2019 2020 2022 2023 2024 2025 2026 2027 2028 2029 2030 10-14 15-19 35-39 20-24 25-29 40-44 45-49 50-54 55-29 60-64 65-69 70-74 75-79 80-84 30-34 PERIOD (ANNUAL) AGE DISTRIBUTION Sourced: Urbis Report, Outlook Spring Hill. September 2014. [ 10 ] [ 11 ] RESIDENTIAL MARKET BRISBANE APARTMENT INSIGHTS OFF-THE-MARKET SALES apartment settlements during the period. This represents annual capital 1. INNER BRISBANE Urbis provide an independent survey and analysis on the sale of new growth for apartments in the Spring Hill catchment of 4.6 per cent per APARTMENT INSIGHTS apartments within Brisbane’s inner city each quarter. The following annum over the past 10 years, a positive result despite the turbulent results for Inner Brisbane apartments and Inner North Apartments economic times experienced over the last five years. have been produced from the June quarter 2014 Brisbane Apartment The future rejuvenation of the area is expected to lift the residential 871 demand of the precinct and should result in quality apartment product SALES OVER THE Insights Report.