Yep.

This used to be the Park Hotel in Spring Hill. We’ve now bought it - it will be used as accommodation for people at risk of homelessness. A fantastic solution to make greater use of under-utilised spaces now. Jonty Bush - Member for Cooper

And the official statement: https://statements.qld.gov.au/statements/99167

Here’s where it is: https://maps.app.goo.gl/DaG2PNFs8TnqKGfv6?g_st=ic