54 Milsom Street, Coorparoo, QLD 4151

Offered to the market for the first time in over 30 years, this tightly held investment opportunity presents an entire block of four spacious two-bedroom units on a single title, positioned on a generous 809m allotment in one of Coorparoo's most sought-after and well-connected pockets.

Held by the current owner since 1995, the property has been carefully maintained and improved throughout its ownership. Approximately 20 years ago, the units underwent significant kitchen and bathroom upgrades, and in more recent years the complex has benefited from electrical improvements and the installation of air-conditioning, enhancing tenant comfort and ongoing appeal.

Providing an immediate gross rental income of approximately $108,000 per annum, this is a rare opportunity to secure a substantial landholding with four established income streams in a blue-chip inner-city location.

Adding to the appeal, three of the four units enjoy generous private yards and spacious entertaining decks-features rarely found in traditional unit complexes and highly sought after by tenants.

Whether you are looking to landbank, explore future strata titling potential (STCA), invest alongside family members, or simply secure a quality long-term asset with strong income, opportunities like this are few and far between.

Property Features:

- Entire block of 4 x two-bedroom units on one title

- Generous 809m allotment

- Four lock-up garages (one allocated to each unit)

- Approximate gross rental income of $108,000 per annum

- Held by the same owner since 1995

- Electrical upgrades completed in recent years

- Air-conditioning installed throughout the complex

- Three units feature private fenced yards and spacious entertaining decks

- Strong tenant appeal in a tightly held location

- Potential future strata subdivision (STCA)

- Ideal for investors, family syndicates or multi-generational ownership

- Walk to train, buses, schools and shopping precincts

- Approximately 5km from Brisbane CBD

- Outstanding Lifestyle & Connectivity

Situated in a highly desirable pocket between Coorparoo and Norman Park, residents enjoy exceptional convenience with Coorparoo Train Station within easy walking distance, along with excellent bus services and direct road links to the CBD and surrounding suburbs.

The property is located within the catchment areas for Coorparoo State School and Coorparoo Secondary College, making it an attractive option for long-term tenants and future owner-occupiers alike.

Just minutes away, Coorparoo Square has become the suburb's vibrant lifestyle hub, featuring Dendy Cinemas, Aldi supermarket, popular cafes, bars, restaurants and boutique retail offerings.

Positioned approximately 5 kilometres south-east of Brisbane's CBD, Coorparoo continues to experience strong demand due to its combination of lifestyle convenience, quality schooling, public transport options and proximity to major employment centres.

A complete block of four income-producing units in this location is an exceptionally rare offering.