45 Lisson Grove, Wooloowin, Qld 4030

Block Of Units
Type
30
Bedrooms
20
Bathrooms
17
Parkings
2,500 m²
Area

Last updated on Friday, September 11, 2026 ( See property details for 45 Lisson Grove, Wooloowin, Qld 4030)

Auction

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A rare opportunity to acquire a prestigious, high-yield multi-family property with historic Queenslander residence in a prime Brisbane location.

🏡 Property Highlights

  • Prestigious multi-family offering with 16 well-maintained apartments and a historic Queenslander residence
  • Prime corner site of 2,500sqm with spectacular CBD views from upper apartments
  • High-profile, elevated land zoned Low Medium Density Residential with potential for strata subdivision
  • Strong rental income of $520,296 per annum with scope for growth
  • Excellent location just 2-3 minutes walk to Wooloowin Train Station and nearby retail precincts
  • Solid double brick construction built circa 1996 with spacious, upgraded layouts

✨ Key Features

  • Built in robes
  • Outdoor Area
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Garage / Secure Parking
  • Outdoor Area / Balcony
  • Fireplace
  • Pet-Friendly
  • High energy efficiency

Wooloowin is a vibrant Brisbane suburb renowned for its convenient access to the CBD, leafy streets, and a mix of historic and modern residences. The area offers excellent transport links, local retail centres, and cafes, making it ideal for both investors and residents seeking a thriving inner-city lifestyle. Its elevated position provides spectacular city views, enhancing its appeal. The community is family-friendly with parks and amenities nearby, ensuring a balanced urban environment.

What is the current rental income and potential for growth?
The property currently generates a gross rental income of $520,296 per annum, with significant scope to increase this figure through further leasing or development opportunities.
Are there any development or subdivision options available?
Yes, the property is set on a single title with potential to strata title and sell down, subject to council approval.
What are the key features of the Queenslander residence?
The Queenslander, built in 1888, features two bedrooms upstairs, an additional bedroom downstairs, a heritage-style ensuite with a clawfoot bath, a renovated kitchen, fireplace, and a self-contained living area with kitchenette and bathroom.
What amenities are nearby?
The property is within walking distance to Wooloowin Train Station, local retail centres, cafes, and parks, providing excellent convenience and lifestyle options.
What views does the property offer?
The apartments on the first and second storey offer spectacular CBD views, enhancing the property's appeal.
Are there any existing planning or zoning restrictions that could affect future development or subdivision? What are the council rates and any additional levies or fees applicable to the property? Are there any known structural issues or defects with the apartments or Queenslander residence? Is there any history of flooding or bushfire risk in this elevated location? Are there any easements, covenants, or restrictions on the land that could impact use or development? What are the terms and conditions regarding the potential strata subdivision and sale? Are there any upcoming planning or infrastructure projects in the vicinity that could affect the property? What are the current lease arrangements and expiry dates for existing tenants? Is there any ongoing maintenance or repair work required for the apartments or Queenslander? Are there any strata or body corporate fees associated with the property if subdivided?

45 Lisson Grove, Wooloowin, Qld 4030 - More Details

Auction

Ray White Special Projects (Qld) proudly offer to market 'Mornington & Mathew Flinders', a once in a generation opportunity to acquire one of Brisbane's most prestigious multi-family offerings.

Impeccably maintained by its long-term owners, the asset offers a rare two-bathroom configuration across the 16 residential apartments, positioned on a prominent corner land holding plus a charming Victorian era Queenslander.

Overall Highlights:
• 2,500sqm high-profile, elevated site zoned Low Medium Density Residential
• Corner position with significant frontage to Wooloowin Avenue and Lisson Grove
• Spectacular CBD views for 1st and 2nd storey apartments
• Matthew Flinders Apartments offer solid double brick construction, built circa 1996 plus two-bathroom configurations across the entire 16 apartments
• Meticulously maintained yard area, offering residents a leafy inner-city sanctuary
• Generous on-site parking for all tenancies
• All set on a single title - potential to strata title and sell down^
• Current gross rental of $520,296* p.a. with scope to significantly increase
• 2-3mins* walk to Wooloowin Train Station
• Adjoining neighbourhood retail centre and popular cafe

'Matthew Flinders Apartments'
Configured across three separate unit blocks of double brick construction, built in 1996*, the apartments feature upgraded roof & gutters plus and spacious layouts, including two bathrooms in every unit.

The apartment mix incorporates:

• 12 x two-bedroom, two-bathroom units
• 2 x three-bedroom, two-bathroom units
• 2 x one-bedroom, two-bathroom units

'Mornington' Homestead
A character-filled, two-level Queenslander originally constructed in 1888* to be the Brisbane residence for a renowned Western grazier. One of only two such residences extant in Brisbane.

Mornington Highlights:
• 2 x generously sized bedrooms upstairs and additional bedroom downstairs
• Master bedroom with walk-through robe and heritage-style ensuite, featuring a clawfoot bath
• Renovated upstairs kitchen plus a charming fireplace
• Additional office/study
• Downstairs living area, plus bathroom and kitchenette (self contained)
• In-ground pool and private, leafy outdoor living area with BBQ space and fenced yard

For Sale via Public Auction
Friday 9th October 2026 at 10am
Level 26, 111 Eagle Street, Brisbane City QLD 4000

*Approximately
^Subject to Council Approval
Type
Block Of Units
Bedrooms
30
Bathrooms
20
Parkings
17
Area
2,500 m²

Auctions

  • 45 Lisson Grove, Wooloowin, Qld 4030

    Friday 9 October
    10:00 am
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