54 Milsom Street, Coorparoo, Qld 4151

Best Offers by 21st July

Block Of Units
Type
8
Bedrooms
4
Bathrooms
4
Parkings

Published on Tuesday, June 30, 2026 ( See property details for 54 Milsom Street, Coorparoo, Qld 4151)

Best Offers by 21st July

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare investment opportunity offering four well-maintained units on a generous block in a highly sought-after Coorparoo location with strong income and future development potential.

🏡 Property Highlights

  • Entire block of four spacious two-bedroom units on a single title
  • Generous 809m² allotment with potential for future strata subdivision (STCA)
  • Strong rental income of approximately $108,000 per annum
  • Three units feature private yards and spacious entertaining decks
  • Recently upgraded electrical systems and air-conditioning throughout
  • Prime location within walking distance to train, buses, schools, and shopping

✨ Key Features

  • Garage
  • Air Conditioning
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Open-Plan Living
  • Extra Storage (Shed/Linen)
  • Walkability Score

Coorparoo is a vibrant inner-city suburb renowned for its excellent connectivity, diverse amenities, and strong community feel. Key features include easy access to public transport, top schools, and a lively lifestyle precinct at Coorparoo Square. The area offers a mix of character homes and modern developments, making it highly desirable for both tenants and investors. Its proximity to Brisbane CBD ensures ongoing demand, while local parks and shopping hubs provide a convenient and attractive lifestyle. Coorparoo continues to grow as a premier location for long-term investment and family living.

What is the current rental income and vacancy rate for these units?
The property currently generates approximately $108,000 per annum in gross rental income, with strong tenant demand in the area, resulting in a low vacancy rate.
Are there any existing planning or zoning restrictions for future development or strata subdivision?
Future strata subdivision is possible subject to council approval (STCA), and it is recommended to consult with local planning authorities for specific zoning regulations.
What recent upgrades have been made to the property?
The units have undergone electrical upgrades and the installation of air-conditioning in recent years, enhancing comfort and safety.
Is the property suitable for multi-generational living or family investment?
Yes, the property’s configuration of four units with private yards and spacious living areas makes it ideal for multi-generational living or family syndicates.
What amenities and transport options are available nearby?
The property is within walking distance to Coorparoo Train Station, bus services, schools, shopping precincts, and local cafes and restaurants at Coorparoo Square.
Are there any existing easements, covenants, or planning restrictions affecting the property? What are the potential costs associated with future strata subdivision or development? Are there any known issues with the electrical systems or air-conditioning units? Has the property been affected by any flooding or bushfire risks in the past? Are there any upcoming council or community development plans that could impact the property or its value? Is there any history of pest or structural issues within the units? What are the ongoing maintenance costs for the property and individual units? Are there any strata or body corporate fees applicable if the property is subdivided? What are the zoning regulations and potential restrictions for future use or development? Are there any noise or neighbour-related concerns in the immediate vicinity?

54 Milsom Street, Coorparoo, Qld 4151 - More Details

Best Offers by 21st July

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 809m² 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 809m² 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 cafés, 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.

Type
Block Of Units
Bedrooms
8
Bathrooms
4
Parkings
4
House Size
809 m²

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