473 Milton Road, Auchenflower, Qld 4066

FOR SALE

House
Type
5
Bedrooms
3
Bathrooms
1
Parkings
463 m²
Area

Published on Friday, September 25, 2026 ( See property details for 473 Milton Road, Auchenflower, Qld 4066)

FOR SALE

Samantha Briody Principal - Leading Sales & Rentals
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile character home on a 463m² block in Auchenflower offering two registered flats, a granny flat potential, and excellent investment prospects.

🏡 Property Highlights

  • Dual registered flats with established rental income
  • Additional granny flat potential for future income or accommodation
  • Well-maintained character property in sought-after Auchenflower
  • Sizeable shed for storage or workshop needs
  • Flexible investment opportunity with scope to update and enhance
  • Prime inner west Brisbane location with excellent amenities

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Shed
  • Water tank
  • Floorboards
  • Security Screens / Gates
  • Pet-Friendly
  • Fully fenced
  • Waterfront / Views
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473 Milton Road
Auchenflower, QLD 4066
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Vertical aerial view — 473 Milton Road
473 Milton Road — Vertical Aerial  •  Auchenflower, QLD 4066  •  Nearmap © 2026

Auchenflower is a highly sought-after Brisbane suburb known for its vibrant community, excellent transport links, proximity to the Brisbane CBD, lush parks, and a variety of local amenities. It offers a perfect blend of inner-city convenience and relaxed suburban living, making it ideal for investors and families alike.

Can I legally rent out the granny flat separately?
The granny flat's potential for separate rental or use depends on local council approvals and compliance with relevant regulations. Confirmation of lawful use and necessary approvals should be obtained before leasing separately.
What updates or renovations are recommended to enhance the property's value?
The property is well-maintained but offers scope for updates such as modernising interiors, enhancing outdoor spaces, or improving energy efficiency to increase its appeal and value.
Is there potential for future development or subdivision on this site?
Any development or subdivision potential would depend on local zoning laws and council regulations. It is advisable to consult with the local council for specific planning and development guidelines.
What are the ongoing costs associated with this property?
Ongoing costs may include council rates, maintenance, insurance, and any applicable strata or body corporate fees if relevant. Detailed cost estimates should be obtained from the seller or your financial advisor.
Are there any known issues or defects with the property?
The property is described as well-maintained; however, a thorough building and pest inspection is recommended to identify any hidden issues before purchase.
Are there any restrictions or covenants affecting the use of the granny flat or flats? Has the property been affected by flooding, bushfire risks, or other environmental hazards? Are there any upcoming developments or planning activities in the area that could impact the property? What are the total costs involved in obtaining all necessary approvals for the granny flat's use? Is there any history of disputes or issues with the registered flats or property boundaries? Are there any easements, rights of way, or zoning restrictions that could limit future modifications? What are the current council rates and any additional levies or fees applicable? Has the property been inspected for pests, structural issues, or other defects? Are there any existing warranties or guarantees on recent renovations or improvements? What is the history of the property's rental income and occupancy rates?

473 Milton Road, Auchenflower, Qld 4066 - More Details

FOR SALE

Set on 463m² in sought-after Auchenflower, this character property brings together two registered flats, additional granny flat accommodation and a sizeable shed, offering an appealing opportunity for buyers seeking established rental income and scope to make improvements over time.

The upstairs flat offers three bedrooms and one bathroom, while the downstairs flat provides one bedroom and one bathroom. Complementing the two registered flats is a one-bedroom granny flat, with future use and letting options subject to confirmation of the relevant local approvals.

Whether you are looking to add to your investment portfolio or explore the property’s longer-term possibilities, there is plenty here to consider.

The property boasts:
- 463m² allotment in Auchenflower
- Two registered flats plus additional granny flat accommodation
- Upstairs flat: three bedrooms, one bathroom, currently returning $625 per week
- Downstairs flat: one bedroom, one bathroom, $450 per week
- Granny flat potential - $350 per week
- Sizeable shed
- Well maintained property with opportunity to update and enhance over time.

With Brisbane’s inner west on your doorstep, this is a property with both an income story today and possibilities to explore for the future.

Contact Samantha Briody at Briody Realty for further information or to arrange your inspection.

***The property is a house with two registered flats plus a granny flat, not three approved independent flats. Any separate letting or alternative use of the granny flat is subject to confirmation of lawful use, relevant council and building approvals, and compliance requirements ***

Please note Floor plan to come soon.
Type
House
Bedrooms
5
Bathrooms
3
Parkings
1
Area
463 m²

Map & nearby places — 473 Milton Road, Auchenflower, Qld 4066

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