Rare Inner West Freehold Income, Position & Potential on Auchenflower
Expressions of Interest closing 5pm, Friday 12 December 2025 (unless sold prior).
408 Milton Road, Auchenflower QLD 4066
Commanding a prominent, flood-free position on one of Brisbane's busiest corridors, this mixed-use freehold pairs a ground-floor retail shopfront with generously proportioned, thick-walled studio apartments above. Spanning three levels, it provides dependable holding income with clear value-add pathways in a thriving city-fringe growth pocket.
Moments to Suncorp Stadium, Rosalie Village cafés, The Wesley Hospital, Milton Station and the CBD, the address sits amid active development across Milton/Auchenflowersupporting rental demand and long-term capital growth.
Highlights
- (Lot 1 RP79610) Mixed Use (MU2) zoning
- Ground-floor shopfront on Milton Rd (vacant): former chemist; 24/7 window-advertising potential.
- Lower-level: oversized studio with 3 office areas / 2-bath apartment with parking (converted from staff area)
- Mid-level (front & rear entry): 2 × large studio apartments (leased)
- Upper level (front & rear entry): 4 × large studio apartments (leased)
- Secure off-street parking; elevated, flood-free position
Minutes to stadium, cafés, hospital, rail and the CBD.
Surrounded by ongoing development activity across Milton/Auchenflower, underpinning demand and growth
Why this one
Scarcity: Rare to see a block of this scale so close to the city come to market.
Income + Upside: Existing leases deliver cash flow while you reposition, reconfigure or re-lease.
Proximity: Walkable to rail, hospitals, cafés, stadium and major employment hubs driving tenant appeal and leasing velocity.
Visibility: Milton Road frontage with high daily traffic for retail activation and signage.
All offers must be submitted in writing.
Conduct your due diligence now. Clean, well-presented contracts typically secure this type of property.
Features
cottageBlock of units
Happy sellers in Auchenflower
92%
sentiment_very_satisfied
92% of sellers in Auchenflower reported that their sale price either exceeded or met their price expectations.
Auchenflower stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 26 reviews in Auchenflower over the last 12 months.
Local market activity for block of units in Auchenflower
Sold
For Sale
For Rent
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