In-Room Auction
Location: 5/156 Boundary St, West End
Thursday 2nd April 2026 @ 11am
Positioned on a single title, 1-4 / 59 Rigby Street presents a rare and exciting opportunity for investors seeking to secure a solid multi income property in a well connected location.
Comprising four self contained units, this property offers strong investment appeal with multiple rental streams and long term growth potential. Opportunities to purchase an entire block of units are increasingly scarce, making this a highly attractive option for investors looking to expand their portfolio with a single acquisition.
Each residence provides a practical and functional layout designed for comfortable living, featuring light filled interiors and low maintenance spaces suited to tenants seeking convenience and affordability.
The property's configuration allows for diversified rental income, helping to reduce vacancy risk while delivering consistent returns.
Situated in a convenient location, residents enjoy easy access to local shops, cafés, public transport, parks, and essential amenities. With strong demand for rental properties in well located suburbs, this opportunity offers both immediate income and long term upside.
Property Highlights
Ideal for interstate investors to buy, rent out and benefit from Brisbane's capital growth driven by infrastructure upgrades and Olympic city status
Suitable for local buyers and value-add investors looking to increase rental yields via Airbnb, student accommodation, or potential NDIS/SDA conversion (STCA) - presenting an opportunity for significant boost to cash flow.
Excellent fit for SMSF buyers - secure your retirement with a high-quality and blue-chip asset.
Excellent location:
Easy walking access to Ipswich Road amenities
Nearby bus stops via Ekibin Rd East
Quick commute to the Brisbane CBD
Quick drive to Sunnybank Hills, offering one of Brisbane's best and most diverse food scenes.
Easy access to the freeway with a smooth drive to the Gold Coast
Safe and secure investment in uncertain times, offering stable capital growth and solid rental returns
Renovated units to a high standard, attracting strong rental returns and high-quality tenants.
4 x Fully renovated units include: 2-bedroom units each incl. internal laundry; single title; block size 814 sqm, plus 4 car garages and a storage room.
Unit 1: washing machine, dryer, dishwasher, air conditioners
Unit 2: washing machine, dryer, dishwasher, air conditioners and some additional furniture: couch, table, bed frame
Unit 3: washing machine, air conditioner
Unit 4: washing machine, air conditioner
Common area:
backyard, additional common laundry area, store room
Additional points:
Low maintenance asset with minimal ongoing upkeep
Strong tenant demand in a tightly held inner city Brisbane suburb
Close to major hospitals, universities and employment hubs
Proven rental history with immediate income
Scarce investment stock in a high growth area
Flexible investment with multiple exit or value add options
Current Income - Approx $116,000 pa
Current Outgoings - Approx $12,000 pa
Blocks of units like this are tightly held and rarely offered to the market.
This one won't last long, Contact Michael Nolan today for more information!
