483 Milton Road
Auchenflower, QLD 4066

Overview

Prime Commercial Investment!

This commercial property presents a prime investment opportunity with immediate income potential, vacant possession, and flexible dual tenancy options. Located on a substantial 928 square meter allotment with prominent exposure to Milton Road, the property offers exceptional visibility, making it ideal for investors seeking both immediate returns and long-term capital growth.

The property features a contemporary and stylish fit-out, with a long-term tenant in place ensuring income from day one. The dual tenancy configuration allows for renting out one floor while occupying the other or leasing both floors separately, providing flexibility to maximize rental income.

Vacant possession is also available, with the property having been continuously occupied for over 20 years, offering peace of mind and options for buyers. The entry-level floor includes a 27 square meter reception area, a boardroom, five offices, two multipurpose rooms, a kitchenette, storage space, and a fully equipped bathroom with a shower and an adjacent powder room.

The lower level comprises a reception area, two offices, a boardroom, a kitchenette with a meals area, and two powder rooms, making it suitable for multiple tenants or a large team. Additional features include air conditioning throughout, polished timber floors, an internal staircase linking the two levels (which can be easily separated), a security system, individually zoned spaces, and over 10 off-street car parking spaces.

Conveniently located with excellent transport links, the property is just seven minutes from the Brisbane CBD, 700 meters from Auchenflower Station, and close to bus routes, Wesley Hospital, and Toowong Private Hospital.

Future potential includes options to expand or redevelop the site, subject to council approval, or to continue holding the property to benefit from capital growth alongside ongoing rental income.

This is a rare opportunity to acquire a high-visibility, income-generating commercial property that offers stability, flexibility, and long-term growth potential. Inspections are by appointment only.

Location