1-4/59 Rigby Street
Annerley, QLD 4103

Overview

Rare Multi-Unit Investment Opportunity

This property presents a unique investment opportunity with a block of four self-contained units, ideal for investors looking to secure a multi-income property in a well-connected area. Each unit features a practical layout designed for comfortable living, with light-filled interiors and low-maintenance spaces that appeal to tenants seeking convenience and affordability.

Located on a single title, this property allows for diversified rental income, reducing vacancy risk while providing consistent returns. The demand for rental properties in well-located suburbs is strong, making this an attractive option for both immediate income and long-term growth potential.

Property highlights include:

• Ideal for interstate investors looking to benefit from Brisbane's capital growth driven by infrastructure upgrades and the upcoming Olympic city status.
• Suitable for local buyers and value-add investors aiming to increase rental yields through options like Airbnb, student accommodation, or potential NDIS/SDA conversion (subject to council approval).
• Excellent fit for SMSF buyers seeking to secure a high-quality asset for retirement.
• Conveniently located with easy access to local shops, cafés, public transport, parks, and essential amenities.
• Strong tenant demand in a tightly held inner-city Brisbane suburb.
• Proven rental history with an approximate current income of $116,000 per annum and current outgoings of approximately $12,000 per annum.

This property is a rare find in a high-growth area, making it a valuable addition to any investment portfolio. Blocks of units like this are tightly held and rarely offered to the market, so this opportunity is not to be missed.

Location