351 Milton Road, Auchenflower
Listing data updated 27 July 2026
A rare inner-city holding delivering two substantial standalone residences, already generating strong combined income of approximately $115,000 per annum, with significant long-term redevelopment and capital growth upside just minutes from Brisbane CBD. Positioned along the high-exposure Milton Road corridor, this exceptional asset comprises two full-scale homes, offering a combined 10 bedrooms, 4,5 bathrooms, dual lock-up garage plus multiple off-street parking spaces — an extremely rare feature in this tightly held inner-west pocket with elevated city outlook. Perfect for investors seeking immediate cash flow, land bankers, or those exploring multi-occupancy or future redevelopment strategies, this is a flexible and high-performing holding in a proven growth location. Moments to The Wesley Hospital, Milton Station, Suncorp Stadium, Rosalie Village cafés and Brisbane CBD, the property sits within one of Brisbane’s most consistently high-demand rental precincts, underpinned by ongoing urban renewal and infrastructure growth. KEY FEATURES YOU WILL LOVE: • Rare Dual-Income Stream: Two fully standalone residences—maximize your rental yield. • Eco-Friendly & Cost-Efficient: Both residences are equipped with independent solar power systems, drastically reducing ongoing holding costs. • Elevated Position: Capitalize on breezy, elevated positions boasting stunning views towards the Brisbane City skyline. • Premium Location & High Demand: Unbeatable proximity to Brisbane CBD, The Wesley Hospital, Milton Train Station, Suncorp Stadium, and the vibrant Rosalie Village cafés. • High-Yield Tenant Profile: Perfect layout attracting premium rents from corporate professionals, medical staff, or large families. • Future Development Upside: Significant land holding with immense potential for future re-development, capital growth, and more. ABOUT TWO STANDALONE RESIDENCES: Combined total: 10 bedrooms, 4.5 bathrooms • Residence 1: 5 bedrooms, 2.5 bathrooms, double lock-up garage • Residence 2: 5 bedrooms, 2 bathrooms, single lock-up garage Strong off-street parking allocation (rare inner-city advantage) INCOME SUMMARY: • House 1: $1,100 per week • House 2: $1,220 per week Total: $2,320 per week Approx. annual income: $115,000+ Potential upside through rental optimisation or repositioning strategy WHY THIS PROPERTY Immediate income + long-term upside. A rare opportunity to secure two substantial homes on one inner-city parcel with strong holding income today and multiple strategic pathways for tomorrow. Opportunities like this in Auchenflower are tightly held and increasingly difficult to replicate, particularly at this scale and proximity to the Brisbane CBD. Disclaimer: We have used our best endeavours to ensure the information contained in this advertisement is true and accurate but accept no responsibility for any errors or omissions. Prospective purchasers are encouraged to conduct their own enquiries.
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