1 Rigby Street

Annerley QLD 4103

In-Room AuctionLocation: 5/156 Boundary St, West EndThursday 2nd April 2026 @ 11amPositioned 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, cafs, 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 HighlightsIdeal for interstate investors to buy, rent out and benefit from Brisbane's capital growth driven by infrastructure upgrades and Olympic city statusSuitable 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 amenitiesNearby bus stops via Ekibin Rd East Quick commute to the Brisbane CBDQuick 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 CoastSafe and secure investment in uncertain times, offering stable capital growth and solid rental returnsRenovated 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 conditionersUnit 2: washing machine, dryer, dishwasher, air conditioners and some additional furniture: couch, table, bed frameUnit 3: washing machine, air conditionerUnit 4: washing machine, air conditioner Common area: backyard, additional common laundry area, store roomAdditional points:Low maintenance asset with minimal ongoing upkeepStrong tenant demand in a tightly held inner city Brisbane suburbClose to major hospitals, universities and employment hubsProven rental history with immediate income Scarce investment stock in a high growth areaFlexible investment with multiple exit or value add optionsCurrent Income - Approx $116,000 paCurrent Outgoings - Approx $12,000 paBlocks 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!