Heritage home and apartment complex on the same land up for massive combined auction

An entire apartment complex and a 138 year-old Queenslander on the same lot are up for sale – and the 30-bedroom property is only 4km from Brisbane’s CBD. The 2,500 sqm lot at 45 Lisson Gr, Wooloowin, was inherited by three siblings from their parents, who owned the Victorian-era home and built the apartments in 1996. Named ‘Mornington’, the heritage home was built in 1888, now one of the last properties of its kind in the state. There are 30 bedrooms in the property at 45 Lisson Gr, Wooloowin, split between three unit blocks and a heritage house – and it’s all up for sale under one lot. Meanwhile, the ‘Matthew Flinders Apartments’ complex sits on a corner block of the suburb, and generates more than $500,000 in gross rental income a year. Ray White Special Projects agent James Hanley said the block had an overwhelming amount of options for a potential buyer. “This is one of the best multi-family offerings we have seen hit the market in Brisbane,” he said. “[There are] 16 apartments, every one of them with two bathrooms; which is a unique feature for a complex of its age and size. The apartments on the upper levels also benefit from spectacular views of the Brisbane CBD.” Matthew F...