Located at 45 Lisson Grove and 9 Wooloowin Avenue, the 2,500sqm property sits on a corner block just four kilometres from the Brisbane CBD, with a rare 19th-century home sharing the same title as the apartment complex, known as the ‘Matthew Flinders Apartments’.
Ray White Special Projects agents James Hanley and Andrew Burke are handling the sale.
"This is one of the best multi family offerings we have seen hit the market in Brisbane," Mr Hanley said.
"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.”
The complex sits on a corner block zoned for future development, generating a gross rental income of $520,296 a year.
Also included in the sale is Mornington, a two-storey Victorian Era Queenslander built in 1888 for a Western Queensland grazier.
Mr Hanley said Mornington is one of only two homesteads left standing in Brisbane, the other being the Miegunyah house museum in Bowen Hills.
It features three bedrooms, clawfoot bath, a renovated kitchen, signature high ceilings and leafy front yard.
"A prospective buyer could choose to live in it, renovate, continue to rent it out, or seek to subdivide it separately from the apartments," Mr Hanley said.
The auction will be held at Level 26, 111 Eagle Street, Brisbane City, at 10am on Friday, 9 October 2026.