Home/Properties/Woolloongabba/59 Salisbury Street
59 Salisbury Street, Woolloongabba$1.95m
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59 Salisbury Street

Woolloongabba, QLD 4102, Australia
$1.95m
5 bed 3 bath 4 car405 m²

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About this property

Positioned in one of Brisbane's fastest-growing inner-city precincts, this exceptional dual-residence property presents an incredibly rare opportunity to secure two fully independent homes on a single title in the heart of Woolloongabba. Perfectly suited to investors, multigenerational families, owner-occupiers seeking passive income, executive professionals, or those seeking flexible dual-livingarrangements, 59 Salisbury Street delivers outstanding versatility, strong rental returns, and premium long-term growth potential just minutes from the CBD, hospitals, transport, South Bank, and the Gabba Olympic precinct. Set across a low-maintenance 405sqm allotment with dual street access and two separate driveways, each residence enjoys complete independence, private entry, generous parking, soaring high ceilings, and timeless character detailing blended with modern convenience. House 1 - Fully Renovated Character Residence 2 spacious bedrooms 1 renovated bathroom Covered car accommodation Fully renovated throughout Split-system air conditioning New appliances Hardwood timber floors and original character windows Exceptional storage throughout Private entrance and driveway Estimated rental return: $800-$850 per week House 2 - Modern Character-Inspired Executive Residence 3 oversized bedrooms with built-in wardrobes 2 bathrooms including ensuite Ducted reverse-cycle air conditioning Covered parking for 3 vehicles Character-style new build completed approximately 8 years ago Hardwood floors and premium finishes throughout Soaring 12-foot ceilings Independent access and private driveway Estimated rental return: $1,000-$1,100 per week Property Highlights Two fully self-contained homes on one title Combined potential rental income of approximately $1,800-$1,950 per week Dual street frontage and dual driveways Fully independent living arrangements Strong appeal for investors and multigenerational living Rare high-yield inner-city asset Character charm combined with modern construction Walking distance to transport, cafes, hospitals, and entertainment precincts Minutes to Brisbane CBD, South Bank, PA Hospital, Mater Hospital, and elite schooling Properties of this calibre and flexibility are exceptionally rare in Woolloongabba and offer a unique combination of lifestyle, income generation, and future capital growth in one of Brisbane's most tightly held locations. An outstanding opportunity to secure a premium dual-income asset in a suburb undergoing significant long-term transformation and infrastructure investmentahead of the Brisbane 2032 Olympic Games.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
5
Bathrooms
3
Parking
4
Land Area
405 m²
Listed
2 months ago

Repayment calculator

$9,454/month
$4,727 /fortnight
Loan $1,560,000 at 6.10% over 30 years

Upfront costs

Deposit$390,000
Stamp duty$92,650
Conveyancing (est.)$2,000
Total upfront$484,650
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Woolloongabba

This 5-bedroom house in Woolloongabba, QLD 4102 sits within reach of public transport, local shops and nearby schools. It is listed 129% above the $850,000 median of 62 comparable houseswithin 5 km.

Schools near Woolloongabba

  • Narbethong State Special Schoolcombined · Prep-12 · CoEd
  • Buranda State Schoolprimary · Prep-6 · CoEd

What's nearby

  • Kingfisher Creek near Norman St (bus)501 m away
  • Petbarn870 m away
  • Langlands Park32 m away
  • Preston Street Park106 m away
  • Unnamed213 m away

Woolloongabba at a glance

Full suburb profile
Population
8,687
Median age
29
Household income
$1,863/wk
Median rent
$440/wk
Median mortgage
$2,000/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Woolloongabba price trend

Median sold · House 3 bed

Compound growth +3.9% / yr over 4 yrs

$1.40mcurrent median

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