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Overview
59 Salisbury Street
Positioned in one of Brisbane's fastest-growing inner-city precincts, this exceptional dual-residence property offers a rare opportunity to own two fully independent homes on a single title in the heart of Woolloongabba.
This property is ideal for investors, multigenerational families, owner-occupiers seeking passive income, executive professionals, or anyone looking for flexible dual-living arrangements. Located just minutes from the CBD, hospitals, transport, South Bank, and the Gabba Olympic precinct, it promises outstanding versatility, strong rental returns, and premium long-term growth potential.
Set on a low-maintenance 405 square meter allotment with dual street access and two separate driveways, each residence enjoys complete independence with private entry, generous parking, soaring high ceilings, and timeless character detailing combined with modern conveniences.
House 1 - Fully Renovated Character Residence
- Two spacious bedrooms
- One 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 to $850 per week
House 2 - Modern Character-Inspired Executive Residence
- Three oversized bedrooms with built-in wardrobes
- Two bathrooms including ensuite
- Ducted reverse-cycle air conditioning
- Covered parking for three vehicles
- Character-style new build completed approximately eight years ago
- Hardwood floors and premium finishes throughout
- Soaring 12-foot ceilings
- Independent access and private driveway
- Estimated rental return: $1,000 to $1,100 per week
Property Highlights
- Two fully self-contained homes on one title
- Combined potential rental income of approximately $1,800 to $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, offering a unique combination of lifestyle, income generation, and future capital growth in one of Brisbane's most tightly held locations.
This is an outstanding opportunity to secure a premium dual-income asset in a suburb undergoing significant long-term transformation and infrastructure investment ahead of the Brisbane 2032 Olympic Games.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Woolloongabba QLD 4102
Market Insights for Woolloongabba QLD 4102
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