159 Rainbow StreetSandgate QLD 4017
Property Details for 159 Rainbow St, Sandgate
159 Rainbow St, Sandgate is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 339m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in June 2006.
Last Listing description (October 2026)
Positioned on a prominent corner block with excellent street exposure, 159 Rainbow Street presents a rare opportunity for buyers seeking flexibility, character, and future potential. With Mixed Use zoning (STCA), this classic Queenslander offers the unique ability to combine residential living with commercial possibilities.
Whether you're an entrepreneur looking to run a home-based business, an investor seeking a versatile asset, or a buyer ready to transform a character home into your forever residence, this property provides the perfect foundation.
The existing Queenslander is brimming with charm and opportunity. With the right vision, the home could be lifted and renovated to create additional space underneath while preserving the character and charm that makes these homes so desirable. The generous corner position provides outstanding accessibility and visibility, making it ideal for a variety of business uses.
Imagine operating a boutique garden caf, wellness studio, massage practice, consulting rooms, or creative workspace from home while enjoying the lifestyle benefits of living in one of the area's most vibrant locations.
For first home buyers and renovators, this is a chance to breathe new life into a classic home and create something truly special. With thoughtful renovation, this Queenslander could be transformed into a stunning forever home that blends timeless character with modern living.
Property Highlights:
Mixed Use zoning allowing residential and commercial opportunities (STCA)
Prominent corner block offering excellent visibility and access
Classic Queenslander full of character and renovation potential
Opportunity to lift and extend the home to maximise space
Ideal for home businesses such as cafs, wellness studios, consulting rooms and more
Short walk to the waterfront, shops, public transport and the Full Moon Hotel
Excellent opportunity for first home buyers, renovators, or investors
Properties with this level of flexibility are increasingly rare. Whether you're looking to live, work, invest, or create something unique, 159 Rainbow Street offers the canvas to make it happen.
Buyers should conduct their own due diligence with the relevant council authorities regarding zoning and permitted uses.
Property History for 159 Rainbow St, Sandgate, QLD 4017
- 11 Mar 2026Listed for Sale For Sale
- 22 Feb 2018Listed for Rent $350 / week
- 20 May 2016Listed for Rent $350 / week
Recent sales nearby
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0About Sandgate 4017
The size of Sandgate is approximately 3.2 square kilometres. There are 12 parks, covering nearly 40.3% of the total area. The population of Sandgate in 2016 was 4909 people. By 2021 the population was 4926 showing a population growth of 0.4% in the area during that time. The predominant age group in Sandgate is 50-59 years. Households in Sandgate are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sandgate work in a professional occupation.In 2021, 63.60% of the homes in Sandgate were owner-occupied compared with 60.90% in 2016.
Sandgate has 2,336 properties. Over the last 5 years, Houses in Sandgate have seen a 40.54% increase in median value, while Units have seen a 197.76% increase. As at 31 October 2026:
- The median value for Houses in Sandgate is $1,361,636 while the median value for Units is $787,463.
- Houses have a median rent of $770 while Units have a median rent of $420.
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