58 Mollison Street, South Brisbane, QLD 4101 | Property Value & History | OnTheHouse
OFF MARKET

58 Mollison Street
South Brisbane QLD 4101

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 304m2
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Property Details for 58 Mollison St, South Brisbane

Building Type
Commercial
Land Size
304m2
Local Government
Brisbane
Lot/Plan
70/RP10790

Last Listing description (August 2026)

58 Mollison Street, South Brisbane, a rare and unique opportunity to secure one of South Brisbanes most recognisable and tightly held properties, 58 Mollison Street formerly home to the famous Three Monkeys.Offered to the market for the first time in 27 years, this landmark freehold presents a unique combination of significant holding income, prominent positioning and future upside in one of Brisbanes most tightly held inner-city precincts.Positioned directly opposite the entrance to West Village and at the intersection of Mollison and Boundary Streets, the property benefits from exceptional exposure, strong pedestrian and vehicle traffic and immediate access to the vibrant West End, South Brisbane and Southbank lifestyle precincts.KEY HIGHLIGHTS Prominent 304m freehold landholding* 284sqm of NLA across two levels Additional 166sqm of exclusive license area Significant holding income providing immediate investment value Iconic South Brisbane landmark with strong local history Exceptional exposure to the Mollison Street / Boundary Street intersection with 700 metre to the Qld Cultural Arts Precinct housing the State's Performing Arts, Museum and Library. Directly opposite the entrance to West Village and Adjoining Coles Anchored Soda Factory Versatile two-storey building with established hospitality infrastructure Fully fitted commercial kitchen and bar/caf infrastructure Flexible potential for hospitality, retail, office or alternative uses (STCA) Strong future development and repositioning potential Short walk to all major public transport options of Brisbane Metro bus network, rail, Cross River Rail the CBD to South East QueenslandThe property retains the distinctive character and atmosphere that made The Three Monkeys a long-standing South Brisbane institution. The existing improvements feature an eclectic blend of timber finishes, ambient lighting, character elements and established hospitality infrastructure.A combination of indoor dining and entertaining areas is complemented by a private, leafy courtyard, creating a versatile offering for an owner-occupier, hospitality operator or investor.Importantly, the property provides significant holding income, allowing an incoming purchaser to acquire a character asset with an existing income stream while considering its longer-term repositioning, refurbishment or redevelopment potential.THE OPPORTUNITYWhether seeking a secure investment with holding income, an owner-occupier opportunity, a hospitality venue or a future repositioning/development play, 58 Mollison Street offers an exceptionally rare opportunity to acquire a genuine South Brisbane landmark.Opportunities of this calibre and character are seldom offered to the market particularly with significant holding income and such a prominent position.Enquire today to arrange an inspection or obtain further information from the exclusive marketing agents.*Approximate

Property History for 58 Mollison St, South Brisbane, QLD 4101

A timeline of how this property has performed in the market
Last Transferred
$445,000
13 Feb 2013
Listed for Rent
$1.63k/w
29 Jun 2022
  • 18 Aug 2026
    Listed for Sale Offers Over $1,700,000
  • 29 Apr 2026
    Listed for Sale Expressions Of Interest
  • 06 Apr 2022
    Listed for Rent $85,000 / year
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About South Brisbane 4101

The size of South Brisbane is approximately 2.3 square kilometres. There are 14 parks, covering nearly 12.6% of the total area. The population of South Brisbane in 2016 was 7196 people. By 2021 the population was 14292 showing a population growth of 98.6% in the area during that time. The predominant age group in South Brisbane is 20-29 years. Households in South Brisbane are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Brisbane work in a professional occupation.In 2021, 27.40% of the homes in South Brisbane were owner-occupied compared with 29.60% in 2016.

South Brisbane has 10,558 properties. Over the last 5 years, Houses in South Brisbane have seen a 42.09% increase in median value, while Units have seen a 82.89% increase. As at 31 July 2026:

  • The median value for Houses in South Brisbane is $1,855,981 while the median value for Units is $955,971.
  • Houses have a median rent of $795 while Units have a median rent of $805.
There are currently 51 properties listed for sale, and 21 properties listed for rent in South brisbane on OnTheHouse. According to Cotality's data, 427 properties were sold in the past 12 months in South brisbane.

Suburb Insights for South Brisbane 4101

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.