59 Salisbury St, Woolloongabba is a 5 bedroom, 3 bathroom House with 4 parking spaces and was built in 2018. The property has a land size of 405m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in December 2004.
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.
The size of Woolloongabba is approximately 2.5 square kilometres. There are 10 parks, covering nearly 2.5% of the total area. The population of Woolloongabba in 2016 was 5631 people. By 2021 the population was 8687 showing a population growth of 54.3% in the area during that time. The predominant age group in Woolloongabba is 20-29 years. Households in Woolloongabba are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woolloongabba work in a professional occupation.In 2021, 26.40% of the homes in Woolloongabba were owner-occupied compared with 31.70% in 2016.
Woolloongabba has 5,447 properties. Over the last 5 years, Houses in Woolloongabba have seen a 51.45% increase in median value, while Units have seen a 94.90% increase. As at 31 July 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.