*** INSPECTIONS BY PRIVATE APPOINTMENT ONLY ***
A truly rare and versatile opportunity, this expansive 1,591m² property in the heart of Salisbury offers two separate dwellings on one lot—a highset home positioned at the rear and a large hall at the front. Properties of this size so close to Brisbane CBD are incredibly hard to come by, making this an exciting prospect for homeowners, investors, or developers looking to secure a substantial landholding with future potential (STCA). Whether you choose to landbank, generate rental income, or explore redevelopment options, this property presents endless possibilities.
Nestled at the rear of the block, the highset three-bedroom home is both private and functional, featuring polished timber floors, a spacious lounge and dining area, and a spa bath in the bathroom. The lower level includes a rumpus/family room, a large laundry with storage, and under-house storage, offering additional space and flexibility. The fully fenced, leafy yard provides a peaceful retreat, while solar hot water enhances efficiency, (currently generating $550 rent per week in rental income). With a generous block size, there’s potential to extend, reconfigure, or explore further development options (STCA).
At the front of the property sits “The Salisbury Centre”, a large, fully equipped hall that has been rented to a long-standing community group for personal growth for over 40 years, currently generating $1,220 per month in rental income. Featuring a kitchen, air-conditioning units, ceiling fans, and expansive open space, this versatile building presents a unique opportunity. Whether you continue leasing, operate a business, establish a creative space, or convert it to dual living accommodation (STCA), the options are vast. The sheer size of this property, coupled with its rare configuration, makes it an exceptional opportunity to invest, develop, or hold for future gains.
Key Features:
House (Rear Dwelling):
• Highset home positioned privately at the rear
• 3 bedrooms upstairs with polished timber floors
• Lounge and dining area filled with natural light
• Rumpus/family room downstairs for extra living space
• Spa bath in bathroom for added comfort
• Large laundry with built-in storage
• Under-house storage for extra convenience
• Solar hot water to reduce energy costs
• Fully fenced, leafy yard offering privacy and space
• Currently generating $550 per week in rental income
Hall (Front Dwelling - "The Salisbury Centre"):
• Large separate hall with kitchen, air-conditioning, and ceiling fans
• Expansive open space adaptable for various uses
• Ideal for continued rental, business operations, or dual living conversion (STCA)
• Currently leased for $1,220 per month (long-term community tenant)
Additional Features:
• Two separate properties on one expansive 1,591m² lot
• Off-street parking for multiple vehicles for added convenience
• Rare landholding with development potential (STCA)
• Prime location in Salisbury, close to Brisbane CBD
Salisbury is a thriving suburb with a perfect blend of convenience and tranquillity, offering easy access to a range of amenities. Whether it’s the nearby schools, parks, or the bustling local scene, this suburb has something for everyone. For families, Salisbury State School, St Pius X School, and Brisbane Christian College are all within close reach, making school runs a breeze. Toohey Forest, a beautiful natural reserve, provides a peaceful escape for outdoor enthusiasts and nature lovers, with walking tracks and abundant wildlife right on your doorstep.
Transport links are excellent, with Salisbury Railway Station just a short distance away, offering quick access to the Brisbane CBD. Major roads and highways also make commuting a breeze, and with local medical facilities and shopping centres nearby, convenience is never far away. For those who enjoy leisure, the suburb is home to a selection of cafes, breweries, and parks, offering the perfect mix of relaxation and recreation. With all these amenities and the exceptional location, this property is perfectly positioned to provide both a comfortable lifestyle and investment potential.
For a closer look at this rare opportunity, contact Mark Ward today to arrange a private inspection!
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