2 Bayliss Street, Toowong, Qld 4066

House
Type
7
Bedrooms
2
Bathrooms
5
Parkings
516 m²
Area

Published on Tuesday, July 14, 2026 ( See property details for 2 Bayliss Street, Toowong, Qld 4066)

For Sale

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A versatile dual occupancy character property on a prominent corner in Toowong, offering excellent investment and development potential with scope for future improvements.

🏡 Property Highlights

  • Dual occupancy potential with existing rooming accommodation infrastructure
  • Prominent corner allotment with dual frontage for excellent exposure
  • Close proximity to University of Queensland and Wesley Hospital
  • Versatile floorplan with scope for future improvements
  • Character features including timber flooring and sash windows
  • Off-street parking for 4 cars on a level 516m2 allotment

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Split system air conditioning
  • Outdoor Area
  • Level 516m2 allotment
  • Corner allotment with dual frontage
  • Off-street parking for 4 cars
  • Character features (tongue-in-groove panelling, breezeways, sash and casement windows)
  • Potential for future reconfiguration and expansion
  • Versatile floorplan suitable for multiple income streams

Toowong is a highly sought-after suburb renowned for its vibrant community, excellent transport links including train and ferry access, and proximity to major amenities such as shopping centres, hospitals, and educational institutions. Its stable market offers strong capital growth potential, making it ideal for investors and families alike. The area boasts a mix of character homes and modern developments, with a lively local scene and scenic river views. With excellent walkability and access to parks and recreational facilities, Toowong provides a balanced lifestyle in Brisbane’s inner-west.

What are the current zoning and development restrictions for this property?
The property is zoned low-medium residential with DA approval in place, and there is potential to expand the current floor plan subject to council approval.
Can the upper level be used as a separate residence or rental?
Yes, the upper level has previously been utilised as a home business or office space and could be used as a residence or additional rental income stream.
What character features are retained in the property?
The property features tongue-in-groove panelling, breezeways, sash and casement windows, and original timber flooring, adding to its character appeal.
Is there scope for future improvements or reconfiguration?
Yes, the property offers significant scope to restore existing features and reconfigure both floors to create a substantial family home or enhance income potential.
What amenities and transport options are nearby?
The property is close to the University of Queensland, Wesley Hospital, Toowong and Indooroopilly Shopping Centres, with easy access to Toowong train station, the Regatta ferry terminal, and numerous eateries.
Are there any hidden costs associated with the development approval or future renovations? Has the property been inspected for structural defects or termite activity? Are there any zoning restrictions or easements that could impact future development plans? Is the property located in a flood or bushfire risk zone? Are there any upcoming planning or construction projects in the vicinity that could affect the property’s value or livability? What are the strata or body corporate considerations, if applicable? Are there any restrictions on the use of the upper level as a separate dwelling? Is there any history of disputes or issues with the current or previous tenants? What are the council rates and potential additional costs for future expansion? Are there any existing or planned infrastructure upgrades in the area that could impact the property?

2 Bayliss Street, Toowong, Qld 4066 - More Details

For Sale

Type
House
Bedrooms
7
Bathrooms
2
Parkings
5
Area
516 m²
Study
1

Inspections times

  • Inspection Sat 18 Jul 1:15 pm

    Saturday 18 July
    1:15 pm - 1:45 pm
Thank you for submitting your reminder request.

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