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2 Bayliss Street, Toowong, Qld 4066

2 Bayliss Street, Toowong, Qld 4066 For Sale
2 Bayliss Street, Toowong, Qld 4066 2 Bayliss Street, Toowong, Qld 4066-Image 2 Bayliss Street, Toowong, Qld 4066-Image 2 Bayliss Street, Toowong, Qld 4066-Image 2 Bayliss Street, Toowong, Qld 4066-Image 2 Bayliss Street, Toowong, Qld 4066-Image 2 Bayliss Street, Toowong, Qld 4066-Image 2 Bayliss Street, Toowong, Qld 4066-Image 2 Bayliss Street, Toowong, Qld 4066-Image 2 Bayliss Street, Toowong, Qld 4066-Image 2 Bayliss Street, Toowong, Qld 4066-Image 2 Bayliss Street, Toowong, Qld 4066-Image 2 Bayliss Street, Toowong, Qld 4066-Image 2 Bayliss Street, Toowong, Qld 4066-Image 2 Bayliss Street, Toowong, Qld 4066-Image 2 Bayliss Street, Toowong, Qld 4066-Image 2 Bayliss Street, Toowong, Qld 4066-Image 2 Bayliss Street, Toowong, Qld 4066-Image 2 Bayliss Street, Toowong, Qld 4066-Image 2 Bayliss Street, Toowong, Qld 4066-Image 2 Bayliss Street, Toowong, Qld 4066-Image 2 Bayliss Street, Toowong, Qld 4066-Floorplan
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

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

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
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2 Bayliss Street
Toowong, QLD 4066
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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

Positioned on a prominent corner allotment, this character property presents an optimal position for owners seeking a dual occupancy investment with good exposure and off-street parking. Investors seeking a lucrative addition to their portfolio could capitalise on the existing rooming accommodation infrastructure or diversify their income stream.

Within close proximity to the University of Queensland and the Wesley Hospital this six room dual occupancy property presents a unique opportunity to secure a high-performing investment in one of the inner-west's most stable markets, creating the potential to increase yields and long-term capital growth.

The property includes a versatile floorplan and features that provide an excellent foundation for future improvements. The home presents significant scope to restore the existing features and reconfigure both floors to create a substantial family home in the heart of Toowong.

Property Highlights:
• 314m2 floor plan spread over two separate living levels
• Zoned low-medium residential - with DA in place
• DA to expand current floor plan and further enhance the buildings offering
• Corner allotment with dual frontage
• Lower level is currently provisioned for rooming accommodation or tenancy with 4 bedrooms, 1 bathroom, open plan living and a paved patio area
• The upper level has previously been utilised as a home business / office space but could be used as a residence or additional rental income stream
• Character features include: tongue-in-groove panelling, breezeways, sash and casement windows and original timber flooring
• Split system air conditioning
• Level 516m2 allotment with mature screening trees
• Off-street parking for 4 cars

Located just 4 kilometres from the CBD, the Toowong train station is located within an easy 700 metre walk and the Regatta ferry terminal is convenient for commuters. The University of Queensland, Wesley Hospital, Toowong and Indooroopilly Shopping Centres and countless eateries are within close proximity. Situated within the school catchments for Toowong State School and Indooroopilly State High School. The Queensland Academy for Science, Mathematics and Technology is located near. Brisbane Boys College and Stuartholme Catholic School are conveniently accessible. Offering four off-street car spaces and exceptional exposure, the property is ideally suited for investors seeking a live-in business opportunity or an asset with multiple income streams and future capital growth potential

Exclusively presented by Max Hadgelias 0411 276 372, get in contact today to register your interest or to arrange an inspection.

** Any reference to property use (past, present or future) is general only and should not be relied upon and is subject to council approval.


Disclaimer:
This property is being sold without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes only.
Type
House
Bedrooms
7
Bathrooms
2
Parkings
5
Area
516 m²
Study
1

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