[1][2] Brisbane Arts Theatre's first production in its new venue on Petrie Terrace was The Multi-Coloured Umbrella by Armidale playwright Barbara Mary Vernon, which opened on 16 September 1961.

[3] At around 3am on 31 May 1964, the theatre was heavily damaged by fire, caused by an electrical fault in the toilet block.

The Commonwealth Trading Bank loaned £12,000 for the rebuilding of the theatre based on a new design by the initial architect, John Dalton.

In the late 1960s, the adjoining cottage–a deceased estate–was purchased for £6,000 and later, in August 1971, a two-storey building at 222 Petrie Terrace was added to the complex for $16,000.

Cor Boogart Cottage, having previously been used as a rehearsal venue, now houses the wardrobe division and construction workshop downstairs.

The previous two rehearsal venues were renovated between 1976 and 1978 at the same time as the construction of the theatre's current office and bar.

It has operated a registered training organisation, offering accredited certificates in live production and technical services.

In 2022, Brisbane Arts Theatre was put up for sale following poor management creating financial difficulties.

[4][5][6] It was sold in February 2023 to Dan and Fiona Kennedy at Ad Astra Theatre Company in 2023 for $3,000,000 (AUD).

[9] Brisbane Arts Theatre's office and Costumes department are now located at Unit 3A, 70 Prospect Terrace, Kelvin Grove.