201/35 Peel St, South Brisbane is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 126m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in June 2025.
A Rare Dual-Key Property with Two Fully Self-Contained Apartments
Positioned in the heart of South Brisbanes cultural and lifestyle precinct, 201A & 201B Peel Street presents an exceptional investment opportunity. This dual-key property offers two completely separate 1-bedroom apartments on a single titleeach with its own private entrance and balcony.
Whether youre looking to generate strong cash flow, diversify your portfolio, or secure a versatile inner-city asset, this property offers flexibility, style, and solid returns.
Property Overview
Two individual 1-bedroom, 1-bathroom apartments
Dual-key configuration on one title
Separate entries and private balconies
Fully furnished and low-maintenance
Excellent rental appeal for professionals, students, or short-term guests
Financial Summary
Net monthly income: approximately $3,350
Quarterly expenses (approx.):
Council Rates: $480
Body Corporate: $1,980
Water: $250
This property provides consistent dual rental income and is well-suited to both long-term and short-stay letting. The dual-key layout also gives owners the flexibility to live in one apartment while renting out the other.
Building Amenities
Residents enjoy access to quality shared facilities including a swimming pool, fully equipped gym, and an on-site day spa. The building is professionally managed and caters to both permanent and short-term accommodation.
Location Highlights
Located in one of Brisbanes most desirable inner-city suburbs, the property is just moments from:
South Banks parklands, beach lagoon, and riverside walkways
Queensland Performing Arts Centre (QPAC) and Gallery of Modern Art (GOMA)
Fish Lanes popular cafes, restaurants, and bars
Public transport (bus, train, and ferry)
QUT, Griffith University, and the CBD
This vibrant and highly walkable location ensures strong rental demand year-round.
The seller is motivated and ready to move. Dont miss this opportunity to secure a high-performing, dual-income asset in one of Brisbanes most dynamic urban precincts.
To arrange a private inspection or to request further information, contact Louise Spencer on 0401 011 181.
INSPECTION BY APPOINTMENT
Disclaimer: Spencer Group Property has made every effort to ensure the accuracy of the information provided. However, we do not guarantee its correctness and disclaim any liability for errors, omissions, or misrepresentations. Interested parties should conduct their own enquiries to verify the details.
The size of South Brisbane is approximately 2.3 square kilometres. There are 14 parks, covering nearly 12.6% of the total area. The population of South Brisbane in 2016 was 7196 people. By 2021 the population was 14292 showing a population growth of 98.6% in the area during that time. The predominant age group in South Brisbane is 20-29 years. Households in South Brisbane are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Brisbane work in a professional occupation.In 2021, 27.40% of the homes in South Brisbane were owner-occupied compared with 29.60% in 2016.
South Brisbane has 10,567 properties. Over the last 5 years, Houses in South Brisbane have seen a 42.09% increase in median value, while Units have seen a 82.89% increase. As at 31 July 2026:
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