43 Peel Street, South Brisbane, QLD 4101 | Property Value & History | OnTheHouse
 
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43 Peel Street
South Brisbane QLD 4101

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Property Details for 43 Peel St, South Brisbane

Building Type
Commercial
Local Government
Brisbane
Lot/Plan
1/SP195211

Last Listing description (October 2021)

FOR SALE | 'SOUTH CENTRAL', 43 PEEL STREET, SOUTH BRISBANE

Knight Frank is pleased to exclusively present For Sale the commercial component of 'South Central', located at 43 Peel Street, South Brisbane.

Offered as one of the few A-Grade commercial investments of quality currently available within South East Queensland. South Central presents the perfect opportunity to secure premium returns, and is perfectly positioned on a major corner site within South Brisbane. With a diversified cash flow underpinned by State Government and not-for-profit organisations, the Property offers the following key investment highlights:


* 94.4% occupied with a 2.73 year WALE (by income);
* 2,759 sqm* of well-appointed, A-Grade office space supported by 97 sqm of ground floor retail;
* Net passing income of $1,203,500 p.a*.;
* In built rental growth via favourable 3.00% - 4.00% fixed reviews;
* Strategic position within South Brisbane, the cultural hub of South East Queensland providing world class tenant amenity;
* Direct access to a range of transport options; and
* NABERS Exempt.

Please contact the exclusive Knight Frank marketing agents for further information.

South Central is For Sale via Expressions of Interest closing at 4pm (AEST) on Thursday 10 September 2020.

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Property History for 43 Peel St, South Brisbane, QLD 4101

A timeline of how this property has performed in the market
  • 10 Aug 2020
    Listed for Sale For Sale via EOI closing 4pmAEST, 10th Sept 2020
  • 26 Sep 2016
    Listed for Rent - Price not available
  • 14 Mar 2016
    Listed for Rent - Price not available
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About South Brisbane 4101

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 10,547 properties. Over the last 5 years, Houses in South Brisbane have seen a 38.69% increase in median value, while Units have seen a 86.74% increase. As at 31 May 2026:

  • The median value for Houses in South Brisbane is $1,884,230 while the median value for Units is $974,077.
  • Houses have a median rent of $790 while Units have a median rent of $800.
There are currently 43 properties listed for sale, and 24 properties listed for rent in South brisbane on OnTheHouse. According to Cotality's data, 487 properties were sold in the past 12 months in South brisbane.

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