507/35 Peel St, South Brisbane is a 1 bedroom, 1 bathroom Apartment. The property has a land size of 51m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 1 bedroom Apartment sold in South Brisbane in the last 12 months.
Perfectly positioned within The Capitol Apartments, this contemporary one-bedroom residence presents an outstanding opportunity for first home buyers and investors seeking an ultra-convenient lifestyle in one of Brisbane's most dynamic precincts.
Situated on the 5th floor, the apartment offers a functional open-plan layout enhanced by modern finishes and ample natural light. The sleek kitchen features stone benchtops, quality stainless steel appliances, and generous storage - complementing the spacious living and dining area.
The bedroom is well-appointed, while the adjoining bathroom showcases premium fittings and a clean, modern aesthetic. Additional features include ducted air-conditioning, an internal laundry, and secure building access with lift facilities.
Location Highlights:
Enjoying a walk-to-everything address, residents are just moments from:
- South Bank Parklands, Brisbane Convention Centre, and QPAC
- Brisbane CBD and West End dining precincts
- South Brisbane train station and multiple bus stops within 200m
- Woolworths Metro, cafes, and riverside walkways all at your doorstep
With its unbeatable location and strong rental appeal, this furnished apartment offers a smart, low-maintenance investment or a vibrant home base in the heart of Brisbane's cultural and entertainment hub.
Financials
- Rates: $550 per quarter
- Body Corporate Levy: $2,220 per quarter (approx.)
- Rental Appraisal: $600 - $650 per week
- Short-term Rental: $2,200 - $2,400 per month (approx.)
In-Room Auction
Location: Ray White West End (5/156 Boundary Street, West End)
Thursday 4th December 2025 at 11am
Disclaimer
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.
The size of South Brisbane is approximately 2.3 square kilometres. It has 14 parks covering nearly 12.6% of 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 10,536 properties. Over the last 5 years, Houses in South Brisbane have seen a -15.62% decrease in median value, while Units have seen a 80.42% increase. As at 30 November 2025:
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