602/35 Peel St, South Brisbane is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 67m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in July 2012.
Located in the heart of South Brisbane, this fully furnished one-bedroom apartment at The Capitol Apartments presents an excellent opportunity for both investors and owner-occupiers.
Whether you're looking for a proven investment or a convenient inner-city home, Unit 602 offers the flexibility to suit. Currently operated through the hotel/short-term letting pool, the apartment provides an established investment opportunity, while owner-occupiers have the option to make it their own and enjoy the convenience of a fully furnished, low-maintenance apartment in the heart of South Brisbane.
PROPERTY HIGHLIGHTS
The apartment features a well-designed one-bedroom, one-bathroom layout with a dedicated car space and is fully furnished. The living area includes a comfortable fold-out sofa bed, providing additional sleeping accommodation for guests or visitors and adding further flexibility to the apartment's layout and use.
Residents have access to the building's pool and gym facilities, while the property's central location places South Bank, QPAC, the Queensland Museum, restaurants, entertainment and public transport all within easy reach. The property is freehold and provides the flexibility to continue within the existing hotel/short-term letting arrangement or make it your own home.
FINANCIALS
* Income: approximately $3,600 per month
* Body Corporate: approximately $2,520 per quarter
* Brisbane City Council Rates: approximately $615 per quarter
* Water: approximately $275 per quarter
SOUTH BRISBANE LIFESTYLE
The Capitol Apartments are ideally positioned to enjoy everything South Brisbane has to offer, with the vibrant South Bank precinct, Brisbane's cultural attractions and the CBD all close at hand.
Whether you're looking to add an established investment to your portfolio or secure a centrally located apartment to call home, 602/35 Peel Street offers flexibility, convenience and genuine appeal.
Contact us today for further information or to arrange an inspection.
DISCLAIMER
Spencer Group has made all reasonable endeavours to ensure that all information contained within this website is true and correct. However, Spencer Group does not guarantee its accuracy and accepts no responsibility for any errors, omissions or misrepresentations that may occur. Interested parties should make and rely on their own enquiries to verify the information provided.
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 10,571 properties. Over the last 5 years, Houses in South Brisbane have seen a 27.88% increase in median value, while Units have seen a 77.69% increase. As at 31 August 2026:
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