604/35 Peel StreetSouth Brisbane QLD 4101
Property Details for 604/35 Peel St, South Brisbane
604/35 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 70m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
Last Listing description (November 2024)
Welcome to Unit 604 at 35 Peel St, South Brisbane?a modern and serene 2-bedroom, 2-bathroom apartment offering the perfect blend of comfort and convenience. As Spring arrives, there's no better time to secure this prime piece of real estate before the city gears up for the upcoming Olympics, and prices soar.
Unbeatable Location
Nestled in the heart of the action, this apartment is within walking distance of Brisbane's vibrant cultural hubs, including Southbank, QPAC, and Fish Lane. Whether you?re enjoying the nearby parklands or indulging in the city?s finest dining and entertainment, this location is unbeatable for those seeking a dynamic urban lifestyle.
Secure, Modern, and Quiet
This secure building offers peace of mind, while the apartment itself is a tranquil retreat with modern finishes and a north-facing balcony that invites natural light and urban views.
Financial Overview (Approximate Quarterly Costs):
- Body Corporate/Levy Strata: $1,700
- Brisbane City Council Rates: $480
- Water: $240
- Current Net Income: $3,000/month (Leaseback arrangement; potential for higher rental returns in the open market)
Fully Furnished & Move-In Ready
The apartment comes fully furnished, making it an effortless investment or a ready-to-go home.
Why This Apartment is a Smart Investment:
1. Proven Returns: Unit 604 has a strong history in our successful hotel letting pool, consistently delivering returns.
2. Prime South Brisbane Location: With its proximity to cultural attractions, this area attracts a steady stream of tenants, ensuring low vacancy rates.
3. Turnkey Investment: Fully furnished and ready for rental, this property requires minimal effort on your part.
4. Strong Rental Market: Enjoy steady, reliable returns thanks to the apartment's desirable location and amenities.
5. Low Vacancy Rates: High demand in this area means you'll benefit from a consistent income flow.
Don?t let this opportunity slip away?secure your piece of South Brisbane?s vibrant future. Contact Louise Spencer at 0401 011 181 today to arrange a viewing and make this exceptional apartment yours!
INSPECTION BY APPOINTMENT
Disclaimer
Spencer Group Property 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.
Property History for 604/35 Peel St, South Brisbane, QLD 4101
- 12 Oct 2024Sold for $650,000
- 09 Apr 2024Listed for Sale $650,000
- 22 Jun 2011Sold for $529,000
Recent sales nearby
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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 10,569 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:
- The median value for Houses in South Brisbane is $1,855,981 while the median value for Units is $955,971.
- Houses have a median rent of $795 while Units have a median rent of $805.
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