FOR SALE
FOR SALE

508/35 Peel Street
South Brisbane QLD 4101

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 75m2
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Stylish 2-Bedroom Dual Key Apartment in South Brisbane's Premier Urban Hub

Discover urban living at its finest with this exceptional 2-bedroom, 2-bathroom, 1-car space apartment located at 508/35 Peel Street, South Brisbane. Situated in one of Brisbane's most vibrant cultural precincts, this property offers both a fantastic living space and a lucrative investment opportunity and comes fully furnished.
Imagine having the flexibility to live in your dream home and still make an income, or have a double income without paying double the price? With this dual key apartment, it can be a reality. With returns of 5%-6% after expenses this could also be the perfect investment. Unit A features a fully equipped kitchen and bathroom, whilst Unit B has a kitchenette and bathroom in the studio apartment - you can feel comfortable no matter how you choose to use the space.
Property Highlights:
• Positioned on the 5th floor, this 75m² apartment (including car space) is nestled in a highly sought-after area known for its bustling lifestyle and cultural attractions.
• Dual Key Flexibility: Designed for maximum income potential, lease each side separately as a one-bedroom apartment and a studio, or live in one and rent the other.
• Modern Amenities: Residents can enjoy top-notch facilities including a restaurant, lounge bar, pool, gym, and private day spa.
• High Rental Demand: With a very high occupancy rate of ~80%, this building is a prime choice for renters and investors alike.
• Fully Furnished Option: The air-conditioned apartment can be sold fully furnished, offering convenience and immediate move-in or rental readiness.
This apartment is a walker's paradise, ideal for both residents and holidaymakers. Enjoy easy access to:
• Brisbane CBD
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Property Details for 508/35 Peel St, South Brisbane

508/35 Peel St, South Brisbane is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 75m2. The place is currently for sale with Vivid Property Group.

Building Type
Apartment
Floor Size
75m2

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About South Brisbane 4101

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 2011 was 5,416 people. By 2016 the population was 7,179 showing a population growth of 32.6% 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 2011, 32.8% of the homes in South Brisbane were owner-occupied compared with 29.6% in 2016.

South Brisbane has 10,386 properties.

    There are currently 50 properties listed for sale, and 48 properties listed for rent in South brisbane on OnTheHouse. According to CoreLogic's data, 630 properties were sold in the past 12 months in South brisbane.

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    Liz Allom
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    Vivid Property Group
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