301/35 Peel StreetSouth Brisbane QLD 4101
Property Details for 301/35 Peel St, South Brisbane
301/35 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 64m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last transferred in May 2022.
Last Listing description (July 2022)
Don't miss this outstanding opportunity as this property represents fantastic value in the heart of South Brisbane. Perfect for first home buyers, buyers looking for a Brisbane bolt hole or for the savvy investor. This contemporary 3rd-floor apartment includes a generously sized bedroom, open plan living area and balcony. This is an ideal investment property with multiple rental options generating high yield, an ideal investment, especially for a self-managed super fund.
Features include:
- Contemporary 1 bedroom apartment featuring open plan living
- Rent long term, add to the hotel pool or perfect AirBnB property
- Long term rental appraisal is approximately $350 to $380 per week unfurnished
- Potential to include furniture and rent for approx $420 to $450 per week
- Fully air-conditioned
- Complex amenities include a pool, spa and gym
- Secure access with lift & intercom access
- Professional on-site management
- Public transport right on your doorstep - bus, train or ferry
Close to QPAC, GOMA, the Queensland Theatre and popular riverwalks, this fantastic property is also just streets away from leafy Musgrave Park and the cherished South Bank Parklands. The new Montague Markets and West Village precinct are also nearby, as is the South Brisbane bus and train station. Investors will also appreciate the residence's proximity to QUT's Gardens Point and TAFE Queensland's South Bank campuses.
Under instruction to sell by the Mortgagee in Possession, this property won't last long For inspection contact Henry Guerin or Dean Yesberg
Property History for 301/35 Peel St, South Brisbane, QLD 4101
- 20 May 2022Transferred for $260,000
- 19 Apr 2022Listed for Sale Auction In-Rooms
- 23 Dec 2018Listed for Rent - Price not available
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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 10,242 properties. Over the last 5 years, Houses in South Brisbane have seen a 55.41% increase in median value, while Units have seen a 47.66% increase. As at 31 October 2024:
- The median value for Houses in South Brisbane is $1,601,446 while the median value for Units is $717,255.
- Houses have a median rent of $680 while Units have a median rent of $750.
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