SOLD
Sold on 31 Jul 2024 for $590,000

404/35 Peel Street
South Brisbane QLD 4101

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 63m2
Land area: 70m2
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Property Details for 404/35 Peel St, South Brisbane

404/35 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 63m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in South Brisbane in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
63m2
Land Size
70m2
Local Government
Brisbane
Lot/Plan
404/SP227497

Last Listing description (August 2024)

Welcome to 404 / 35 Peel Street, South Brisbane - an enticing opportunity for both owner-occupiers and investors alike. This refined apartment not only epitomizes modern design but also promises substantial financial returns, making it a must-see for discerning buyers.

Currently leased long-term at $700 per week until the end of April , this property presents a lucrative investment proposition. What's more, it comes fully furnished, adding an extra layer of convenience and appeal.

Situated in a highly sought-after locale, this property isn't just a place to live; it's a strategic investment choice. Boasting amenities like a swimming pool, gym, day spa, secure parking, and round-the-clock security, it ensures a lifestyle of comfort and tranquility for residents while offering peace of mind to investors.

Nestled in the vibrant heart of South Brisbane, residents enjoy seamless access to trendy cafes, restaurants, boutique shops, and entertainment options. Plus, with its proximity to public transport and major roads, commuting to the CBD and other areas of Brisbane is a breeze.

Don't let this exceptional opportunity slip through your fingers. Whether you're in search of a new home or aiming to maximize your investment portfolio, act now and seize this prime opportunity in South Brisbane. With its blend of luxury living, convenience, and promising returns, this property won't stay on the market for long. Reach out today and secure your slice of South Brisbane's finest living.

Body Corporate Fees: $6400 per year
- Brisbane City Council Rates: $1920 per year
- Utilities: $1000 per year

Property History for 404/35 Peel St, South Brisbane, QLD 4101

A timeline of how this property has performed in the market
Last Sold
$590,000
31 Jul 2024
Listed for Rent
$700/w
20 Oct 2023
  • 31 Jul 2024
    Sold for $590,000
  • 05 Jul 2024
    Listed for Sale $599,000
  • 22 Sep 2023
    Listed for Rent $700 / week
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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 10,393 properties. Over the last 5 years, Houses in South Brisbane have seen a -17.47% decrease in median value, while Units have seen a 46.82% increase. As at 31 August 2024:

  • The median value for Houses in South Brisbane is $876,142 while the median value for Units is $720,857.
  • Houses have a median rent of $700 while Units have a median rent of $705.
There are currently 41 properties listed for sale, and 52 properties listed for rent in South brisbane on OnTheHouse. According to CoreLogic's data, 663 properties were sold in the past 12 months in South brisbane.

Suburb Insights for South Brisbane 4101

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.