OFF MARKET

606/35 Peel Street
South Brisbane QLD 4101

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 75m2
Land area: 86m2
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Last updated 14 Oct 2024
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Property Details for 606/35 Peel St, South Brisbane

606/35 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 86m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in December 2010.

Building Type
Unit
Year Built
2013
Floor Size
75m2
Land Size
86m2
Local Government
Brisbane
Lot/Plan
606/SP227497

Last Listing description (July 2024)

606 / 35 Peel Street, South Brisbane, is an extraordinary opportunity for both investors and owner-occupiers. This modern, fully furnished apartment combines elegance with functionality, featuring stunning city views and two balconies, one of which faces north off the second bedroom, allowing for ample natural light.

FINANCIALS per quarter:

* Body Corporate Fees: $1900

* Brisbane City Council Rates: $480
* Utilities: $250
* Rental Income: Currently leased long-term at $750/week, with potential to increase to $800/week.
NOTE: Current lease expires 26th July 2024

In a market where the median sales price in South Brisbane has risen by about 20% since 2020, this property offers exceptional value. Where else can you find a modern 2-bedroom apartment in Brisbane's heart with such potential for growth?

Residents enjoy luxurious amenities, including a swimming pool, gym, day spa, secure parking, and 24/7 security. Situated in the vibrant heart of South Brisbane, you?ll have easy access to trendy cafes, restaurants, chic boutiques, and entertainment venues. Proximity to public transport and major thoroughfares ensures effortless commuting to the CBD and beyond.

Don?t miss this outstanding opportunity. Contact Louise Spencer today to schedule a viewing and secure your stake in this lucrative venture. Whether you're an owner occupier or an investor, capitalize on this prime offering before it's too late.

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.

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Property History for 606/35 Peel St, South Brisbane, QLD 4101

A timeline of how this property has performed in the market
Last Sold
$624,900
24 Dec 2010
Listed for Rent
$470/w
26 Nov 2021
  • 22 Mar 2024
    Listed for Sale Not Disclosed
  • 12 Nov 2021
    Listed for Rent $470 / week
  • 15 Sep 2020
    Listed for Rent $455 / 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 10,190 properties. Over the last 5 years, Houses in South Brisbane have seen a 2.88% increase in median value, while Units have seen a 41.38% increase. As at 30 September 2024:

  • The median value for Houses in South Brisbane is $970,315 while the median value for Units is $696,938.
  • Houses have a median rent of $695 while Units have a median rent of $720.
There are currently 40 properties listed for sale, and 40 properties listed for rent in South brisbane on OnTheHouse. According to CoreLogic's data, 657 properties were sold in the past 12 months in South brisbane.

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© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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