306/35 Peel Street, South Brisbane, Qld 4101

Offering an accessible entry into South Brisbane's apartment market, this two-bedroom residence presents an appealing opportunity for investors seeking a central location and a practical configuration. Positioned on the third floor of The Capitol, it combines two bedrooms, two bathrooms and one car space within the sought-after Brisbane State High School catchment.

The two-bathroom layout adds flexibility for tenants, making the apartment an attractive option for couples, professionals and those sharing accommodation. For investors, the combination of location, school catchment and parking provides a compelling foundation for a long-term investment.

Enjoy the convenience of South Brisbane living, with South Bank's cultural attractions, West End's dining scene and the Brisbane CBD all readily accessible. Nearby public transport, education and employment precincts further strengthen the location's appeal to a broad range of prospective tenants.

Property highlights:
- Two bedrooms, two bathrooms and one car space
- Third-floor position within The Capitol
- Located within the Brisbane State High School catchment
- Affordable opportunity to enter the South Brisbane market
- Convenient access to South Bank, West End and the CBD
- Appealing configuration for investors and future owner-occupiers

Whether you are building your investment portfolio or securing your first inner-city property, this apartment offers an appealing combination of affordability, convenience and location.

Financials:
- Rates: $500 per quarter
- Water: $200 per quarter + usage
- Body Corporate Levy: $1,900 per quarter (approx.)
- Rental Appraisal: $675 - $725 per week
- Shot-term letting: $3,000 per month (approx.)

Please note: Some images have been virtually staged for illustrative purposes only. Furniture, decor, and styling shown may not reflect the current presentation of the property. Buyers are encouraged to inspect the property in person to verify its features and condition.

In-Room Auction (if not sold prior)
Location: Ray White West End (5/156 Boundary Street, West End)
Thursday 5th November 2026 at 11am

Disclaimer
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.

Type

Apartment

Bedrooms

2

Bathrooms

2

Parkings

1

Study

1

House Size

86 m²