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602/35 Peel Street, South Brisbane, Qld 4101 For Sale
602/35 Peel Street, South Brisbane, Qld 4101 602/35 Peel Street, South Brisbane, Qld 4101-Image 602/35 Peel Street, South Brisbane, Qld 4101-Image 602/35 Peel Street, South Brisbane, Qld 4101-Image 602/35 Peel Street, South Brisbane, Qld 4101-Image 602/35 Peel Street, South Brisbane, Qld 4101-Image 602/35 Peel Street, South Brisbane, Qld 4101-Image 602/35 Peel Street, South Brisbane, Qld 4101-Image 602/35 Peel Street, South Brisbane, Qld 4101-Image 602/35 Peel Street, South Brisbane, Qld 4101-Image 602/35 Peel Street, South Brisbane, Qld 4101-Floorplan

602/35 Peel Street, South Brisbane, Qld 4101

$620,000

Unit
Type
1
Bedrooms
1
Bathrooms
1
Parkings
67 m²
Area

Published on Friday, September 04, 2026 ( See property details for 602/35 Peel Street, South Brisbane, Qld 4101)

$620,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A fully furnished, low-maintenance one-bedroom apartment in the heart of South Brisbane, offering flexible investment or owner-occupier options with access to premium amenities.

🏡 Property Highlights

  • Fully furnished one-bedroom apartment with flexible use options
  • Established investment with current hotel/short-term letting arrangement
  • Prime central location in South Brisbane near cultural and entertainment precincts
  • Access to building amenities including pool and gym facilities
  • Dedicated car space included in the purchase
  • Low-maintenance property ideal for investors or owner-occupiers

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Garage / Secure Parking
  • Swimming Pool
  • Gym
  • Open-Plan Living
  • Water tank
  • Security Screens / Gates
  • Fully fenced
  • Air Conditioning

South Brisbane is a vibrant cultural hub offering a dynamic lifestyle with easy access to South Bank, QPAC, Queensland Museum, and a variety of restaurants and entertainment venues. The area boasts excellent public transport links, making it ideal for both residents and investors seeking convenience and lifestyle. Its central location ensures proximity to Brisbane's CBD, providing a perfect blend of work, leisure, and cultural experiences. The neighbourhood is renowned for its lively atmosphere, diverse dining options, and scenic riverfront views.

Is the apartment suitable for short-term rental or Airbnb?
Yes, the apartment is currently operated through a hotel/short-term letting pool, making it suitable for short-term rental income.
What amenities are available within the building?
Residents have access to a swimming pool and gym facilities within the building.
Can I make this apartment my permanent residence?
Absolutely, the apartment can be owner-occupied, offering a convenient inner-city lifestyle.
What is the parking situation?
The property includes a dedicated car space for secure parking.
Is the apartment furnished?
Yes, the apartment is fully furnished, including a fold-out sofa bed for additional sleeping accommodation.
Are there any upcoming strata or body corporate fee increases or special levies planned? Are there any restrictions or covenants on short-term letting within the building? Has the property been recently renovated or does it require any repairs? Are there any planned developments or construction projects nearby that could impact the property? What are the long-term vacancy rates in the building or area? Is the property compliant with all building and safety regulations? Are there any easements or zoning restrictions affecting the property? What are the potential risks of flooding or bushfire in this area? Are there any ongoing issues with noise or neighbours that could affect living or rental experience? Is the property part of a strata scheme, and if so, what are the rules and financial obligations?

602/35 Peel Street, South Brisbane, Qld 4101 - More Details

$620,000

Located in the heart of South Brisbane, this fully furnished one-bedroom apartment at The Capitol Apartments presents an excellent opportunity for both investors and owner-occupiers.

Whether you're looking for a proven investment or a convenient inner-city home, Unit 602 offers the flexibility to suit. Currently operated through the hotel/short-term letting pool, the apartment provides an established investment opportunity, while owner-occupiers have the option to make it their own and enjoy the convenience of a fully furnished, low-maintenance apartment in the heart of South Brisbane.

PROPERTY HIGHLIGHTS

The apartment features a well-designed one-bedroom, one-bathroom layout with a dedicated car space and is fully furnished. The living area includes a comfortable fold-out sofa bed, providing additional sleeping accommodation for guests or visitors and adding further flexibility to the apartment's layout and use.

Residents have access to the building's pool and gym facilities, while the property's central location places South Bank, QPAC, the Queensland Museum, restaurants, entertainment and public transport all within easy reach. The property is freehold and provides the flexibility to continue within the existing hotel/short-term letting arrangement or make it your own home.

FINANCIALS

* Income: approximately $3,600 per month
* Body Corporate: approximately $2,520 per quarter
* Brisbane City Council Rates: approximately $615 per quarter
* Water: approximately $275 per quarter

SOUTH BRISBANE LIFESTYLE

The Capitol Apartments are ideally positioned to enjoy everything South Brisbane has to offer, with the vibrant South Bank precinct, Brisbane's cultural attractions and the CBD all close at hand.

Whether you're looking to add an established investment to your portfolio or secure a centrally located apartment to call home, 602/35 Peel Street offers flexibility, convenience and genuine appeal.

Contact us today for further information or to arrange an inspection.

DISCLAIMER

Spencer Group 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.
Type
Unit
Bedrooms
1
Bathrooms
1
Parkings
1
Area
67 m²
House Size
67 m²

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