204/35 Peel street
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About this property
Looking for a property that offers great value in an unbeatable location? This one-bedroom boutique apartment in The Capitol Apartments is the perfect choice, whether you're an owner-occupier or a savvy property investor. Located in the heart of South Brisbane, this affordable property offers a stylish urban living experience with exceptional lifestyle options and potential for strong rental returns. This apartment is currently on a short-term lease, generating approximately $4,000 per month in rental income. However, it can also be made vacant upon settlement, providing flexibility for an owner-occupier. The Capitol Apartments combines luxury hotel-style living with the convenience of a central location. Just a short walk to Brisbane River, the CBD, Museum, train station, and more, this apartment offers easy access to everything you need. The apartment is immaculately presented with a sleek and stylish design, ensuring comfort and convenience. Enjoy the use of premium facilities including a swimming pool, spa, and gymnasium, as well as secure access, on-site management, and professional lift & intercom access. South Brisbane is one of the city's fastest-growing urban precincts, boasting an incredible mix of art galleries, theatres, museums, restaurants, cafes, bars, and fashion boutiques. This prime location places you near QPAC, the Queensland Museum, State Library, Southbank Parklands, and the popular riverwalks. With easy access to public transport-bus, train, or ferry-you're just a stone's throw away from the best Brisbane has to offer. This apartment is also in close proximity to Brisbane State High School, Musgrave Park, Montague Markets, and the West Village precinct, making it a highly desirable location for tenants. Investors will also appreciate its proximity to QUT's Gardens Point, TAFE Queensland's South Bank campuses, and the Brisbane CBD. Features: - Beautiful and Modern Living - Fully Furnished (Kitchen, Living, Laundry, Dining, Bedroom) - Spacious bedroom with built-ins - Open-plan living and dining spaces, bathed in natural light - Quality stone kitchen with European, stainless steel appliances - Air-conditioned, security intercom - Fully furnished, Styled throughout - The convenience of urban living, walk to Southbank and the CBD - Day Spa, gym, pool, and fully licensed restaurant within the complex. Body Corporate Levy: $152/week Disclaimer: Haowen Properties has made all reasonable efforts to ensure the information provided is accurate. However, we do not guarantee its accuracy and accept no responsibility for any errors, omissions, or misrepresentations. Interested parties should conduct their own investigations to verify the details.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 1
- Bathrooms
- 1
- Listed
- 3 months ago
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Neighbourhood
Living in South Brisbane
This 1-bedroom apartment in South Brisbane, QLD 4101 sits within reach of public transport, local shops and nearby schools.
Schools near South Brisbane
- Queensland Children's Hospital Schoolcombined
- Somerville Housecombined · Prep-12 · Girls
- St Laurence's Collegecombined · 5-12 · Boys
- St George Collegeprimary · Unknown
- Brisbane State High Schoolsecondary · 7-12 · CoEd
What's nearby
- Cultural Centre station, platform 3 (bus) — 270 m away
- Chocolate Elements — 226 m away
- Jolly Place Park — 133 m away
- Alexander Smith Place — 152 m away
- Town Square — 218 m away
South Brisbane at a glance
Full suburb profile- Population
- 14,292
- Median age
- 29
- Household income
- $1,818/wk
- Median rent
- $470/wk
- Median mortgage
- $1,950/mo
Source: ABS Census.
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Suburb market
Suburb price trend
South Brisbane price trend
Median sold · Unit 1 bed
Compound growth +12.0% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
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