607/35 Peel Street South Brisbane, QLD 4101

Perfectly positioned within the popular Capitol Apartments, this modern one-bedroom residence represents an outstanding opportunity for first-home buyers and investors to secure a foothold in one of Brisbane's most tightly held inner-city markets.

Situated on the 5th floor, the apartment features a well-designed open-plan layout that maximises space, natural light, and functionality. The contemporary kitchen is equipped with stone benchtops, quality stainless-steel appliances, and ample storage, flowing seamlessly into the living and dining area - ideal for both owner-occupiers and tenants alike.

The generous bedroom is complemented by a stylish, modern bathroom with quality finishes, while additional features include ducted air-conditioning, an internal laundry, and secure lift access, ensuring comfort and low-maintenance living.

Location Highlights
- Set in the heart of South Brisbane, residents enjoy a true walk-to-everything lifestyle, just moments from:
- South Bank Parklands, QPAC, and the Brisbane Convention & Exhibition Centre
- Brisbane CBD and West End's renowned dining and café scene
- South Brisbane train station and multiple bus services within close proximity
- Woolworths Metro, riverside walkways, and everyday amenities at your doorstep

With strong rental demand, excellent yields, and minimal upkeep, this apartment is an ideal investment choice or an affordable first step into the Brisbane inner-city market. Opportunities at this level, in this location, are increasingly rare - making this a smart move for buyers looking to secure long-term value and immediate returns.

Financials
- Rates: $550 per quarter
- Body Corporate Levy: $2,220 per quarter (approx.)
- Rental Appraisal: $600 - $650 per week
- Short-term Rental: $2,200 - $2,400 per month (approx.)

In-Room Auction
Location: Ray White West End (5/156 Boundary Street, West End)
Thursday 5th February 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.