508/35 Peel Street, SOUTH BRISBANE QLD 4101

Prime Dual Key Investment in the middle of South Brisbane


Beds: 2 Baths: 2 Car Park: 1
Offers over $549,000


Situated in South Brisbane, one of Brisbane’s premier urban and cultural precincts, this 2 bed, 2 bath, 1 car apartment provide a great place to live, or a fantastic investment opportunity. These apartments are always in high rental demand, with this building in particular having an occupancy rate of approximately 75% – 80%. You could rent each side for $280 – $310 per week EACH or as presently done, put in to the buildings short term pool for higher returns. The Capitol Apartments feature modern resident facilities including restaurant and lounge bar, Pool, Gym and Private Day Spa. With high occupancy rates and an even higher demand for dual key properties like this one – this property won’t last long.
Features include:

– Located on the 5th floor, approximately 75m2 in total area including car;
– 2 bedroom, 2 bathroom, 1 car space apartment;
– Dual Key flexibility – lease as a separate one bedroom apartment & a studio apartment to maximise income;
– Onsite Manager, Pool, Gym;
– Live in one apartment & lease/Air BnB the other or live in both;
– Air-conditioned and can be sold fully furnished;
– Low body corporate levies;
– Full financials available upon request.

This property is a walker’s paradise, or situated perfectly for holiday makers, hence the high occupancy rates. Walk to Brisbane CBD, Brisbane Convention & Exhibition Centre, South Bank Parklands, Cinemas, GoMA, QLD Art Gallery, QLD Museum, State Library, Markets, Riverside Parks & walkways, West End’s array of popular restaurants & cafes, All transport, Shopping, Suncorp Stadium , the Treasury Casino & more.

For further information, or to arrange a private viewing on the property at a time that suits you, please contact us today!



Tom Murphy
Tom Murphy (Director / Principal / Sales) P.0401 312 116 Email Agent

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