Do not miss this outstanding opportunity to secure a fantastic apartment in one of the most popular area of South Brisbane central location!

Unit 1005/35 Peel St, represents fantastic value in the fast-expanding Brisbane area. Perfect for first home buyers and the savvy investors. This contemporary apartment includes a generously sized bedroom, open plan living area, fully equipped kitchen and balcony. This is an ideal investment property with multiple rental options generating high yield- rent long term, add to the hotel pool, an ideal investment.

Unit 1005/35 Peel St, situated on level 10, its features

* One spacious bedroom

* One modern bathroom

* Open plan living and dining area

* Stylish fully equipped kitchen

* Fully air-conditioned

The Capitol Apartment building facilities include a swimming pool, Spa and gym. Secure access with lift & intercom access, Professional on-site management.

Its fantastic location with public transport right on your doorstep - bus, train or ferry. Close to QPAC, Queensland Museum, Queensland State Library, the Queensland Theatre and Southbank Park Land, popular riverwalks, Brisbane Sate Hight School, this fantastic property is also just streets away from leafy Musgrave Park, the new Montague Markets and West Village precinct are also nearby. Investors will also appreciate the residence's proximity to QUT's Gardens Point, TAFE Queensland's South Bank campuses and Brisbane CBD.

The unit is current under management of The Capitol Hotel.

The owner has a guaranteed rental income at $2200/ monthly.

Fees and costs:

Council Rates: Approximately $485 per quarter.

Body Corp: Approximately $6700 per year (After payment on time discount).

Sinking fund balance was $465,000 on 31st Oct 2024.

Water: Approximately $200 per quarter based on usage.

The building is approx. 11 years old.

For more information or to book an inspection please call RE/MAX Community Realty Cathy Cheng at 0422 386 868.

Disclaim:

While care has been taken in the preparation of these particulars; no responsibility is accepted for the accuracy of the whole or any part and interested persons are advised to make their own enquiries and satisfy themselves in all respects.