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619/1a Glenelg St, South Brisbane

South Brisbane Hotel Investment!

Click to download Auction Conditions

Click to download Contract

Click to download Disclosure Statement

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Bedrooms: 1        Bathrooms 1       

Located adjacent to the Brisbane Convention Centre, this is a high return investment property with professional onsite management by Rydges Hotels.

Among a seemingly endless array of restaurants, cafes, bars, boutiques and cultural attractions right on its doorstep, this 48sqm leasehold studio has plenty to offer. Set within South Brisbane’s 4.5-star Rydges Hotel and positioned adjacent to the popular South Bank Parklands, this fantastic property offers stunning city views and access to resort-style facilities.

Favourite Features:

  • Net Return of $19,325 Last Year
  • July 2022 – December 2022 Net returns of $12,706
  • Set and forget investment
  • City view apartment

Outgoings
Water: Approx $1013
Rates: Approx $1722

Benefitting from ducted air-conditioning, the property also includes access to the hotel’s business centre, dining options, conference facilities, swimming pool, spa, sauna, gymnasium and 24-hour room service.

Presenting an exciting and unique investment opportunity, this incredible studio is just a leisurely stroll from QPAC, GOMA, the Brisbane Convention & Exhibition Centre and the Queensland Museum. The South Brisbane train station and Cultural Centre bus station are within walking distance, as is the South Bank Ferry Terminal. The fashionable Eagle Street Pier, Howard Smith Wharves, West End, James Street and Queen Street Mall precincts are also easily accessible from this address. Do not delay – call to arrange an inspection today.

Property must be sold at or before Auction.

Call Matt Sale for further information.