Jump to top

1a Glenelg Street
South Brisbane QLD 4101

 

$140,000

   
1 of 15 photos

5% Net return in the CBD with upside major tenant. Ideal super fund investment

Prime location in the heart of Brisbane?s Arts and Entertainment precinct adjacent to the Brisbane Convention Centre and a stroll from restaurants, bars, cinemas, the Cultural Centre, Performing Arts Centre, GOMA, the Parklands and the river.

This sophisticated 4.5 star hotel suite is located on level 5 of the Rydges South Bank Hotel and is budgeted to return $9,041 net (after Body Corporate Fees) this year paid monthly. Features include:

- Newly renovated
- Ducted air-conditioning
- Immaculate presentation
- Generous owner use terms
- Professional on-site Management by Rydges Hotels

The hotel features 304 stylish rooms and suites plus:

- Restaurants
- Conference facilities
- Bar
- Pool, spa and sauna
- Gymnasium
- Business Centre
- 24 hour Room Service dining

This Blue Chip hands free investment is priced for an immediate sale. Current income of $753.43 per month after Body Corporate Fees (Statement Available). Council Rates of $1,402.72 per year gross plus water $600 per year approx. An ideal self-managed super fund investment in the middle of one of Brisbane?s hottest growth areas. For a personal inspection, contact Roy Schwenke 0408 485 085. Please note the property may not be removed from the Hotel Scheme. Suitable for purchase by Foreign as well as Domestic Investors.

Features include: Air Conditioning,Built-In Wardrobes,Close to Schools,Close to Shops,Close to Transport,Pool
1 1
Property Type: Apartment

Open Times

No open times scheduled. Contact Agent to arrange a viewing.
Add to Watchlist
View Trip Plan
Print
Email a Friend
Alert Me to Similar Properties

Past Sales & Property Information

NOTE
Always verify block details with the agent or vendor. These maps are generated by cross referencing with our spatial information database, but this does not mean they will always correspond with the listed property. Measurements are estimates only.

Based on data provided under licence from PSMA Australia Limited (www.psma.com.au). © PSMA Australia 2016.

Block Map

Vital Statistics

Lot: 0
Plan Type: SBP
Plan: 107410
EER: 0.0
Stamp Duty: $1,925

Maps

  • Area Map
  • Aerial View
  • Street View
Loading maps…
Loading maps…
Loading street view…

What do I need to purchase 1a Glenelg Street, South Brisbane?

Get Your Free Home Loan Report - 3 Easy Steps!

Repayment Calculator

South Brisbane Profile

The average age in South Brisbane is 30 years and it has a population of 5,416.

Occupancy

Listing Age and Views

This listing was first displayed on 1/12/16, last updated on 1/12/16, and has been viewed 2 times. Please note the counter is not updated immediately.
A view is added to the property view counter when a user loads this page. Property views do not include views of photos or maps associated with this listing.