Under Offer 18/03/2024
$225,000
142/1A Glenelg Street, South Brisbane QLD 4101
Unit / Apartment
11
Block size: 1608 m² approx.Unit / Apartment size: 29 m² approx.
Superb Investment!!
Unrivalled luxury in the heart of Southbank is now on offer, is this sleek and sophisticated studio hotel room. Under the management of the iconic Rydges Hotel, this is a high return, set and forget investment property.
Located in Brisbane finest arts district and adjacent to the Brisbane Convention Centre coupled with some of the best entertainment options all within easy walking distance. The Rydges hotel is a luxury fully serviced hotel which was renovated throughout in 2016.
The room features:
- Luxurious studio room located on Level 6 with double Queen bed, reading chair, TV, mini fridge and tea and coffee making facilities
- Contemporary bathroom.
Net income to Investor:
- $17,271.71 (1 July 22 – 30 June 23) : Full Year
- $9,828.39 (1 July 23 – 30 June 24) : Half Year
Hotel Features:
- Conference facilities & Business Centre
- Restaurants, cafe & bar
- Gymnasium, pool, spa and sauna
The Rydges hotel occupancy rates is high which means higher income! Property must be sold, don't miss your chance to secure this fine investment.
Property Code: 1010
Located in Brisbane finest arts district and adjacent to the Brisbane Convention Centre coupled with some of the best entertainment options all within easy walking distance. The Rydges hotel is a luxury fully serviced hotel which was renovated throughout in 2016.
The room features:
- Luxurious studio room located on Level 6 with double Queen bed, reading chair, TV, mini fridge and tea and coffee making facilities
- Contemporary bathroom.
Net income to Investor:
- $17,271.71 (1 July 22 – 30 June 23) : Full Year
- $9,828.39 (1 July 23 – 30 June 24) : Half Year
Hotel Features:
- Conference facilities & Business Centre
- Restaurants, cafe & bar
- Gymnasium, pool, spa and sauna
The Rydges hotel occupancy rates is high which means higher income! Property must be sold, don't miss your chance to secure this fine investment.
Property Code: 1010
Inspections
No open inspections scheduled.
Send an enquiry
Contact Kenneth Mow to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
1
Bathrooms:
1
Property type:
Unit / Apartment
Block Size:
1608 m²*
Other Details
Lot:
142
Plan Type:
SBP
Plan:
104446
Unit / Apartment Size:
29 m²*
Legal description:
142/SBP104446
*These are approximate values based on available information.
Maps and area information
Block information
Block size: 1608m² (approx)
Legal description: 142/SBP104446
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Nearby sales
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We found 50 units / apartments with 1 bedrooms that just sold near 142/1A Glenelg Street South Brisbane
Property history
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SummaryMedian sales
Average Age
30 years
Population
14,292
Listing ID: 182337402. This listing has been viewed 40 times. It was first displayed on 29/02/2024 and last updated on 18/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.