Under Contract

Lot 228, 1A Glenelg Street, South Brisbane

Contact Agent

1 1

Superb Investment!!

 

 

Unrivalled luxury in the heart of Southbank is now on offer, is this sleek and sophisticated Riverview King suite 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.

Situated high on the 9th floor the room features:

  • Luxurious Riverview King suite room with separate living areas and bedroom.
  • Spacious bedroom with kingsize bed, en-suite,
  • Huge living areas with kitchenette/mini bar, sofa bed, dining area & working desk.
  • Ducted air conditioning. 
  • Room number: 915.

Annual Income to Investor:

  • $36,323.08 (1/7/23-30/6/24)
  • $34,935.01 (1/7/24-30/6/25)
  • Rents are distributed by bank transfer monthly to investors.

Hotel Features:

  • Conference facilities & Business Centre
  • Restaurants, cafe & bar
  • Gymnasium, pool, spa and sauna

The Rydges hotel occupancy rate is high which means higher income! Property must be sold, don't miss your chance to secure this fine investment.

 

1 1

Details

Address Lot 228, 1A Glenelg Street, South Brisbane
Price Contact Agent
Property Type Residential
Property ID 1327
Category Apartment

Tools

Share This Property

Agent Details

Get Directions

What our clients say

Peter was very knowledgeable about the property he presented to us and very professional with his dealings with us,we were very happy with our our purchase and having Peter as our agent to help us navigate...

Peter S

Kenneth was incredible to work with! Ken went above and beyond throughout the entire process, He is professional, reliable, and incredibly knowledgeable. He communicated clearly, guided my sister and...

Jonathan M

Working with Peter Yap was a standout experience. His deep understanding of the market helped me navigate complex decisions with confidence. Peter communicates clearly and consistently, ensuring I was...

CO C

I found Peter to be very approachable and informative. He was very easy to communicate with at all times and always responded in a timely manner to my phone calls, texts or emails. I was very happy with...

Michelle T

Peter made the sale faster than expected. He made the process simple and he is helpfull.

Herry J

We are using Lucky to sell a house for the second time, and she is unmatched in her dedication to achieving the greatest outcomes for all parties affected. Lucky is dependable, goes above and beyond to...

Sharyn S