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Apartment

525/1A Glenelg Street South Brisbane, QLD 4101

Sold on 13 Jun 2017
  • 1 Bed
  • 1 Bath
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Apartment in South Brisbane

5% return in the CBD. Major tenant. Ideal super fund investment.

  • 1 Bed
  • 1 Bath

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 facing the city and is budgeted to return $12,078 net (after Body Corporate Fees and Management) this year paid monthly. Features include:

  • Newly renovated throughout
  • 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 $1,006.56 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.

Features:
  • Air Conditioning
  • Built-In Wardrobes
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Pool
  • Terrace/Balcony
Bedrooms:

1

Bathrooms:

1

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Suburb

South Brisbane

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