Set And Forget High Return Investment in Rydges

259/1A Glenelg Street, South Brisbane, 4101

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Contact for PriceFor Sale
  • Ownership Type Apartment
  • Property Area 43 sqft
  • Bedrooms 1
  • Bathrooms 1
  • Furnished No
  • Last Updated 24th Oct, 2023

Amenities

Feature that provides comfort, convenience, or pleasure
  • Full-Time Doorman
  • River Views
  • Common Roof Deck
  • City Views
  • Gym
  • Sauna
  • Open Views
  • Basketball Court
  • Pool

Property Overview

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.<br/><br/>This sophisticated 4.5 star hotel suite is located on level __ of the Rydges South Bank Hotel and is budgeted to return $9,041 net (after Body Corporate Fees) this year paid monthly. Features include:<br/><br/>- Newly renovated<br/>- Ducted air-conditioning<br/>- Immaculate presentation<br/>- Generous owner use terms<br/>- Professional on-site Management by Rydges Hotels<br/><br/>Net Return 2023 - $25,211<br/>Net Return 2012 - $19,218<br/><br/>The hotel features 304 stylish rooms and suites plus:<br/><br/>- Restaurants<br/>- Conference facilities<br/>- Bar<br/>- Pool, spa and sauna<br/>- Gymnasium<br/>- Business Centre<br/>- 24 hour Room Service dining<br/><br/>Property to be sold at or before Auction <br/><br/>Call Matt Sale or Jordan Curtis now.

Location on Google Map

259/1A Glenelg Street, South Brisbane, 4101

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