1A Glenelg Street South Brisbane, QLD 4101

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.