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Apartment

1010/1a Glenelg Street South Brisbane, QLD 4101

Sold for $177,000 on 11 Nov 2018
  • 1 Bed
  • 1 Bath
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1010/1a Glenelg Street, South Brisbane, QLD 4101

Apartment in South Brisbane

8% Net Return in the CBD, 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. This sophisticated 38sqm 4.5 star hotel suite is located in the Rydges South Bank Hotel and returned approximately $14,646 net (after Body Corporate Fees, Rates and Water) in 2017/18 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
  • Gym, Pool, Spa and Sauna
  • Business Centre
  • 24 hour Room Service dining
  • Direct access to the Brisbane Convention Centre

This Blue Chip hands free investment is priced for an immediate sale and is ideal for a self-managed superannuation fund or those seeking an above average return. For a detailed information package and a personal inspection, please contact Roy Schwenke 0408 485 085.

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

1

Bathrooms:

1