409/1a 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.

These sophisticated 4.5 star one bedroom hotel suites are located on level 4 & 7 of the Rydges South Bank Hotel and returns $19,758.44 net & $21,086.85 net (after Body Corporate Fees) per annum paid monthly. This Blue Chip hands free investment is priced for an immediate sale. 2011/12 Financial Year income of $19,758.44 & $21,086.85 after Body Corporate Fees (Statement Available). Council Rates of approx $1,124.28 per year gross.

An ideal self-managed super fund investment in the middle of one of Brisbane's hottest growth areas.