Sold

142, 1A Glenelg Street, South Brisbane

SOLD for $215,000

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Superb Investment!!

Unrivalled luxury in the heart of Southbank is now on offer, is this sleek and sophisticated studio hotel room. Under the management of the iconic Rydges Hotel, this is a high return, set and forget investment property.

Located in Brisbane finest arts district and adjacent to the Brisbane Convention Centre coupled with some of the best entertainment options all within easy walking distance. The Rydges hotel is a luxury fully serviced hotel which was renovated throughout in 2016.

 The room features:

  • Luxurious studio room located on Level 6 with double Queen bed, reading chair, TV, mini fridge and tea and coffee making facilities
  • Contemporary bathroom.

Net income to Investor:

  • $17,271.71 (1 July 22 – 30 June 23) : Full Year
  • $9,828.39 (1 July 23 – 30 June 24) : Half Year

 Hotel Features:

  • Conference facilities & Business Centre
  • Restaurants, cafe & bar
  • Gymnasium, pool, spa and sauna

The Rydges hotel occupancy rates is high which means higher income! Property must be sold, don't miss your chance to secure this fine investment.

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Details

Address 142, 1A Glenelg Street, South Brisbane
Price SOLD for $215,000
Property Type Residential
Property ID 1010
Category Unit
Floor Area 29 m2

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Peter is very expert when dealing with selling property. He will help to give his thought and expertise so the property can be sold at good price

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I had an incredible experience working with Kenneth. He sold my property in just 3 days! From the start, he demonstrated professionalism, excellent communication, and deep knowledge of the local market....

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