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191/1A Glenelg Street

South Brisbane QLD 4101

1
1
1
29 m²
Apartment
Currently for sale - view listing

Overview

Effortless Income in Brisbane’s Most Sought-After Hotel Address

Secure a standout investment in the heart of Brisbane's thriving CBD with this well-appointed unit in the renowned Rydges South Bank Hotel. Offering the perfect balance of comfort, style, and convenience, this is an ideal “set-and-forget” opportunity for savvy investors. Step inside to discover a modern, thoughtfully designed space featuring quality finishes, stylish furnishings, and an abundance of natural light. Large windows enhance the inviting atmosphere, creating a welcoming retreat for guests. The unit is immaculately presented, well maintained, and includes ducted air conditioning along with a desirable outlook over the Brisbane Convention & Exhibition Centre. Positioned in an unbeatable location, everything Brisbane has to offer is within easy reach. Enjoy a short stroll to the Queensland Performing Arts Centre, world-class museums, and the picturesque South Bank Parklands. The vibrant Queen Street Mall is also nearby, providing endless shopping, dining, and entertainment options. The Rydges South Bank Hotel itself underwent a full refurbishment in 2016 and comprises 304 stylish rooms and suites. Guests and owners benefit from premium amenities including a business centre, restaurant and bar, conference and event facilities, a pool, spa, sauna, gymnasium, and 24-hour room service. A major highlight is the direct bridge access to the Brisbane Convention & Exhibition Centre, making this a highly sought-after accommodation choice. With professional on-site management by Rydges, this property offers a truly hassle-free investment. Bookings and maintenance are fully managed, while the Body Corporate is covered under the Letting Pool Scheme, adding further simplicity for investors. Owners also have the flexibility of short-term stay options, along with attractive tax benefits. Looking ahead, the future Brisbane Metro infrastructure—planned to run beneath Rydges—will further enhance connectivity and long-term value, particularly with upcoming Olympic developments. Whether you're expanding your portfolio or entering the market, this is a rare opportunity to capitalise on Brisbane's booming tourism and business sector. It's also a strong option for SMSF investors seeking a low-maintenance, income-generating asset. Enquire today to receive detailed financial statements and outgoings for the property.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
29 m² floor area
Apartment

Property history for 191/1A Glenelg Street

2025
Sold
Undisclosed
Private Sale/Treaty on 12 Jun 2025 by Jessicca Gerretzen, of Place Purpose Group Stafford

Happy sellers in South Brisbane

89%
89% of sellers in South Brisbane reported that their sale price either exceeded or met their price expectations.

South Brisbane stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 52 reviews in South Brisbane over the last 12 months.

Local market activity for 1 bedroom apartments in South Brisbane

In the last 12 months, 124 one-bedroom apartments similar to 191/1A Glenelg Street, have been sold.

This represents a 33% increase in one-bedroom apartments sales when compared to the previous 12 months.

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