211/1A Glenelg Street

Off Market

211/1A Glenelg Street

South Brisbane QLD 4101

38 m²

Studio

Last sold for $230,488

Antoine Velez, last sold this property on 08 June 2026 after 14 days on market.

Overview

INVESTMENT ONLY 6.1 % Return - 80 Year Lease Hold

I am pleased to present an extremely rare investment opportunity within the Iconic Rydges Hotel South Bank Located in cultural precinct of Brisbane. Walking distance to the CBD, art galleries, museum, performance center, casino and more.. We are currently offering a 38 sqm Studio, exclusively available to astute investors seeking a secure and hassle-free income stream. SMSF Positioned on the 8 floor, this impressive room features east aspect with city views. The property is river-facing and overlooks South Bank, offering an iconic location that is difficult to beat. The apartment is in pristine condition and has been immaculately maintained, featuring modern finishes, private balcony, and ducted air-conditioning. This is a truly "set-and-forget" investment, as the suite is managed entirely by Rydges Hotel under a long-term hotel lease, ensuring consistent returns. Additionally, owners can take advantage of an exclusive perk: a 30% discount on hotel room rates for up to 10 days per year. 2025 Income Return $18,570.32 2024 Income Return $19,307.21 Outgoings Brisbane city council $3,200 Yearly Urban Utilities $1,228,Yearly Sinking Fund Balance $4,206,632.59 Body corporate is paid by the hotel. $2,468 Hotel facilities, Pool Gym, Sauna, Bar, conference facilities and more. A trusted name for many years, The Antoine Velez Team specializes in the Inner city Brisbane area, having helped countless buyers and sellers achieve their lifestyle and investment goals. Antoine looks forward to meeting you soon to cater for all your real-estate needs. Disclaimer: Ideal Property Co has been furnished with the above information, however, the Office and the Agent provides no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided by the Vendor or other Persons. All interested parties are responsible for their own independent inquiries in order to determine whether or not this information is in fact accurate.

Features

1 bathroom

38 m² floor area

Studio

Estimated Value

We need at least 3 similar studios sold in South Brisbane over the last 12 months.

Property history for 211/1A Glenelg Street

2026

Sold

$230,488

Private Sale/Treaty on 08 Jun 2026 by Antoine Velez, of Ideal Property Co

Happy sellers in South Brisbane

84%

84% 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 37 reviews in South Brisbane over the last 12 months.

Local market activity for studios in South Brisbane

In the last 12 months, 1 studio similar to 211/1A Glenelg Street, have been sold.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in South Brisbane for a free market appraisal.

Elisa Wellington

at Property Services QLD

4.9

(102 reviews)

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Michelle Huang

at Exp Australia QLD

(215 reviews)

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Brad Munro

at Position Property

4.9

(505 reviews)

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Conner Browne

at Junction Estate Agents

(5 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in South Brisbane

Elisa Wellington

Elisa Wellington is a recommended agent for South Brisbane. They have 23 local sales and collected 8 local reviews across the last 12 months.

4.9 (102 reviews)
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Michelle Huang

Michelle Huang is a recommended agent for South Brisbane. They have 5 local sales and collected 5 local reviews across the last 12 months.

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Brad Munro

Sellers who recommend Brad Munro have praised them for being clear communication, local expert, honest, reliable, responsive, supportive and well-prepared