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Back Lot 228/1A Glenelg Street
Off Market

Lot 228/1A Glenelg Street

South Brisbane QLD 4101

1
1
Apartment
Last sold for $500,000
Kenneth MowKenneth Mow, last sold this property on 05 March 2026 after 101 days on market.

Overview

Superb Investment!!

Unrivalled luxury in the heart of Southbank is now on offer, is this sleek and sophisticated Riverview King suite 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. Situated high on the 9th floor the room features: - Luxurious Riverview King suite room with separate living areas and bedroom. - Spacious bedroom with kingsize bed, en-suite, - Huge living areas with kitchenette/mini bar, sofa bed, dining area & working desk. - Ducted air conditioning. - Room number: 915. Annual Income to Investor: - $36,323.08 (1/7/23-30/6/24) - $34,935.01 (1/7/24-30/6/25) - Rents are distributed by bank transfer monthly to investors. Hotel Features: - Conference facilities & Business Centre - Restaurants, cafe & bar - Gymnasium, pool, spa and sauna The Rydges hotel occupancy rate is high which means higher income! Property must be sold, don't miss your chance to secure this fine investment. Property Code: 1327

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in South Brisbane over the last 12 months, the estimated median property value of Lot 228/1A Glenelg Street is $650k.

Median value
$650k
Estimated value range
$185k - $1.19m
Median days on market
21
Estimated value trend
23%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South Brisbane. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for Lot 228/1A Glenelg Street

2026
Sold
$500,000
05 Mar 2026 by Kenneth Mow, of I-Sale Property Brisbane

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, 122 one-bedroom apartments similar to Lot 228/1A Glenelg Street, have been sold.

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

Nearby agents

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

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Elisa Wellington

Elisa Wellington is a recommended agent for South Brisbane.  They have 21 local sales and collected 11 local reviews across the last 12 months.

  •   4.9   (96 reviews)
  •  11 Reviews in South Brisbane
  •  21 Sales in South Brisbane
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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 stress-free process

  •   4.9   (490 reviews)
  •  4 Reviews in South Brisbane
  •  16 Sales in South Brisbane
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Matthew Cilia

Sellers who recommend Matthew Cilia have praised them for being clear communication, local expert, responsive, friendly, supportive, pleasant and dedicated

  •   5   (43 reviews)
  •  4 Reviews in South Brisbane
  •  8 Sales in South Brisbane
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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.

  •   5   (209 reviews)
  •  5 Reviews in South Brisbane
  •  5 Sales in South Brisbane
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