SoldMay 26, 2025

1010/1A Glenelg St, South Brisbane, QLD, 4101

$245,000

1
1

Apartment

30+ days on the market

Sold: May 26, 2025

What's around 1010/1A Glenelg St

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. Situated high on the 10th floor the room features: - Luxurious studio room with Queen bed, reading chair, TV, mini fridge and tea and coffee making facilities. - Contemporary bathroom. - Ducted air conditioning. - Room number: 1010. Annual Income to Investor: - $18,943.19 (1 July 22 - 30 June 23) - $16,411.72 (1 July 23 – 30 June 24) - 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 rates is high which means higher income! Property must be sold, don't miss your chance to secure this fine investment. Property Code: 1134

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