1117/1a Glenelg Street, South Brisbane QLD 4101

Prime location in the heart of Brisbane's Arts and Entertainment precinct adjacent to the Brisbane Convention Centre and a stroll from restaurants, bars, cinemas, the Cultural Centre, Performing Arts Centre, GOMA, the Parklands and the river.

This sophisticated 4.5 star hotel suite is located on level 11 of the Rydges South Bank Hotel facing the city and returned $21,810 (after Body Corporate Fees and Management) during 2017/18 paid monthly. After deducting council rates ($1,575.88) and water (approx. $1,200) the room showed a net income of $19,034.12 approx. Features include:

- Newly renovated throughout
- 38sqm including balcony
- Ducted air-conditioning
- Immaculate presentation
- Stunning views of the CBD and Queens Wharf Casino site
- Generous owner use terms
- Professional on-site Management by Rydges Hotels

The hotel features 304 stylish rooms and suites plus:

- Restaurants
- Conference facilities
- Bar
- Pool, spa and sauna
- Gymnasium
- Business Centre
- 24 hour Room Service dining

This Blue Chip hands free investment is priced for an immediate sale. An ideal self-managed super fund investment in the middle of one of Brisbane's hottest growth areas. For a personal inspection or a detailed information package, contact Roy Schwenke 0408 485 085.