117/1a 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 1 of the Rydges South Bank Hotel and is budgeted to return $10,841 (after Body Corporate Fees and Management) this year paid monthly. Features include:-Newly renovated throughout-Ducted air-conditioning-Immaculate presentation-Generous owner use terms-Professional on-site Management by Rydges HotelsThe hotel features 304 stylish rooms and suites plus:-Restaurants-Conference facilities-Bar-Pool, spa and sauna-Gymnasium-Business Centre-24 hour Room Service diningThis Blue Chip hands free investment is priced for an immediate sale. Current income of $903.44 per month after Body Corporate Fees (Statement Available). Council Rates of $1,402.72 per year gross plus water $600 per year approx. An ideal self-managed super fund investment in the middle of one of Brisbane's hottest growth areas. For a personal inspection, contact Roy Schwenke 0408 485 085.