Lot 228/1A Glenelg Street, South Brisbane QLD 4101

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