1a Glenelg Street, SOUTH BRISBANE, QLD, 4101, 8% Net Return in the CBD, Ideal Super Fund Investment.
Prime location in the heart of Brisbane's Arts and Entertainment precinct adjacent to the Brisbane Convention Centre. This sophisticated 38sqm 4.5 star hotel suite is located in the Rydges South Bank Hotel and returned approximately $14,646 net (after Body Corporate Fees, Rates and Water) in 2017/18 paid monthly. Features include:
* Newly renovated throughout
* Ducted air-conditioning
* Immaculate presentation
* Generous owner use terms
* Professional on-site Management by Rydges Hotels
The hotel features 304 stylish rooms and suites plus:
* Conference facilities
* Gym, Pool, Spa and Sauna
* Business Centre
* 24 hour Room Service dining
* Direct access to the Brisbane Convention Centre
This Blue Chip hands free investment is priced for an immediate sale and is ideal for a self-managed superannuation fund or those seeking an above average return. For a detailed information package and a personal inspection, please contact Roy Schwenke 0408 485 085.