148/1A Glenelg StreetSouth Brisbane QLD 4101
Property Details for 148/1a Glenelg St, South Brisbane
148/1a Glenelg St, South Brisbane is a 0 bedroom, 1 bathroom Unit and was built in 1998. The property has a land size of 48m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (February 2023)
Boasting a seemingly endless array of restaurants, cafes, bars, boutiques and cultural attractions right on its doorstep, this 48sqm leasehold studio has plenty to offer. Set within South Brisbane's 4.5-star Rydges Hotel and positioned adjacent to the popular South Bank Parklands, this fantastic property offers stunning city views and access to resort-style facilities.
Located adjacent to the Brisbane Convention Centre, this is a high return investment property with professional onsite management by Rydges Hotels. In the financial year 2021 2022 the property returned $19,330 after payment of body corporate fees and management costs. After council rates $1722 and water $1013 the property achieved a net income of $16,595.
Promising to capture the attention of astute investors, the studio showcases plush carpeted floors and timber accents. Full-height glass encourages natural light to flow throughout the studio, highlighting the extraordinary outlook.
Upon entry, you will find a generous studio-style space with a combined living area and bedroom. Punctuated by a built-in desk, this superb space opens out to a covered balcony commanding marvellous city views. There is also a compact kitchenette and a mirrored built-in robe, plus a well-appointed main bathroom featuring floor-to-ceiling tiling.
Benefitting from ducted air-conditioning, the property also includes access to the hotel's business centre, dining options, conference facilities, swimming pool, spa, sauna, gymnasium and 24-hour room service.
Body Corporate: $5,636.40 per annum approx.
Presenting an exciting and unique investment opportunity, this incredible studio is just a leisurely stroll from QPAC, GOMA, the Brisbane Convention & Exhibition Centre and the Queensland Museum. The South Brisbane train station and Cultural Centre bus station are within walking distance, as is the South Bank Ferry Terminal. The fashionable Eagle Street Pier, Howard Smith Wharves, West End, James Street and Queen Street Mall precincts are also easily accessible from this address. Do not delay call to arrange an inspection today.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Property History for 148/1a Glenelg St, South Brisbane, QLD 4101
- 04 Mar 2023Sold for $226,000
- 11 May 2022Listed for Sale Offers Over $240,000
- 21 Sep 1994Sold for $183,000
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0About South Brisbane 4101
The size of South Brisbane is approximately 2.3 square kilometres. It has 14 parks covering nearly 12.6% of total area. The population of South Brisbane in 2011 was 5,416 people. By 2016 the population was 7,179 showing a population growth of 32.6% in the area during that time. The predominant age group in South Brisbane is 20-29 years. Households in South Brisbane are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Brisbane work in a professional occupation. In 2011, 32.8% of the homes in South Brisbane were owner-occupied compared with 29.6% in 2016.
South Brisbane has 10,238 properties. Over the last 5 years, Houses in South Brisbane have seen a 55.41% increase in median value, while Units have seen a 47.66% increase. As at 31 October 2024:
- The median value for Houses in South Brisbane is $1,601,446 while the median value for Units is $717,255.
- Houses have a median rent of $680 while Units have a median rent of $750.
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