189/1A Glenelg StreetSouth Brisbane QLD 4101
Property Details for 189/1a Glenelg St, South Brisbane
189/1a Glenelg St, South Brisbane is a 1 bedroom, 1 bathroom Unit and was built in 1998. The property has a land size of 29m2 and floor size of 29m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in South Brisbane in the last 12 months.
Last Listing description (November 2024)
Discover a remarkable investment opportunity nestled in the vibrant heart of Brisbane CBD at The Rydges Hotel. This beautifully designed unit offers a perfect blend of luxury, comfort, and convenience, making it an ideal choice for investors seeking a 'set and forget' rental property.
Step inside and experience the modern elegance of this well-appointed space, featuring stylish furnishings and high-quality finishes throughout. Large windows flood the unit with natural light, creating a warm and inviting atmosphere that guests will love.
Location is everything, and this unit boasts an unbeatable position. Just a leisurely stroll away, you'll find the renowned Queensland Performing Arts Centre, captivating museums, and the beautiful Southbank Gardens. The bustling Queen Street Mall, a hub of shopping, dining, and entertainment, is also within walking distance, ensuring guests have endless options to explore and enjoy. With the added convenience of on-site management, this unit promises a hassle-free investment. Enjoy peace of mind knowing that professional services are in place to manage bookings and maintenance, allowing you to focus on your investment goals.
Whether you're looking to expand your portfolio or enter the rental market, this unit offers a unique opportunity to capitalize on Brisbane's thriving tourism and business landscape. Don't miss out on this chance to own a piece of prime real estate in one of Australia's most dynamic cities!
Features Rydges
- The hotel has been renovated throughout in 2016
- Queen Room with outlook over Convention Centre
- Ducted air-conditioning
- Immaculate presentation and well maintained
- Investment opportunity with owner short term holiday stay options
- Professionally managed by Rydges Hotels on-site management
- Body Corporate paid by Rydges under the Letting Pool Scheme run by Rydes on-site management
- One of the limited fully serviced hotels in South Brisbane close to Brisbane Convention Centre
- Amazing benefits and saving tax entitlements as an investor/owner
The hotel features 304 stylish rooms and suites plus:
- Business Centre
- Restaurants
- Bar
- Conference facilities
- Easy access bridge directly to Brisbane Convention Centre
- Pool, spa and sauna
- Gymnasium
- 24 hour Room Service dining
Future:
NEW METRO TO BE BUILT UNDER RYDGES FOR FUTURE LOCAL AND OLYMPIC BENEFITS
The Brisbane Metro route is 21 kilometres, connecting 18 stations along dedicated busways between Eight Mile Plains to Roma Street, and Royal Brisbane and Women's Hospital to University of Queensland. Please Enquire to receive an automated email with the latest statements for the apartment as well as the outgoings involved.
Contact Jessicca Gerretzen the listing agent for more information today about this fantastic money-making property. Just a perfect investment for the Super Fund!
Disclaimer:
This property is advertised for sale without a price and as such, a price guide cannot be provided.
The website may have filtered the property into a price bracket for website functionality purposes.
Please do not make any assumptions about the sale price of this property based on website price filtering.
Property History for 189/1a Glenelg St, South Brisbane, QLD 4101
- 29 Oct 2024Sold
- 03 Oct 2024Listed for Sale For Sale
- 25 May 1995Sold for $136,800
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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 10,242 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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