198/1A Glenelg StreetSouth Brisbane QLD 4101
Property Details for 198/1a Glenelg St, South Brisbane
198/1a Glenelg St, South Brisbane is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 28m2 and floor size of 28m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in South Brisbane in the last 12 months.
Last Listing description (May 2024)
Fresh to the market and on level 8! You will be impressed with the benefits this apartment and Rydges has to offer. This property is only suitable investors as you cannot live in the luxury apartments but your guest certainly can! The Rydges has a Rental Pool Scheme arrangement with many of the rooms/apartment meaning, Rydges will manage and book your guests for you and you will never be without a tenant or guest! Assured income and fantastic benefits for owner and for their guests.
The apartment is called a studio apartment giving you minimal responsibilities whilst in the property. Rydges will tailor a care plan and will sweep up right after you. You have a small kitchenette but no cooking facilities as the Rydges are well invested in the conjunctional restaurants within the building and encourage dining at these venues to take advantage of the discounts available. For a property this low to own, it will not last long!
Features:
Studio apartment in Brisbane CBD
Walking distance to Brisbane City
Financials available on request
Fully serviced apartment
Restaurants and Amenities for Guests use
Swimming pool and Bar facilities on level 1
Great body corporate incentives
Contact Jessicca Gerretzen today for all property information and what a bargain at low $200,000's.
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 198/1a Glenelg St, South Brisbane, QLD 4101
- 07 Mar 2024Sold for $200,000
- 29 Jan 2024Listed for Sale Not Disclosed
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About 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 10,392 properties. Over the last 5 years, Houses in South Brisbane have seen a -17.47% decrease in median value, while Units have seen a 46.82% increase. As at 31 August 2024:
- The median value for Houses in South Brisbane is $876,142 while the median value for Units is $720,857.
- Houses have a median rent of $700 while Units have a median rent of $705.
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