Investors SMSF 6% Net Return Annual
427 / 1A Glenelg Street, South Brisbane

For Sale· Studio
  • 427 / 1A Glenelg Street, South Brisbane
  • 427 / 1A Glenelg Street, South Brisbane
  • 427 / 1A Glenelg Street, South Brisbane
  • 427 / 1A Glenelg Street, South Brisbane
  • 427 / 1A Glenelg Street, South Brisbane
  • 427 / 1A Glenelg Street, South Brisbane
  • 427 / 1A Glenelg Street, South Brisbane
  • 427 / 1A Glenelg Street, South Brisbane
  • 427 / 1A Glenelg Street, South Brisbane
  • 427 / 1A Glenelg Street, South Brisbane
  • 427 / 1A Glenelg Street, South Brisbane
  • 427 / 1A Glenelg Street, South Brisbane

I am pleased to present an extremely rare investment opportunity within the Iconic Rydges Hotel South Bank
Located in cultural precinct of Brisbane. Walking distance to the CBD, art galleries, museum, performance center, casino and more..

We are currently offering a 34 sqm Studio, exclusively available to astute investors seeking a secure and hassle-free income stream. SMSF

Positioned on the 4 floor, this impressive room features east aspect with city views. The property is river-facing and overlooks South Bank, offering an iconic location that is difficult to beat. The apartment is in pristine condition and has been immaculately maintained, featuring modern finishes, private balcony, and ducted air-conditioning.

This is a truly "set-and-forget" investment, as the suite is managed entirely by Rydges Hotel under a long-term hotel lease, ensuring consistent returns. Additionally, owners can take advantage of an exclusive perk: a 30% discount on hotel room rates for up to 10 days per year.

2025 Income Return $17,061.32
2024 Income Return $17,739.21

Outgoings
Brisbane city council $2,026.80 Yearly
Urban Utilities $1,183.91,Yearly
Sinking Fund Balance $4,206,632.59
Body corporate is paid by the hotel.

Hotel facilities, Pool Gym, Sauna, Bar, conference facilities and more.

A trusted name for many years, The Antoine Velez Team specializes in the Inner city Brisbane area, having helped countless buyers and sellers achieve their lifestyle and investment goals. Antoine looks forward to meeting you soon to cater for all your real-estate needs.

Disclaimer: Ideal Property Co has been furnished with the above information, however, the Office and the Agent provides no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided by the Vendor or other Persons. All interested parties are responsible for their own independent inquiries in order to determine whether or not this information is in fact accurate.

Floor Plan

Floorplan 1

Location

Antoine Velez

Sales Agent

0433 814 236

When it comes to selling your property, having the right agent by your side makes all the difference. With extensive experience in real estate—spanning developments, inner-city apartments, and residential homes—Antoine brings a depth of knowledge that few can match. His expertise allows him to navigate the complexities of the market, ensuring your property is positioned for maximum exposure and the best possible result. Antoine believes in honest communication, keeping you informed at ever...

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