- About this property
- Explore South Brisbane
5% Return in the CBD. Major Tenant. Ideal Super Fund Investment.Property ID 1660817Prime location in the heart of Brisbane's Arts and Entertainment precinct adjacent to the Brisbane Convention Centre and a stroll from restaurants, bars, cinemas, the Cultural Centre, Performing Arts Centre, GOMA, the Parklands and the river.
This sophisticated 4.5 star hotel suite is located on level 4 of the Rydges South Bank Hotel facing the city and is budgeted to return $12,078 net (after Body Corporate Fees and Management) this year 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
- Pool, spa and sauna
- Business Centre
- 24 hour Room Service dining
This Blue Chip hands free investment is priced for an immediate sale. Current income of $1,006.56 per month after Body Corporate Fees (Statement Available). Council Rates of $1,402.72 per year gross plus water $600 per year approx. An ideal self-managed super fund investment in the middle of one of Brisbane's hottest growth areas. For a personal inspection, contact Roy Schwenke 0408 485 085.