191 / 1a Glenelg Street
South Brisbane, QLD 4101

Overview

Effortless Income in Brisbane’s Most Sought-After Hotel Address

Secure a standout investment in the heart of Brisbane's thriving CBD with this well-appointed unit located within the renowned Rydges South Bank Hotel. This property offers an ideal balance of comfort, style, and convenience, making it a perfect 'set-and-forget' opportunity for savvy investors seeking a hassle-free income-generating asset.

Upon entering, you will find a modern and thoughtfully designed space that features quality finishes and stylish furnishings. The unit benefits from an abundance of natural light, enhanced by large windows that create a bright and inviting atmosphere. This welcoming retreat is immaculately presented and well maintained, including ducted air conditioning for year-round comfort. Additionally, the unit offers a desirable outlook over the Brisbane Convention & Exhibition Centre, adding to its appeal.

Positioned in an unbeatable location, this property places everything Brisbane has to offer within easy reach. Residents and guests can enjoy a short stroll to the Queensland Performing Arts Centre, world-class museums, and the picturesque South Bank Parklands. The vibrant Queen Street Mall is also nearby, providing endless shopping, dining, and entertainment options to suit all tastes.

The Rydges South Bank Hotel underwent a full refurbishment in 2016 and comprises 304 stylish rooms and suites. Guests and owners benefit from premium amenities including a business centre, restaurant and bar, conference and event facilities, an inground pool, spa, sauna, gymnasium, and 24-hour room service. A major highlight of the hotel is the direct bridge access to the Brisbane Convention & Exhibition Centre, making it a highly sought-after accommodation choice for visitors.

With professional on-site management by Rydges, this property offers a truly hassle-free investment experience. Bookings and maintenance are fully managed, while the Body Corporate is covered under the Letting Pool Scheme, adding further simplicity for investors. Owners also have the flexibility of short-term stay options, along with attractive tax benefits, making this an excellent choice for both personal use and investment purposes.

Looking ahead, the future Brisbane Metro infrastructure, planned to run beneath the Rydges, will further enhance connectivity and long-term value, particularly with upcoming Olympic developments. This infrastructure improvement is expected to boost the area's accessibility and desirability, supporting strong capital growth potential.

Whether you are expanding your property portfolio or entering the market for the first time, this is a rare opportunity to capitalise on Brisbane's booming tourism and business sector. The property is also a strong option for SMSF investors seeking a low-maintenance, income-generating asset with excellent growth prospects.

Enquire today to receive detailed financial statements and outgoings for the property and take the first step towards securing a valuable asset in one of Brisbane's most sought-after hotel addresses.

Location