308/1 Glenelg Street, South Brisbane, QLD, 4101

$180,000
Sold on 27th March 2023
  • 1 BED
  • 1 BATH
Sold

INVESTMENT Head Lot Lease and Sub Lease Agreement of Lot 81 Rydges Southbank Hotel

UNDER CONTRACT

Head Lot Lease ending in 2012 and Sub Lease Agreement with Rydges Hotel of a hotel room in the Southbank Hotel Room Rental Pooling Scheme.

Consider for your super fund investment.
Lot 81 (Room 308) on the third level.
The hotel is located in the prime location in the heart of Brisbane’s Arts and Entertainment precinct adjacent to the Brisbane Convention Centre. Restaurants, bars, cinemas, the Cultural Centre, Performing Arts Centre, GOMA, the Parklands and the river are in easy walking distance.
This sophisticated 4.5 star hotel suite is located on level D of the ‘Rydges South Bank Hotel’
Rydges Hotel pays for room refurbishment.

Features include:
• Recently renovated throughout
. Upgraded furnishings, mini bar and tea making facilities
• 28-29sqm with fixed window views toward The Convention Centre
• Ducted air-conditioning
. Direct staircase to the Convention Center
• Immaculate presentation
• Owner use special terms
• Professional on-site Management by Rydges Hotels
The hotel features 304 stylish rooms and suites plus:
• Restaurants
• Conference facilities
• Bar
• Pool, spa and sauna
• Gymnasium
• Business Centre
• 24 hour Room Service dining

No living on site – investment only.
This investment in a head lot agreement is priced for an immediate sale. An ideal self-managed super fund investment in the middle of one of Brisbane’s forecast growth areas. Contact :Carey Halfpapp on 0438 928538 to secure further information.


Property Details
Property Type: Residential
Floor Area: 29 SQM

Property Features
Air Conditioning
Broadband Internet Available
Built In Wardrobes
Intercom
Pay TV Access
Outdoor Entertainment Area
Outside Spa
Remote Garage
Secure Parking
Swimming Pool-In Ground

Property Location