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509/1A Glenelg Street, South Brisbane, Qld 4101 For Sale
509/1A Glenelg Street, South Brisbane, Qld 4101 509/1A Glenelg Street, South Brisbane, Qld 4101-Image 509/1A Glenelg Street, South Brisbane, Qld 4101-Image 509/1A Glenelg Street, South Brisbane, Qld 4101-Image 509/1A Glenelg Street, South Brisbane, Qld 4101-Image 509/1A Glenelg Street, South Brisbane, Qld 4101-Image 509/1A Glenelg Street, South Brisbane, Qld 4101-Image 509/1A Glenelg Street, South Brisbane, Qld 4101-Image 509/1A Glenelg Street, South Brisbane, Qld 4101-Image 509/1A Glenelg Street, South Brisbane, Qld 4101-Floorplan

509/1A Glenelg Street, South Brisbane, Qld 4101

CONTACT AGENT

Studio
Type
1
Bedrooms
1
Bathrooms
29 m²
Area

Published on Wednesday, July 22, 2026 ( See property details for 509/1A Glenelg Street, South Brisbane, Qld 4101)

CONTACT AGENT

Samantha Briody - Real Estate Agent - Briody Realty | Smart Property
Samantha Briody Principal - Leading Sales & Rentals
Call Message Chat
Katharine Wearing - Real Estate Agent - Briody Realty | Smart Property
Katharine Wearing Sales / Property Manager
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  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A secure, professionally managed hotel investment in the heart of South Brisbane, offering long-term rental income and a prime location opposite the Brisbane Convention Centre.

🏡 Property Highlights

  • Prime South Brisbane location opposite the Brisbane Convention & Exhibition Centre
  • Long-term leasehold investment until June 2031
  • Part of the established Southbank Hotel Room Rental Pooling Scheme
  • Professionally managed hotel investment with no day-to-day owner involvement
  • Strong demand from business travellers, tourists, and conference delegates
  • Monthly rental distributions based on prescribed unit entitlement

✨ Key Features

  • Waterfront / Views
  • Open-Plan Living
  • Built-in Robes
  • Security Screens / Gates
  • Floorboards
  • NBN / High-Speed Ready
  • External Laundry
  • Fully fenced
  • Pet-Friendly
  • Water tank

South Brisbane is a vibrant cultural and entertainment hub, renowned for its iconic arts precinct, lively dining scene, and proximity to the Brisbane River. Its strategic location offers excellent connectivity to the CBD and major attractions, making it a highly sought-after destination for tourists and business travellers alike. The area benefits from ongoing development and a strong demand for quality accommodation, ensuring a stable investment environment. With its diverse amenities and vibrant community, South Brisbane continues to attract visitors and residents seeking a dynamic lifestyle. The neighbourhood’s reputation as a premier cultural and entertainment district makes it an ideal location for hotel investments and short-term rentals.

What are the benefits of investing in a hotel room within the Pooling Scheme?
Investors benefit from professional management, steady rental income based on the scheme, and a long-term lease in a prime location, with minimal day-to-day involvement.
Can I use the property for permanent residence?
No, this property is offered solely as a leasehold investment within the hotel pooling scheme and is not available for permanent owner occupation.
What are the ongoing costs associated with this investment?
Ongoing costs include Brisbane City Council rates approximately $3,315 per annum, Queensland Urban Utilities charges around $1,031 per annum, and Body Corporate levies managed through the scheme.
What is the lease term and when does it expire?
The current lease extends until 30th June 2031, providing a long-term investment horizon.
Is the property suitable for short-term rental purposes?
Yes, the property is intended for short-term accommodation use in accordance with the lease and scheme documentation.
Are there any additional fees or costs not included in the scheme documentation? Has the property been inspected for structural or compliance issues? Are there any upcoming developments or planning changes in the vicinity that could affect the property? What are the specific terms and conditions of the Pooling Scheme lease? Is there any history of disputes or issues with the Body Corporate or management company? Are there any restrictions on the use or sub-leasing of the property? What are the procedures for rental distribution and reconciliation? Are there any known environmental or flood risks in the area? What is the process for exiting the scheme or selling the property? Are there any planned upgrades or renovations to the hotel or scheme infrastructure?

509/1A Glenelg Street, South Brisbane, Qld 4101 - More Details

CONTACT AGENT

An exceptional opportunity exists to secure a professionally managed hotel investment within the renowned Rydges South Bank Brisbane, one of Brisbane's most recognised tourism, entertainment and convention destinations.

Perfectly positioned opposite the Brisbane Convention & Exhibition Centre and within Brisbane's vibrant South Bank precinct, Rydges South Bank enjoys an enviable location just moments from the Brisbane CBD, South Bank Parklands, Queensland Performing Arts Centre (QPAC), Queensland Museum, Queensland Art Gallery & Gallery of Modern Art (QAGOMA), the Brisbane River and an extensive selection of cafés, restaurants and entertainment venues.

This prime location continues to attract a diverse mix of business travellers, conference delegates, domestic and international tourists, creating year-round demand for quality accommodation in one of Brisbane's most sought-after destinations.

This unique leasehold investment forms part of the Southbank Hotel Room Rental Pooling Scheme, where participating rooms contribute to the overall operating performance of the hotel. Rental distributions are calculated in accordance with the Pooling Scheme Lease and each lot's prescribed unit entitlement, with interim rental distributions paid monthly and annual reconciliations completed in accordance with the scheme documentation.

Professionally managed by Brisbane Convention Centre Hotel Development Ltd, the scheme provides investors with a streamlined ownership experience while the day-to-day operation and management of the hotel is undertaken by experienced hotel professionals.

The Responsible Entity also administers the Body Corporate levies on behalf of participating owners, with these costs accounted for within the monthly rental calculations in accordance with the Pooling Scheme documentation.

The current registered Pooling Scheme lease extends through until 30th of June 2031, providing investors with an established long-term investment opportunity.

Investment Highlights
• Professionally managed hotel investment
• Located within the iconic Rydges South Bank Brisbane
• Premium South Brisbane location opposite the Brisbane Convention & Exhibition Centre
• Monthly interim rental distributions in accordance with the Pooling Scheme
• Rental income calculated based on prescribed unit entitlement allocations
• Professionally managed by Brisbane Convention Centre Hotel Development Ltd
• Established hotel investment scheme operating for almost 30 years
• Current Pooling Scheme lease in place until 30th of June 2031
• Body Corporate levies administered through the Pooling Scheme in accordance with the lease documentation
• No day-to-day owner involvement with professional hotel management overseeing operations
Approximate Investment Outgoings
• Brisbane City Council Rates: Approximately $3,315 per annum
• Queensland Urban Utilities: Approximately $1,031 per annum
• Body Corporate levies administered through the Pooling Scheme in accordance with the scheme documentation.
Important Information
• This property is offered as a leasehold investment within the Southbank Hotel Room Rental Pooling Scheme and is not available for permanent owner occupation or permanent residential use.

Short term owner accommodation is available at a discounted rate.

• Brisbane City Council rates and Queensland Urban Utilities charges remain the responsibility of the individual lot owner.
• Rental distributions are determined in accordance with the Pooling Scheme and are subject to the overall operating performance of the hotel.
• Individual hotel room numbers differ from the registered lot numbers.
• The property may only be used for short-term accommodation in accordance with the lease and Pooling Scheme documentation.
• Buyers are encouraged to undertake their own legal, financial and taxation advice regarding the Pooling Scheme, lease structure and investment returns.

Indicative historical rental distributions, Pooling Scheme financial information, Body Corporate information, current lease documentation and forecast return schedules are available upon request.

We look forward to hearing from you.
Type
Studio
Bedrooms
1
Bathrooms
1
Area
29 m²

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