517/1A Glenelg Street, South Brisbane, Qld 4101

For Sale - Offers From $230,000

Studio
Type
1
Bedrooms
1
Bathrooms
1
Parkings
38 m²
Area

Published on Monday, July 13, 2026 ( See property details for 517/1A Glenelg Street, South Brisbane, Qld 4101)

For Sale - Offers From $230,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern, river-facing studio apartment in the iconic Rydges Hotel South Bank offering secure, hassle-free investment with stunning city views and premium amenities.

🏡 Property Highlights

  • Iconic river-facing location overlooking South Bank
  • Secure, hassle-free investment managed by Rydges Hotel
  • Modern finishes with private balcony and city views
  • Long-term hotel lease ensuring consistent income
  • Exclusive 30% discount on hotel room rates for owners
  • Immaculately maintained studio in pristine condition

✨ Key Features

  • Balcony
  • Ducted Air Conditioning
  • Open-Plan Living
  • Waterfront / Views
  • Security Screens / Gates
  • Built-in Robes
  • Floorboards
  • Gym
  • Pool
  • Sauna

South Brisbane is a vibrant cultural hub renowned for its arts, entertainment, and dining scene. Key points include: proximity to CBD and major attractions, stunning river and city views, a thriving arts precinct with galleries and theaters, excellent public transport connectivity, and a range of luxury amenities and lifestyle options.

What are the benefits of investing in a hotel-managed property like this studio?
Investing in a hotel-managed property provides a hassle-free income stream, professional management, and access to exclusive owner perks such as discounts on hotel room rates, making it an ideal set-and-forget investment.
Can I use the property for personal stays?
Yes, owners can enjoy up to 10 days per year at a 30% discount on hotel room rates, providing flexibility for personal use.
What is the current income return and how long is the lease?
The property offers an income return of $18,206.87 until June 15, 2026, with previous years' returns also detailed, ensuring predictable income for investors.
What amenities are available within the hotel complex?
The hotel features facilities such as a pool, gym, sauna, bar, and conference rooms, providing a luxurious lifestyle and convenience.
What are the ongoing outgoings for the property?
Annual outgoings include Brisbane City Council rates of approximately $3,198.20 and Urban Utilities charges of approximately $1,217.12. The body corporate fees are paid by the hotel.
Are there any additional management or service fees not included in the listed outgoings? Is the hotel lease transferable if I decide to sell the property before the lease ends? Are there any restrictions on personal use or rental of the property outside the hotel management? What are the terms of the hotel lease agreement and are there any upcoming lease renewals or changes? Are there any planned developments or zoning changes in the South Bank area that could affect the property’s value or amenities? Has the property been inspected for structural issues or defects, and are there any warranties remaining? What are the specific conditions of the hotel management agreement regarding maintenance and upgrades? Is the property compliant with all local building and safety regulations? Are there any easements, covenants, or restrictions affecting the property? What is the process for resolving disputes with the hotel management or body corporate?

517/1A Glenelg Street, South Brisbane, Qld 4101 - More Details

For Sale - Offers From $230,000

Type
Studio
Bedrooms
1
Bathrooms
1
Parkings
1
Area
38 m²
House Size
38 m²

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