191/1a Glenelg Street

Secure a standout investment in the heart of Brisbane's thriving CBD with this well-appointed unit in the renowned Rydges South Bank Hotel. Offering the perfect balance of comfort, style, and convenience, this is an ideal "set-and-forget" opportunity for savvy investors. Step inside to discover a modern, thoughtfully designed space featuring quality finishes, stylish furnishings, and an abundance of natural light. Large windows enhance the inviting atmosphere, creating a welcoming retreat for guests. The unit is immaculately presented, well maintained, and includes ducted air conditioning along with a desirable outlook over the Brisbane Convention & Exhibition Centre. Positioned in an unbeatable location, everything Brisbane has to offer is within easy reach. 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. The Rydges South Bank Hotel itself 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, a pool, spa, sauna, gymnasium, and 24-hour room service. A major highlight is the direct bridge access to the Brisbane Convention & Exhibition Centre, making this a highly sought-after accommodation choice. With professional on-site management by Rydges, this property offers a truly hassle-free investment. 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. Looking ahead, the future Brisbane Metro infrastructureplanned to run beneath Rydgeswill further enhance connectivity and long-term value, particularly with upcoming Olympic developments. Whether you're expanding your portfolio or entering the market, this is a rare opportunity to capitalise on Brisbane's booming tourism and business sector. It's also a strong option for SMSF investors seeking a low-maintenance, income-generating asset. Enquire today to receive detailed financial statements and outgoings for the property.