1A Glenelg StreetSouth Brisbane QLD 4101
Property Details for 1a Glenelg St, South Brisbane
1a Glenelg St, South Brisbane is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 3094m2.This Property is currently listed for sale with Smart Property Services - Sales & Rentals - Graceville
Last Listing description (August 2026)
Positioned within the renowned Rydges South Bank Brisbane, offering an amazing investment opportunity in one of Brisbanes most popular tourism and entertainment destinations.
Directly opposite the Brisbane Convention & Exhibition Centre and only moments from South Bank Parklands, QPAC, QAGOMA, the Brisbane River and Brisbane CBD, the hotel is perfectly placed to attract business travellers, conference guests and holidaymakers throughout the year.
509 participates in the Southbank Hotel Room Rental Pooling Scheme. The experienced hotel team takes care of the bookings, guests and day-to-day operation, allowing the owner to enjoy a genuinely hands-off investment.
Income and Outgoings:
FY2025 net pooled income: $17,280
Less Brisbane City Council rates: approximately $3,315
Less Queensland Urban Utilities: approximately $1,031
The FY2025 net pooled income is after the schemes administrative levy and compliance expenses. Body Corporate levies are also administered through the Pooling Scheme and accounted for within the rental calculations.
The current Pooling Scheme lease remains in place until 30th of June 2031. Owners may also enjoy short-term accommodation at a discounted rate, subject to availability and the conditions of the scheme.
Please note that this is an investment property and cannot be used for permanent owner occupation or permanent residential living.
The FY2025 income is historical and future income will depend on the overall performance of the hotel. Additional financial, lease and Body Corporate information is available upon request.
Contact us today to find out more about this easy South Bank investment.
Property History for 1a Glenelg St, South Brisbane, QLD 4101
- 26 Aug 2026Listed for Sale Seeking Offers From $230,000
- 06 Mar 2026Sold
- 22 Oct 2025Listed for Sale For Sale
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0About South Brisbane 4101
The size of South Brisbane is approximately 2.3 square kilometres. There are 14 parks, covering nearly 12.6% of the total area. The population of South Brisbane in 2016 was 7196 people. By 2021 the population was 14292 showing a population growth of 98.6% in the area during that time. The predominant age group in South Brisbane is 20-29 years. Households in South Brisbane are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Brisbane work in a professional occupation.In 2021, 27.40% of the homes in South Brisbane were owner-occupied compared with 29.60% in 2016.
South Brisbane has 10,557 properties. Over the last 5 years, Houses in South Brisbane have seen a 42.09% increase in median value, while Units have seen a 82.89% increase. As at 31 July 2026:
- The median value for Houses in South Brisbane is $1,855,981 while the median value for Units is $955,971.
- Houses have a median rent of $795 while Units have a median rent of $805.
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