229/20 Montague RoadSouth Brisbane QLD 4101
Property Details for 229/20 Montague Rd, South Brisbane
Last Listing description (June 2021)
Benefit from the massive Kurilpa Riverfront Renewal Plan happening right outside your front door! See www.kurilparenewal.com.au for all the information.
This one bedroom will settle with a new leaseback to the long term on site managers for $1350 per month for a 5 year lease plus a 5 year option with CPI yearly increases.
The land here is zoned for a 30 storey building guaranteeing a great long term investment in Brisbane's fastest growing suburb.
"Riverside Hotel" has been established since 1996 and boasts a 90 per cent occupancy to both tourists and business travellers. It's a short walk to the Gallery of Modern Art, Tank Street Bridge and all the cultural activities that Southbank has to offer.
Property History for 229/20 Montague Rd, South Brisbane, QLD 4101
- 20 Oct 2020Listed for Sale $275,000
- 22 Apr 2015Listed for Sale $275,000
Recent sales nearby
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About 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 10,562 properties. Over the last 5 years, Houses in South Brisbane have seen a 27.88% increase in median value, while Units have seen a 77.69% increase. As at 31 August 2026:
- The median value for Houses in South Brisbane is $1,760,969 while the median value for Units is $945,447.
- Houses have a median rent of $793 while Units have a median rent of $810.
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