28/1A Glenelg StreetSouth Brisbane QLD 4101
Property Details for 28/1a Glenelg St, South Brisbane
28/1a Glenelg St, South Brisbane is a 1 bedroom, 1 bathroom Unit and was built in 1998. The property has a land size of 39m2 and floor size of 39m2. While the property is not currently for sale or for rent, it was last sold in December 2023.
Last Listing description (September 2023)
NEW METRO TO BE BUILT UNDER RYDGES FOR FUTURE LOCAL AND OLYMPIC BENEFITS
The Brisbane Metro route is 21 kilometres, connecting 18 stations along dedicated busways between Eight Mile Plains to Roma Street, and Royal Brisbane and Women's Hospital to University of Queensland.
High net return. Investment Unit in Rental Pool
Perfect for your super fund investment and the unit is located in the prime location in the heart of Brisbane's Arts and Entertainment precinct adjacent to the Brisbane Convention Centre. Restaurants, bars, cinemas, the Cultural Centre, Performing Arts Centre, GOMA, the Parklands and the river are in easy walking distance.
This sophisticated 4.5 star hotel suite is located on level D of the 'Rydges South Bank Hotel' and returned approx.$13160 in 2018 to 2019.(after Body Corp Fees, Rates and Water).
Body Corp approx. $43.55 p.m.
Sinking fund approx. $157.10 p.m.
Total Estimated costs. $2408.00 p.a.
Rent approx. $12875.00 p.a.
Nett return $10000 past year 'after' GST
Features include:
Recently renovated throughout
. Upgraded furnishings, mini bar and tea making facilities
39sqm with its own private courtyard
Ducted air-conditioning
. Direct staircase to the Convention Center
Immaculate presentation
Generous owner use terms
Professional on-site Management by Rydges Hotels
The hotel features 304 stylish rooms and suites plus:
Restaurants
Conference facilities
Bar
Pool, spa and sauna
Gymnasium
Business Centre
24 hour Room Service dining
This investment is priced for an immediate sale. An ideal self-managed super fund investment in the middle of one of Brisbane's best growth areas. Contact Carey Halfpapp on 0438 928538 to secure further information.
FEATURES:
Electric Rail with station within walking distance.
Close To Schools
Close To Shops
Close To Transport
Pool
Private court yard
Property History for 28/1a Glenelg St, South Brisbane, QLD 4101
- 01 Dec 2023Sold for $212,000
- 27 Oct 2020Listed for Sale $210,000
- 05 Apr 1995Sold for $117,000
Recent sales nearby
See more recent sales nearby/assets/perm/gflymqjys4i63jh2toghfwpyoa?signature=0e05753a7d27dcbebf9319dffc3f5af4435ddcc84282ffd8e4d02a42b4e255be){kind=logo}
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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 10,566 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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