308/20 Montague RoadSouth Brisbane QLD 4101
Property Details for 308/20 Montague Rd, South Brisbane
308/20 Montague Rd, South Brisbane is a 1 bedroom, 1 bathroom Unit and was built in 1998. The property has a land size of 65m2.
Last Listing description (May 2017)
The Riverside Hotel has been popular for many years with investors due to the excellent management and the promise of longer term capital gains as a result of its 30 storey zoning.
On offer is this 27 m2 hotel room with a new 5 year term lease to the manager at $975 per month with CPI increases.
The manager will be responsible for payment of your your body coporate levies, council rates and landlords insurance.
The manager currently managers over 100 of the total 150 units in the complex.
Recently refurbished these studios are excellent investments for your SMSF.
Property History for 308/20 Montague Rd, South Brisbane, QLD 4101
- 24 Sep 2021Listed for Sale $188,000
- 28 Mar 2016Listed for Sale Not Disclosed
Recent sales nearby
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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 10,571 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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