324/20 Montague Road, South Brisbane, QLD 4101 | Property Value & History | OnTheHouse
OFF MARKET

324/20 Montague Road
South Brisbane QLD 4101

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 41m2
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Property Details for 324/20 Montague Rd, South Brisbane

324/20 Montague Rd, South Brisbane is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a floor size of 41m2.

Building Type
Unit
Year Built
1998
Floor Size
41m2
Local Government
Brisbane

Last Listing description (July 2020)

Don't miss this opportunity , currently earning approx. $16,000 p.a. (net!!!).

Inspection by appointment.


This One bedroom unit packs a lifestyle punch, with the best entertainment Brisbane has to offer right on your doorstep. The Riverside Hotel is located opposite GOMA, QPAC and a myriad of restaurants and shopping in the Southbank precinct, and walking distance to the vibrant heart of the CBD. The current owner has recently refurbished with new paint, new carpet and quality Noble House Commercial grade furniture.

A fabulous investment opportunity awaits, the hotel sits on a parcel of land that has been re-zoned for 30 stories.

The hotel offers professional on site management, restaurant, bar, resort style pool and guest parking. As an owner you will also have a secure underground car park included.

Snapshot:
- Located on 3rd level with views of Brisbane CBD
- Recently refurbished
- Fully equipped (walk in walk out)
- Air-conditioned living room & bedroom
-- Large bedroom with built in wardrobes
- Bathroom with shower / bath and combination washer/dryer.
- Secure underground car park
- Riverside hotel includes; Onsite management, restaurant, bar, pool and guest parking.
- Easy access to and from Roma Street Station, Brisbane Transit Centre, and City Cat.

Importantly the "Riverside Hotel" rests on 3300 m2 of land currently zoned for 30 stories so your future capital gain is ensured. A great investment opportunity.

See www.riversidehotel.com.au for further information.

Approximate fees.

Body Corporate: $5,200 per annum
Council Rates: $1500 per annum
Water Rates: $990 per annum
Electricity / Hot Water: $1200 per annum
Hotel Unit, Level 3


Disclaimer - All information detailed including future development options contained herein are gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries. Pictures are indicative of size only, and it does not picture the current state nor furniture of the Apartment....

Property History for 324/20 Montague Rd, South Brisbane, QLD 4101

A timeline of how this property has performed in the market
  • 24 Jan 2019
    Listed for Sale Not Disclosed
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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 10,563 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.
There are currently 54 properties listed for sale, and 23 properties listed for rent in South brisbane on OnTheHouse. According to Cotality's data, 431 properties were sold in the past 12 months in South brisbane.

Suburb Insights for South Brisbane 4101

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.