Sold
Apartment

622/42 Montague Road SOUTH BRISBANE, QLD 4101

Sold on 15 May 2014
  • 1 Bed
  • 1 Bath
  • 1 Car
Office

Sold By

Apartment in SOUTH BRISBANE

Under Contract

  • 1 Bed
  • 1 Bath
  • 1 Car

(Entry & parking in Fleet Lane. Meet Agent in foyer)

Buyers $200,000+ this is one investment that won't break the bank!

Situated in the popular Riverside Hotel in Southbank, this 1 bedroom unit comes fully furnished with a secure car space. This is a fantastic investment opportunity with nothing to do except collect a solid net return of 7-8% all year round.

Riverside Hotel South Bank is a AAA rated 4 star Hotel & apartment complex, with full amenities including a licensed restaurant, pool and function facilities. The hotel is located in Brisbane's South Bank, which is known as the precinct for business, art, culture, education, dining and living and just minutes from the CBD.

The unit currently enjoys a high occupancy rate in the hotel letting pool, but you also have the flexibility of using it for your own use on arrangement.

This is one investment that won't break the bank! Make your offer now or at Auction, we're selling!

At a glance:

  • Fully furnished 1 bedroom unit
  • 1 security car space
  • AAA rated Hotel & apartment complex
  • Popular Southbank precinct
  • Walk to CBD

Body Corp & Insurance: $800 per qtr
Rates: $270 per qtr

Features:
  • Fully Furnished
  • Single Garage
Bedrooms:

1

Bathrooms:

1

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Suburb

SOUTH BRISBANE

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