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South Brisbane
L3/20 Montague Rd

Price: $188,000


  • Bedrooms: 0
  • Bathrooms: 1
  • Carspaces: 0
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Property Details

What a return on your investment!

A fantastic opportunity awaits the astute buyer to secure this South Brisbane hotel studio. Perfect for the investor looking to enter the market, or simply seeking an excellent return. This hotel studio is currently on a fixed term lease in the Riverside Hotel Letting Pool with no management fees and no electricity bills. Riverside Hotel also pay your body corporate fees, water and rates. Plus you also receive a monthly income of $1026!! You’d be hard pressed to find an opportunity like this!

If you are looking for a property with low body corporate fees, then look no further. The close proximity to river walk, bikeways, GOMA, QPAC, South Bank entertainment precinct with bars and restaurants, as well as Suncorp Stadium, makes this a prime location for would be guests, visitors and residents.
The hotel facilities include a pool, restaurant and a reception which is open 7 days a week for your convenience.

Close to you:

– 400m to Gallery of Modern Art (GOMA)
– 400m to State Library of Queensland
– 450m to Kurilpa Bridge
– 500m to Queensland Museum
– 550m to QPAC
– 14 walk to South Bank

The unit is currently tenanted therefore photos are unavailable however photos of like Riverside Hotel rooms are available on request.

A second hotel studio right next door is also available for sale! Contact us now to arrange your private inspection!

Property Code: 4751