Sold November 2016

309/20 Montague Road South Brisbane 4101 QLD

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Studio 0 0

Affordable Investment or Brisbane Bolthole

The "Riverside Hotel" is very popular with tourists, investors and business people alike.

You are able to reside permanently here or part time and or contract with the excellent long established on-site manager for long or short term leasing providing excellent returns.
An indicative permanent rental from the manager is $360 per week.

The complex includes a pool and restaurant facilities and is just a short walk from:-

Gallery of Modern Art
Brisbane City via the Tank Street Bridge
State Library, Museum and Performing Arts Complex
Southbank Parklands

This apartment is on level 5 facing Fleet Lane and is currently rented.

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

See www.riverside hotel.com.au for further information

Body Coporate $3504 per annum including Foxtel
Council Rates $1464 per annum
Water Rates $980 per annum

Total $6000 approximately per year.

EXPAND…

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Agent Information

First National Metro

115 Boundary Street
South Brisbane QLD, 4101
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First National Metro

115 Boundary Street
South Brisbane QLD, 4101
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