Arguably Brisbane’s best yielding investment properties, Rydges Hotel South Bank apartments rarely become available for sale, especially with realistic vendors! Currently returning $1359/month net (only expense is council rates) and about to receive an increase to around $1500/month net, I doubt you will find anything in this price range that even comes close to comparing dollar for dollar!
Located in a fantastic location in South Bank, with an array of restaurants, cafes, bars and the famous South Bank parklands literally at the front door, the fundamentals of this high yielding investment in a top location are nothing short of perfect! This studio apartment is situated on the 7th floor with a pleasant view and has access to all of the complex facilities including spa, sauna, gym, multiple restaurants and terrific onsite management.
Act now for the investment opportunity of the year! Genuine sellers will look at offers immediately or will be sold by public auction 25th August 2011.