This great little earner located in the sought after Rydges Hotel, South Bank is sure to be popular with investors with massive occupancy rates, an excellent brand name and panoramic views over South Bank, Brisbane River and the CBD! This particular apartment is located on the Northern corner of the building with uninterrupted views from the 34sqm studio, with a pre-guaranteed monthly income that is reviewed annually.

With all of the bars, restaurants, cafes, transport and shopping of South Bank literally downstairs, occupancy in the building will never be a problem and is sure to appreciate the value of the apartment as time goes on!

An income of $10288.89 after ALL expenses gives a return of 6.43% at the list price of $160,000. If you can find another apartment in Brisbane for this price that has the same profile as the Rydges, the same location as South Bank and the same views as these, I recommend you buy it!

Be fast as the owner is looking to have it sold, pronto! Contact Brandon Wortley on 0422 025 304 for more information or a returns schedule.

Copy of Sustainability Report available on request.