An amazing and rare opportunity presents itself here with one of the Rydges Hotel’s best apartments! King Suite’s are extremely rare in this 4.5 star building and offer enormous returns for the savvy investor!

This 82sqm refurbished (depreciation benefits) one-bedder is located on the 7th floor and has dramatic views of the Brisbane River and CBD. The return of $40,803.51 has been earned during the ’08-’09 financial year and is a NET amount after all management, body corporate, council rates, electricity etc has been paid! This equates to an average of around $785/week net!

This apartment has access to all of the facilities that the hotel has to offer, including gym, spa, sauna, great management, restaurants and bars. You are located smack bang in the middle of South Bank with all of the wonderful amenities it has to offer and less than 1km from the CBD.

At $460,000, this represents a net return of 8.87% annually! I challenge you to find something else in Brisbane returning these dollars!

Call Brandon on 0422 025 304 or email brandon.wortley@raywhite.com for returns, inventory and an inspection!

This will not last long so enquire now!