Sold | Apartments | 530/20 Montague Road, South Brisbane QLD 4101 | $265,000

Affordable Investment or Brisbane Bolthole

  • 1 Bed
  • 1 Bath
  • 1 Car

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 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.

This property is proudly listed by:

First National Real Estate Metro 115 Boundary Street
West End QLD 4101

Enlarge Map

Open for Inspection
By Appointment

Additional information

Property Type Apartments
Property ID 11022103338
Street Address 530/20 Montague Road
Suburb South Brisbane
Postcode 4101
Price $265,000