South Brisbane QLD 4101, Australia
118/1A Glenelg Street is a 43 m² studio unit on level 1 of the 12‑storey Rydges South Bank complex, sold for $245,000 on 1 May 2025.
The building provides three lifts, on‑site parking spaces and direct access to major transport nodes, including South Brisbane train station and the ferry terminal, making it well suited for investors seeking a professionally managed hotel‑lease arrangement in a high‑traffic cultural precinct
Also written as Unit 118, 1A Glenelg Street.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 1 May 2025 | $245,000 | — |
The commercial property is listed at $245,000. This price reflects the current market offering for the unit
South Brisbane is served by a suburban train station at South Brisbane, South Bank CityCat ferry wharf, and nearby South East Busway stations at Cultural Centre, South Bank and Mater Hill. Several river bridges provide quick road access to the Brisbane CBD
The unit is within walking distance of hotels (Rydges, Mantra, Novotel), the Brisbane Convention & Exhibition Centre, South Bank Parklands, restaurants on Grey Street and Little Stanley Street, and cultural venues such as the Queensland Performing Arts Centre. These attract high visitor numbers that can boost foot traffic for nearby enterprises
Yes; South Brisbane’s inner‑city position, youthful population (median age 30) and proximity to major attractions make it ideal for cafes, professional services, or boutique retailers seeking strong local and tourist clientele
The suburb had a population of 14,292 in the 2021 census, with a significant proportion of residents in their twenties. This youthful, densely populated area supports businesses that cater to active, on‑the‑go consumers
Within 0.2‑0.3 km you’ll find the Brisbane Convention & Exhibition Centre, South Bank Parklands, the Wheel of Brisbane, Nepal Peace Pagoda, and the Southbank 5 Cinemas. These venues draw thousands of visitors daily, providing a steady stream of potential customers
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