16/192 Wellington Road, East Brisbane QLD 4169

Auction

• Fri 10 June @ 10:30AM 10/06/2022 10:30 AM 10/06/2022 10:30 AM Australia/Sydney Auction for 16/192 Wellington Road, East Brisbane QLD 4169 16/192 Wellington Road, East Brisbane QLD 4169 Ray White Brisbane City false DD/MM/YYYY

SOLD BY KARL YESBERG & DEAN YESBERG

1 beds

1 baths

1 parking

SOLD BY KARL YESBERG & DEAN YESBERG

Located in East Brisbane this studio apartment will offer the astute investor a great investment and a chance to own part of a hotel.

The Wellington Apartment Hotel is well run, has excellent facilities including a swimming pool, exceptional restaurant, and BBQ area, secure undercover car space all within a short walk to the famous Gabba, and to the City Cat river ferry.

This spacious studio is the ideal investment or short stay property. The property is currently managed by the hotel operator. The hotel is getting good occupancy with the potential of increased returns now that borders are reopened. Owners are able to occupy on the occasional basis, perfect for that special footy/cricket game at the world-famous Gabba sports ground.

The apartment features:

- One Bedroom Studio
- Ducted Air Conditioning
- Self Contained Kitchen
- Secure undercover car park
- Foxtel
All this plus:
- 24 hour on-site management
- Guest laundry
- Fully equipped restaurant
- Pool area
- BBQ area
- Professional cleaning service as required

The Location is outstanding, on the border of Kangaroo Point and only approx 2km from the CBD.
Across the road are Hotels, Cafés, Shopping and more. The world-famous Gabba Cricket ground the host venue for the 2032 Olympics is only approx 1 km walk away

The Wellington is a low-rise hotel sitting on a large block of land with potential high-rise capabilities if amalgamated. Do your own searches
We will defy you to find a cheaper investment or better buy in the area. This is one to put in your portfolio.

Property Details

• Type: Apartment
• Bedrooms: 1
• Bathrooms: 1
• Garage Spaces: 1