Mantra South Bank, 161 Grey Street,
South Bank, QLD 4101
Hotel, Motel & Leisure • Shops & Retail
Price information
Sold
Contact Agent
Key property information
Car spaces
Parking info
Property extent
Zoning
Tenure type
Sold on
Map of Mantra South Bank, 161 Grey Street
Hotel investment with strong passive income and strata sell-down opportunity
Mantra South Bank
- One of Brisbane's newest hotels
- 161 rooms and apartments (rated 4.5 star)
- Leased to Mantra Group (11 years remaining)
- Net income - $3.15million (approx.) as at January 2010
- Annual rental increases with market reviews every three years
- Panoramic views over South Bank Parklands, Brisbane River and CBD
- Ideal location adjacent to the Brisbane Convention & Exhibition Centre and numerous other demand generators
- Limited competition in immediate area
- Hotel facilities include a restaurant, bar, two meetings rooms, gymnasium and outdoor swimming pool
- Strata titled providing opportunity for future sell-down
- Sought after hotel market with strong fundamentals
- One of Brisbane's newest hotels
- 161 rooms and apartments (rated 4.5 star)
- Leased to Mantra Group (11 years remaining)
- Net income - $3.15million (approx.) as at January 2010
- Annual rental increases with market reviews every three years
- Panoramic views over South Bank Parklands, Brisbane River and CBD
- Ideal location adjacent to the Brisbane Convention & Exhibition Centre and numerous other demand generators
- Limited competition in immediate area
- Hotel facilities include a restaurant, bar, two meetings rooms, gymnasium and outdoor swimming pool
- Strata titled providing opportunity for future sell-down
- Sought after hotel market with strong fundamentals
Property ID: 5576340Last Updated: 26 Jun 2015
+61 412 560 2...![realcommercial.com.au logo](/listing-ui-assets/img/rca-logomark.svg)
Mantra South Bank, 161 Grey Street
South Bank, QLD 4101
JLL - Hotels & Hospitality GroupLevel 27, 180 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
![109 Edward Street, Brisbane City, 109 Edward Street Brisbane City QLD 4000 - Image 1](https://i1.au.reastatic.net/360x191-smart=70,r=33,g=40,b=46,quality=60,progressive/33253fd8705d72a66b1e47eba5548acc94a3e9c810552d45e82ab5b941fbdf91/image0.jpg)
![JLL - Brisbane](https://i1.au.reastatic.net/170x46-fit/886cdb0164e123d675510ebbd11ca649e23c8dc665619e21744b7b6c7d5b7e9e/large_commercial.jpg)
Contact Agent
109 Edward Street, Brisbane City, 109 Edward Street,Brisbane City, QLD 4000 2796 m²Offices • Hotel, Motel & Leisure • Shops & Retail
![Citylink Guest House Toowong, 21 Valentine Street Toowong QLD 4066 - Image 1](https://i1.au.reastatic.net/360x191-smart=70,r=33,g=40,b=46,quality=60,progressive/b62fc8ef7881a4f5b371b2fb80b7969772c6e20e164fbf77871f43b2f6e7ea04/image0.jpg)
![Tewksbury Commercial - TOOWONG](https://i1.au.reastatic.net/170x46-fit/a04563f0319918181eddc33334a798b1ae5cdfc2858d0688d0ff0066c784f531/large.jpg)
Contact Agent
Citylink Guest House Toowong, 21 Valentine Street,Toowong, QLD 4066 1017 m²Hotel, Motel & Leisure • Other • Shops & Retail
![278 Milton Road Milton QLD 4064 - Image 1](https://i1.au.reastatic.net/360x191-smart=70,r=33,g=40,b=46,quality=60,progressive/2d31b83a7bc9d8899ceaa081f0ecb755ab64a684aefc30743125ea96ceeed98c/image0.jpg)
![Colliers - Brisbane](https://i1.au.reastatic.net/170x46-fit/34229594904b963f0d733600ae1d2806ce327c663109786938165bd5b0f3cbfb/large_commercial.jpg)
Contact Agent
278 Milton Road,Milton, QLD 4064 725 m²Development Sites & Land • Hotel, Motel & Leisure