Positioned on the 8th storey of the The Ridge Apartment Hotel in Spring Hill is this tastefully renovated extremely large studio apartment. The apartment has a single car space in the underground secure car park. This fully furnished studio apartment is in the best location in Spring Hill and is returning $305 p/w net to the owner (BC Levies / Council rates / Urban Utilities to be paid). The long term lease in place with the onsite management can be reinstated or terminated immediately. The apartment is currently rented as a hotel room, which assures that the place is meticulously maintained and serviced. The Ridge Apartment Hotel is a secure building with seven day reception. The building has been extensively renovated over the past 24 months. The new pool area on level one will complete the building renovations in late April 2019. Walking distance to the CBD and all Brisbane has to offer. On the free loop bus stop and just 400 meters to Central train station. On-site facilities include swimming pool, gym, High Speed WIFI and BBQ area. All this and cafes / restaurants / shops, transport and CBD all at your fingertips. • Body corporate fees approximately $1,428 per quarter • Council rates and water approximately $393 per quarter • Urban Utilities approximately $273 per quarter • Purchase price $219,000 • Inspections welcome at anytime. Please call Steve today.