106/229 Queen Street, Brisbane City QLD 4000
Iconic MacArthur Chambers Luxury Private Exclusive
A rare opportunity prevails to invest in one of Brisbane’s most loved and sought after Heritage buildings. MacArthur Chambers offers the astute investor incredible value in a building rich in history, architectural design, location offerings and investment returns.
Stylishly designed in the landmark building is this fabulous one bedroom + study apartment offering exceptional privacy in the heart of Brisbane’s CBD. Unparalleled exceptional value for a 1 car 1 or 2* bedroom and or + study apartment with an overall floor plan of 82 to 105m2* (STBCA) The second room is big enough to be a bedroom but with no windows it is classed as a study making this an exceptional buy in.
Currently in the MacArthur Chambers Hotel, this apartment has generated a rental income last financial year of $43,461 Gross with a 5 Year Average Grossing $47,533 with Net Profit of $29,694 per annum with an Annual Occupancy at 61%, New owners may choose to enjoy the benefits of this high-yield investment or just move in & enjoy one of the finest addresses Brisbane has to offer.
While most visitors will be focused on how to capitalize on the outdoor area maximizing its possible 8 to 27m2 floor space like unit 104 has, a closer inspection will reveal many of the obvious and hidden treasures of this fine property. The luxurious marble bench tops in the kitchen and bathrooms, the large open floor plan, the study that’s big enough to be a bedroom – the excitement of a secure car space in the heart of the CBD right down to the ornate ceilings will be welcomed delights.
Tightly held, highly sought after building, exudes old world class & charm
Contact Robert Ferguson anytime to schedule your private viewing.
This property is being sold by negotiation and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.
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