MacArthur Chambers 8.5% Return

If you are looking for an investment property or inner city base, then look no further. This impressive one bedroom apartment in the luxurious MacArthur Chambers comes fully-furnished & is currently leased through the Hotel. The rental income over the last 12 months was $46,920 gross, which represents an outstanding 8.5% return.

Accommodation consists of one large bedroom with a full wall of built-in wardrobes, and a luxurious granite & marble ensuite.

The open plan living & dining room features high ornate ceilings, decorative cornices and bulk heads in the ceiling. A full wall of sliding glass doors open to a small balcony.

The granite kitchen is complete with Smeg stainless steel appliances, two pack cabinetry & ample storage.

This stunning sandstone building was constructed between 1931 and 1934 and was originally headquarters for the Australian Mutual Provident Society. However, the building became an important part of Australian history in 1942. American General, Douglas MacArthur - Commander-In-Chief of the Allied Forces for the Pacific Region - moved to Brisbane and seized the premises as a base to conduct the crucial Pacific Campaign of World War II. This is how the building came to be known as it is today - MacArthur Chambers.

Your opulent apartment in this outstanding building also offers secure parking for 1 car with direct lift access, video intercom, ducted air-conditioning, stunning sparkling pool and spa complete with barbeque area which adds to the overall appeal. Forget paying gym membership with an equipped gymnasium downstairs as well as a sauna and shower room. The building has on-site management, which ensures first class treatment for staying guests, or offers you contemporary living, with an executive feel.

New owners may choose to benefit from this high-yield investment, or simply move in & enjoy the lifestyle yourself.

Rental Income 2014-15: $46,920 gross ($29,694 net)
Body Corp $1,629 per 6 months
Rates $328 per 3 months

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Dan Argent

Dan Argent

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Phone 07 3854 1881 

Mobile 0402 214 900