701/229 Queen St

Brisbane City QLD 4000

Currently in the MacArthur Chambers Hotel, this apartment generated a rental income of $51,806.93 gross ($31,954.81 net) over the last full financial year. 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.
As well as video intercom, there is 1 secure car park with direct access to elevators & the security of a residents' lobby.
For MacArthur Chambers residents' exclusive enjoyment, there's a gym, outdoor swimming pool, spa, sauna, BBQ, & covered entertaining area.
Steeped in history, and perfectly located in the heart of the CBD, MacArthur Chambers is one of Brisbane's most prestigious buildings.
'MacArthur Chambers' became an important part of Australian history when in July 1942 American General Douglas MacArthur - Commander-In-Chief of the Allied Forces for the Pacific Region - moved to Brisbane & commandeered the premises as a base from which to conduct the crucial Pacific Campaigns of World War II.
The stunning 10-floor sandstone & granite building is an outstanding example of classic pre-war architecture, strongly influenced by the Art Deco movement & built as a 'no-expense-spared' symbol of banking & investment power & influence. Its design embodies a grace & elegance that would be impossible to recreate today.
The residential conversion has created apartments that offer unashamed luxury with granite, marble & ornate ceiling treatments. The clever merging of classic original features with peak quality contemporary fittings (including stainless steel European appliances) has created a unique style that effortlessly bridges the gap between pre-war style & the 21st century.
At your doorstep there is everything city living has to offer - the full range of shopping, Brisbane's top clubs, theatres, cinemas, restaurants & galleries. Located in the mecca of city heartland, MacArthur Central, Queens Plaza & the Queen St Mall offer a fine range of specialty, convenience stores & endless dining options.
Rental Income (2011-12) $51,806.93 gross ($31,954.81 net)
Body Corporate $5,275.11 per year
Council Rates $293.45 per quarter