SOLD

19/22 Arthur Street
Fortitude Valley QLD 4006

1
1
1
95m²
Unit

Sold 18th September 2024

$695,000

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Unit Selling on Arthur Street

Cash Cow - Returns of $1,679 per week!

Stylish Urban Living in Fortitude Valley

Discover the ultimate in modern city living with this stunning 1-bedroom, 1-bathroom apartment located in the heart of Fortitude Valley, Brisbane’s most vibrant and eclectic suburb. Perfect for young professionals, couples, or savvy investors, this residence offers a perfect blend of comfort, style, and convenience.

Property Details
– Individually zoned ducted air-con
– Chefs Kitchen with Miele appliances, 46 bottle Baumatic wine fridge & stone bench tops
– Bathrooms fitted out by Argent Australia
– Rooftop Oasis with a Stunning Pool, Steam Room & BBQ entertaining area
– Visitor Car Parks
– Boutique luxury development by Lachlan MacFarlane of Aqua Group
– Only 20 apartments!
– Can be sold fully furnished

Financial returns:
– Returned $54,302 for last financial year at 62% occupancy (average $1,679 per week when occupied)
– Owner only ran at 62% occupancy as he was using the property personally during some house renovations he was undertaking at another property
– At 100% occupancy that would equal $87,315 per year
– Outgoings TBA
– Currently has a stellar 4.93% rating on Airbnb
– Preference is sold fully furnished, please enquire about inspecting