Home/Properties/Kangaroo Point/701/188 Shafston Avenue
701/188 Shafston Avenue, Kangaroo PointAll offers by 5pm 6th July
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701/188 Shafston Avenue

Kangaroo Point, QLD 4169, Australia
Offers over
1 bath198 m²

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About this property

When calling, please use enquiry code 115785 Want high 8% yield low-maintenance investment in high-demand 2032 Olympics precinct? Or owner-occupy a riverside lifestyle City Pad with free car park in a tightly held inner-city suburb, moments from Story Bridge, South Bank, Fortitude Valley and CBD? Available vacant now is a recently painted and refurbished self-contained studio at Shafston Mansion, offering an efficient open-plan layout for a comfortable and easy living. The all-new kitchenette is furnished with a bar fridge, electric cooktop, and a tall pantry. All bills included in the body corp (see below). In addition, the studio comes with all furniture, including long study desks, chairs, TV, a foldable double sofa bed, a portable air-con, a smart tower and ceiling fan, and two wardrobes offering plenty of storage spaces. Positioned next to Shafston International College heritage site on the river just across Sydney Ferry terminal in New Farm, the complex features a secure car park, laundry and beautifully furnished spacious lobby with onsite reception. Exercise on level 4 in a fully equipped gym or entertain at a TV lounge or at a large outdoor deck for a BBQ. Located just moments from major hospitals, Gabba Stadium, scenic river walks, multiple ferry terminals, and the iconic Kangaroo Point Cliffs, the property places you within walking distance to CBD, South Bank, Fortitude Valley and New farm while living without the hustle and bustle to come with. As a prime location City Pad in a high-growth 2032 Olympics precinct, it was returning $465 per week by last tenants which presents an exceptional yield for investors.  Property Highlights: Council rates $548.8 per quarter Body Corp. $1340.57 per quarter (includes water, electricity) Private bathroom with modern finishes Kitchenette with electric cooktop and bar fridge Secure car park, gym, TV lounge and BBQ area Secure building with lift access Secure a prime inner-city riverside location with excellent potential for growth in a tightly held 2032 Olympics precinct. Book your inspection before missing out. When calling, please use enquiry code 115785

Property Features

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    Repayment calculator

    $5,818/month
    $2,909 /fortnight
    Loan $960,000 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$240,000
    Stamp duty$49,525
    Conveyancing (est.)$2,000
    Total upfront$291,525
    Verify with QLD revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bathrooms
    1
    Land Area
    198 m²
    Listed
    Yesterday

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