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706/188 Shafston Avenue, Kangaroo Point$290,000
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Soldstudio

706/188 Shafston Avenue

Kangaroo Point, QLD 4169, Australia
$290,000
1 bath24 m²

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About this property

Positioned on level 7 within a well-maintained complex just metres from the Brisbane River, this smart and functional studio apartment presents an outstanding opportunity for investors seeking strong returns and consistent cash flow in one of Brisbane's most in-demand inner-city locations. Designed for low-maintenance living, the apartment maximises its 24 sqm footprint with a practical open-plan layout, complemented by large windows that invite in natural light and enhance the sense of space. The inclusion of an internal washing machine adds everyday convenience, while access to additional communal laundry facilities on level 3 provides further flexibility. This is an investment that truly works for you-offering a solid return, low body corporate fees, and onsite management for peace of mind. With high tenant demand in the area and proximity to key lifestyle and transport amenities, it's an ideal set-and-forget addition to any portfolio. Why you'll love the complex: Residents enjoy access to a range of lifestyle-focused facilities, including a stunning rooftop entertaining area complete with a swimming pool, multiple seating zones, BBQ facilities, and a fireplace-all set against sweeping views of the city skyline and Brisbane River. There's also an outdoor gym overlooking the river, as well as a fully equipped gym and lounge area on level 4. Set on a substantial 1,928sqm landholding, the complex also offers long-term upside potential, with its prime riverside position making it a compelling prospect for future redevelopment (STCA). Why you'll love the location: Located just minutes from the CBD, with easy access to public transport, riverside walkways, cafes, and local amenities, this address delivers unbeatable convenience. Whether it's for tenants seeking a vibrant city-fringe lifestyle or investors looking for a high-performing asset, this is a location that continues to deliver. An affordable entry into a blue-chip riverside pocket-secure your investment in Kangaroo Point today.

Property Details

Property Type
studio
Listing Type
Sold
Bathrooms
1
Land Area
24 m²
Listed
2 months ago

Repayment calculator

$1,406/month
$703 /fortnight
Loan $232,000 at 6.10% over 30 years

Upfront costs

Deposit$58,000
Stamp duty$8,575
Conveyancing (est.)$2,000
Total upfront$68,575
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.

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Neighbourhood

Living in Kangaroo Point

This studio in Kangaroo Point, QLD 4169 sits within reach of public transport, local shops local amenities. It is listed 87% below the $2.20m median of 64 comparable studioswithin 5 km.

What's nearby

  • Shafston Ave at Connor Street, stop 7/10 (bus)139 m away
  • Gabba Screen Printing Supplies461 m away
  • Raymond Park510 m away
  • Mowbray Park550 m away
  • Merthyr Park710 m away

Kangaroo Point at a glance

Full suburb profile
Population
9,689
Median age
36
Household income
$2,058/wk
Median rent
$450/wk
Median mortgage
$1,950/mo

Source: ABS Census.

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Kangaroo Point price trend

Median sold · House 3 bed

$1.79mcurrent median

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