1103/188 Shafston AvenueKangaroo Point QLD 4169
Property Details for 1103/188 Shafston Ave, Kangaroo Point
1103/188 Shafston Ave, Kangaroo Point is a 1 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 21m2 and floor size of 21m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Kangaroo Point in the last 12 months.
Last Listing description (October 2024)
Situated on the eleventh floor of the 'Shafston University Mansions' building, this studio apartment offers an ideal opportunity for first-time homebuyers or investors seeking a low-maintenance lifestyle in a vibrant area. Secure your own urban retreat in this highly coveted location!
This sunlit apartment features a sleek, compact layout with an open floor plan. The fully functional kitchen boasts ample storage, while the generously sized bedroom includes built-in robes and a ceiling fan. The bathroom is easily accessible, equipped with a shower, toilet, and cleverly hidden storage.
The Shafston Mansion building provides an array of top-notch amenities, such as a recreational lounge, on-site laundry facilities, fully equipped indoor and outdoor gyms, a cafeteria, and photocopying and printing services. The on-site management team ensures all your needs are met, and secure swipe card access guarantees high-level security.
With an expected rental return of $400 per week, this property is a solid investment.
Property Features:
- Fully functional kitchen with ample storage
- Built-in robes
- Bathroom with shower and toilet
- River glimpses
- Very low vacancy rates
- Ideal for first-time buyers or investors in a prime location
- Excellent rental returns
Complex Features:
- Professional on-site management
- Fully equipped gym
- Recreational lounge
- Cafeteria
- On-site laundry facilities
- Low maintenance, economical body corporate fees covering electricity & internet
- Secure lift access
Financials:
Body corporate contributions: $3,974 p.a.
Council rates: $2,000 p.a. (approx.)
This is a fantastic opportunity for those looking to enter the property market or secure a positively geared investment with minimal outlay!
The location is unbeatable, with the Cross River Rail under construction and the Green Bridge from Kangaroo Point to the city just moments away. This area is rapidly evolving.
Kangaroo Point is a prestigious inner-city peninsula surrounded by water and parklands. Transport options include ferries, City Cats, buses, and easy access to the Clem Jones tunnel, South East Freeway, and Story Bridge. Entertainment options include the Jazz Club, Story Bridge Hotel, and the Gabba.
The area features numerous high-quality restaurants and cafes, all within walking distance. Residents of Kangaroo Point enjoy the benefits of an inner-city lifestyle in a tranquil setting, free from the hustle and bustle. There is strong demand for both rentals and sales in this exclusive, premier location.
Property History for 1103/188 Shafston Ave, Kangaroo Point, QLD 4169
- 18 Sep 2024Listed for Rent $400 / week
- 01 Sep 2024Sold for $229,000
- 13 Aug 2024Listed for Sale UNDER CONTRACT
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0About Kangaroo Point 4169
The size of Kangaroo Point is approximately 1.8 square kilometres. It has 6 parks covering nearly 12% of total area. The population of Kangaroo Point in 2011 was 6,999 people. By 2016 the population was 8,050 showing a population growth of 15.0% in the area during that time. The predominant age group in Kangaroo Point is 20-29 years. Households in Kangaroo Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kangaroo Point work in a professional occupation. In 2011, 37.5% of the homes in Kangaroo Point were owner-occupied compared with 36.9% in 2016.
Kangaroo Point has 7,061 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 55.75% increase in median value, while Units have seen a 65.41% increase. As at 30 September 2024:
- The median value for Houses in Kangaroo Point is $1,635,935 while the median value for Units is $817,925.
- Houses have a median rent of $700 while Units have a median rent of $650.
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