231 Shafston AvenueKangaroo Point QLD 4169
Property Details for 231 Shafston Ave, Kangaroo Point
231 Shafston Ave, Kangaroo Point is a 4 bedroom, 2 bathroom House and was built in 1940. The property has a land size of 476m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (May 2024)
One Block, Two Dwellings Develop, Invest or Nest!!!
Inviting you to secure your future in one of Brisbane's most tightly-held inner-city pockets, this four-bedroom character home is brimming with potential. Perfect for creating your dream home or investment opportunity, this timber house is re-configured into 2 x 2 BEDROOM UNITS and is set on a 476sqm corner allotment just a three-kilometre walk from Brisbane's CBD and a few hundred metres from the 2032 Olympic stadium.
The property is classified Medium Residential and is suitable for development subject to Council approval.
With a strong income and development potential this is a great opportunity.
Unit 1/231 Shafton Ave Features:
- 2 bedrooms 1 bathroom
- Vinyl floorings
- Carpet in the bedrooms
- Air conditioner
- Currently tenanted $400 per week
- Lease Ends: 10/3/24
Unit 2/231 Shafton Ave Features:
- 2 bedrooms 1 bathroom
- Decent sized living area
- Polished floorboards
- Currently tenanted 350 per week
- Lease Ends: 18/2/24
All this is located just moments from everything you could ever need. Public transport links, parks and the Brisbane River are all at your fingertips and you're within easy reach of Woolloongabba, the CBD and Fortitude Valley.
This is the area on the move and an opportunity not to be missed.
Disclaimer:
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Property Code: 1299
Property History for 231 Shafston Ave, Kangaroo Point, QLD 4169
- 07 Jul 2023Sold for $1,200,000
- 04 Jun 2023Listed for Sale SOLD
- 25 Aug 2020Listed for Rent $320 / week
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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 6,992 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 51.36% increase in median value, while Units have seen a 70.85% increase. As at 31 October 2024:
- The median value for Houses in Kangaroo Point is $1,639,896 while the median value for Units is $814,451.
- Houses have a median rent of $700 while Units have a median rent of $670.
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