408/188 Shafston AvenueKangaroo Point QLD 4169
Property Details for 408/188 Shafston Ave, Kangaroo Point
408/188 Shafston Ave, Kangaroo Point is a 1 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 27m2 and floor size of 28m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Kangaroo Point in the last 12 months.
Last Listing description (July 2024)
Positioned at the heart of Brisbane's booming landscape, this studio apartment offers an enviable location ensuring a steady income. It represents a strong, secure, and profitable investment opportunity. The 'Shafston Mansions' building maintains extremely low vacancy rates, making it highly attractive to investors seeking consistent rental income and minimized risk.
FINANCIALS / Quarter (approximate):
- Body Corporate: $1090
- Water: $300
Rent: $375/week. Current tenancy agreement expires 21/5/24
Its close proximity to upcoming infrastructure, vibrant amenities, and thriving attractions makes it an irresistible prospect for savvy investors looking for both immediate returns and long-term value growth.
Features of the Property:
- Studio apartment measuring 27m2
- Ideal for market newcomers and first-time homebuyers
- Includes built-in storage solutions
- Efficient kitchen with generous storage space
- Features a convenient study nook, ceiling fan, and portable air conditioner
- Offers natural ventilation through windows
Amenities at Shafston Mansion:
- Recreational lounge
- On-site laundry facilities
- Fully equipped indoor and outdoor gym
- Cafeteria and business services
- 24/7 on-site building management
- Secure swipe card access for top-tier security
Location Advantages:
- Near the upcoming Kangaroo Point Green Bridge for easy CBD access
- Close to dining, cafes, bars, and public transport
- Nearby attractions include the Brisbane River, Captain Burke Park, Kangaroo Point Cliffs, and Story Bridge Hotel
This exceptional studio apartment at 408/188 Shafston Avenue presents an outstanding investment opportunity. It's a lucrative option for investors seeking a strategic foothold in the vibrant Kangaroo Point area. With its blend of financial stability, extremely low vacancy rates, convenience, and attractive amenities, this property is a compelling choice for those looking to capitalize on Brisbane's thriving real estate market.
Take action now and call Louise Spencer to learn more about this prime investment opportunity!
Disclaimer
Spencer Group Property has made all reasonable endeavors to ensure that all information contained within this website is true and correct. However, Spencer Group does not guarantee its accuracy and accepts no responsibility for any errors, omissions or misrepresentations that may occur. Interested parties should make and rely on their own enquiries to verify the information provided.
Property History for 408/188 Shafston Ave, Kangaroo Point, QLD 4169
- 01 May 2024Sold for $210,000
- 24 Apr 2024Listed for Sale Not Disclosed
- 21 May 2002Sold for $177,000
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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 7,048 properties.
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