SOLD
Sold on 11 Mar 2024 for $200,000

512/188 Shafston Avenue
Kangaroo Point QLD 4169

Bedrooms: -
Bathrooms: 1
Car spaces: -
Floor area: 21m2
Land area: 21m2
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Property Details for 512/188 Shafston Ave, Kangaroo Point

512/188 Shafston Ave, Kangaroo Point is a 0 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 March 2024. There are other 0 bedroom Unit sold in Kangaroo Point in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
21m2
Land Size
21m2
Local Government
Brisbane
Lot/Plan
512/SP142469

Last Listing description (April 2024)

This fully equipped studio apartment located on the fifth floor of the 'Shafston Mansions' building represents great value buying. This studio apartment is the perfect entry into the market for first-home buyers, investors or downsizers who are searching for low maintenance living whilst being surrounded by great lifestyle options.

Boasting a slick compact layout filled with sunlight, this apartment features an open floor plan with a fully functional kitchen featuring ample storage space. The bedroom space features built in wardrobes, ceiling fan and air conditioning. The fully functional bathroom is complete with floor to ceiling tiling, shower and toilet.

This fully furnished, air-conditioned studio apartment is conveniently located adjacent to the Shafston International College and enjoys a premium location in the heart of Kangaroo Point close to the Mowbray Park ferry terminal. Residents will also appreciate the complexes array of amenities such as recreational lounge, fully equipped gymnasium and cafeteria. Further to this, the onsite management team are onsite 24 hours a day.

Property Features:
- Fully furnished
- Built in wardrobes
- Very low vacancy rate
- Efficient kitchen with generous storage/cupboard space
- Bathroom with floor to ceiling tiling, shower and toilet

Complex Features:
- Professional onsite management
- Fully equipped gymnasium
- Recreational lounge
- Cafeteria
- On site laundry facilities
- Low maintenance and economical body corporate fees include electricity & internet

Body corporate contributions: $3,974 p.a.
Council rates: $2,000 p.a. (Approx)

The Shafston mansion building boasts an array of amenities such as a recreational lounge, on-site laundry, fully equipped indoor and outdoor gym, cafeteria as well as photocopying/printing facilities.

With a location forever in demand, this market offering is enticing for both professionals and investors with the offer of a vibrant lifestyle and resort style facilities to match.

Kangaroo Point is an upscale inner-city peninsula paradise, surrounded by water and parklands. Transport needs are serviced by ferries, City Cats, buses with quick access to the Clem Jones tunnel, South East Freeway and Story Bridge. Entertainment is supplied by the Jazz Club, Story Bridge Hotel and the Gabba'.

The area boasts many high-quality restaurants and cafes, all within walking distance. Those who reside in Kangaroo Point enjoy the benefits of an inner-city lifestyle in a peaceful setting without the hustle and bustle. Strong demand exists for both rentals and sales in this exclusive premier location.

Property History for 512/188 Shafston Ave, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$200,000
11 Mar 2024
  • 11 Mar 2024
    Sold for $200,000
  • 04 Mar 2024
    Listed for Sale Offers Over $200,000
  • 01 Feb 2002
    Sold for $174,000

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About 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 60.78% increase in median value, while Units have seen a 62.91% increase. As at 31 August 2024:

  • The median value for Houses in Kangaroo Point is $1,598,199 while the median value for Units is $807,923.
  • Houses have a median rent of $705 while Units have a median rent of $650.
There are currently 43 properties listed for sale, and 51 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 376 properties were sold in the past 12 months in Kangaroo point.

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Justin Smith
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Soren Andersen
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Kangaroo Point Real Estate
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.