SOLD
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Sold on 31 Oct 2023 for $210,000

807/188 Shafston Avenue
Kangaroo Point QLD 4169

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 25m2
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Property Details for 807/188 Shafston Ave, Kangaroo Point

807/188 Shafston Ave, Kangaroo Point is a 1 bedroom, 1 bathroom Unit. The property has a land size of 25m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 1 bedroom Unit sold in Kangaroo Point in the last 12 months.

Building Type
Unit
Land Size
25m2
Local Government
Brisbane
Lot/Plan
807/SP142469

Last Listing description (October 2023)

Just a short walk and ferry ride to Brisbane city and with public transport at the doorstep, this property is in incredible high demand for tenants.

This complex sits on a 1928m2 block just metres from Brisbane River, making it a high interest building for potential future development.

With beautiful views of the city and suburbs from the 8th floor balcony, there really isn't a more secure investment for cashflow.

Whether you are looking to purchase in a Self-Managed Super Fund, cross-securitise with your home's equity or buy this property cash, you'll be thrilled with the return over the coming years as rent continues to climb.

Built 2001
Council Rates $430/quarter
Body Corporate Levies $950/quarter
Current Rent $400/week

LOCATION
200m to Shafston Avenue Bust Stop
600m to Kangaroo Point Cliffs
600m to Mowbray Park & Ferry Terminal
1.2km to The Gabba
2km to Mater Private Hospital
2.5km to Southbank Parklands
3km to QUT Gardens Point
3.5km to Princess Alexandra Hospital
3.5km to Brisbane CBD
4.5km to UQ St Lucia
5km to Greenslopes Hopsital
16km to Brisbane Airport

Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

9% Rental Yield
Furnished Apartment
Secure Tenancies
Onsite Management
Low Body Corporate Fees
Minutes to City and Public Transport Links

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Property History for 807/188 Shafston Ave, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$210,000
31 Oct 2023
  • 24 Oct 2023
    Sold for $210,000
  • 20 Sep 2023
    Listed for Sale $215,000
  • 30 May 2002
    Sold for $178,000

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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 7,060 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 63.72% increase in median value, while Units have seen a 65.52% increase. As at 31 July 2024:

  • The median value for Houses in Kangaroo Point is $1,519,449 while the median value for Units is $794,548.
  • Houses have a median rent of $740 while Units have a median rent of $650.
There are currently 48 properties listed for sale, and 45 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 372 properties were sold in the past 12 months in Kangaroo point.

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