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Sold on 03 Jul 2024 for $250,000

808/188 Shafston Avenue
Kangaroo Point QLD 4169

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 31m2
Land area: 31m2
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Property Details for 808/188 Shafston Ave, Kangaroo Point

808/188 Shafston Ave, Kangaroo Point is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 31m2 and floor size of 31m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Kangaroo Point in the last 12 months.

Building Type
Unit
Floor Size
31m2
Land Size
31m2
Local Government
Brisbane
Lot/Plan
808/SP142469

Last Listing description (July 2024)

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 and occupiers.

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 approx.
Body Corporate Levies $950/quarter approx.
Current Rent $435/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
Fully Furnished Apartment
Onsite Management
Low Body Corporate Fees
Minutes to City and Public Transport Links

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Property History for 808/188 Shafston Ave, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$250,000
03 Jul 2024
  • 03 Jul 2024
    Sold for $250,000
  • 25 Jun 2024
    Listed for Sale $250,000
  • 15 Nov 2023
    Listed for Sale $215,000
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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 6,999 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.
There are currently 50 properties listed for sale, and 37 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 368 properties were sold in the past 12 months in Kangaroo point.

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