SOLD
Sold on 06 Mar 2024 for $200,000

905/188 Shafston Avenue
Kangaroo Point QLD 4169

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 21m2
Land area: 21m2
Sold By
Stephen Pahl
Stephen Pahl Realty
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Property Details for 905/188 Shafston Ave, Kangaroo Point

905/188 Shafston Ave, Kangaroo Point is a 1 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 1 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
905/SP142469

Last Listing description (September 2024)

This studio apartment is a most affordable entry level unit located high in the building, fully furnished, air conditioned and is perfect if you are looking for a Brisbane base, or somewhere for your children for University. Currently leased until 14 June 2024 at $360 per week rent.

The Body Corporates include all Electricity and high speed internet. That's right - no power bills here.

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.

This unit has been upgraded with a double bed, full size fridge, and installation of an Air Conditioner unit.

Situated on Level 9, this studio apartment would suit an astute investor seeking a high yield investment opportunity, or a young professional wishing to initially owner occupy as a first home purchase.

The flawless positioning of the iconic Shafston Mansion building integrates many owner occupier residents, university students and young professionals with the extensive list of amenities both the building and the local area have to offer.

The Shafston Mansion building features 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. Further to this, the building management team are on-site 24 hours a day to attend to all related tasks and with secure swipe card access throughout the building - security is not an issue.

With the Brisbane traffic levels on the rise, this property is in a prime position with close proximity to both City Cat & City Hopper Ferry Services, bus services as well as a City Cycle station close by. Further to this, there are a range of local cafes, restaurants, supermarkets and bars nearby.

Important Financial Facts:
- $360.00 per week gross rental income
- Body Corporate Fees: Approximately $3,028 per year
- Body Corporate fees include Free Electricity & High Speed Internet
- Council Rates: Approximately $1,800 per year

Important Property Facts:
- 1 Bedroom, 1 Bathroom
- 21sqm Internal Floor Area
- Air Conditioning
- Double bed configuration
- Full size Fridge
- Kitchenette
- Situated on the 9th Floor facing East
- Fully Furnished
- 24 Hour On-Site Management & Secure Access
- Electricity & High Speed Broadband (approx 16gb per week) provided by the Body Corporate
- Recreational Lounge, Fully Equipped Gym & Cafeteria
- City Cat, City Hopper, Bus & City Cycle Services all close by

Contact Stephen Pahl on 0404266085 to inspect

Property History for 905/188 Shafston Ave, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$200,000
06 Mar 2024
Listed for Rent
$340/w
19 Dec 2022
  • 06 Mar 2024
    Sold for $200,000
  • 27 Feb 2024
    Listed for Sale Not Disclosed
  • 17 Nov 2022
    Listed for Rent $340 / week
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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 6,991 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.
There are currently 36 properties listed for sale, and 34 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 361 properties were sold in the past 12 months in Kangaroo point.

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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.