OFF MARKET

914/188 Shafston Avenue
Kangaroo Point QLD 4169

Bedrooms: -
Bathrooms: 1
Car spaces: -
Floor area: 21m2
Land area: 25m2
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Last updated 11 Nov 2024
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Property Details for 914/188 Shafston Ave, Kangaroo Point

914/188 Shafston Ave, Kangaroo Point is a 0 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 25m2 and floor size of 21m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
2001
Floor Size
21m2
Land Size
25m2
Local Government
Brisbane
Lot/Plan
914/SP142469

Last Listing description (April 2022)

This impressive studio apartment located in the heart of Kangaroo Point could be the next property for your investment portfolio or your first jump into the investment game - this well-appointed and fully furnished studio apartment is conveniently located adjacent to the Shafston International College.
Situated on the 9th Floor, this studio apartment would suit an astute investor seeking opportunity, or a young professional couple wishing to dip their feet in the lifestyle that inner Brisbane has to offer.

The Shafston Mansion building boasts an array of student friendly amenities such as a recreational lounge, on-site laundry, fully equipped indoor and outdoor gym.
The UniLodge staff are on-site 5 days a week ( Mon - Fri ) to attend to all related tasks and with secure swipe card access throughout the building - security is not an issue.
This air conditioned apartment is located in close proximity to the CBD with 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.
Currently, this apartment is maintaining a rental income figure of $290.00 per week
Important Financial Points:
- $290.00 per week gross rental income ($15,080 per year)

- Body Corporate Fees: Approx $2,809 per annum (Free Electricity & High Speed Internet Provided within this) (Body Corporate Fees are subject to change from the 10th of Dec 2021 after the AGM.)
- Council Rates: approx $1626 per annum
- Management Fees approx $1076 per annum
Important Property Points:
- 1 Bedroom, 1 Bathroom
- 21sqm Internal Floor Area
- Situated on the 9th Floor
- Fully Furnished
- On-Site Management 5 days a week between 9-5pm & Secure Access
- Electricity & High Speed Broadband (approx 16gb per week) provided by the Body Corporate
- Recreational Lounge& Fully Equipped Gym
- City Cat, City Hopper, Bus & City Cycle Services all close by
- Less than 4kms from Brisbane CBD and less than 500m walking distance to the ferry
Call Litsa Stylianou on 0431 172 691 to schedule an inspection.

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Property History for 914/188 Shafston Ave, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$150,000
04 Mar 2022
  • 04 Mar 2022
    Sold for $150,000
  • 01 Dec 2021
    Listed for Sale Expression of Interest
  • 08 Nov 2001
    Sold for $185,000

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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 6,992 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 36 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 356 properties were sold in the past 12 months in Kangaroo point.

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