Sold
405/188 Shafston Avenue,
Kangaroo Point 4169, Queensland
$282,000
Property details
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Agents
Fully Renovated Studio in Prime Kangaroo Point Location!
With every detail upgraded, the apartment presents as new - appealing to both tenants and investors seeking a high-yield, low-maintenance property. Featuring reverse cycle aircon and offering a strong rental return of $450-$460 per week and a 9% yield, this is an opportunity not to be missed.
Situated in a secure, well-maintained complex on a 1,928m² river-side block, residents enjoy premium facilities including a well equipped gym, lounge, and outdoor entertaining area overlooking the water. Public transport is right on the doorstep, with the CityCat, bus stops, Kangaroo Point Cliffs, and CBD all within minutes.
Whether held in a Self-Managed Super Fund or added to your growing portfolio, this property promises consistent performance and strong future demand in one of Brisbane's most tightly held suburbs.
Features include:
- Fully furnished studio apartment
- Recently renovated
- EXCELLENT 9% ROI | $450-$460/week
- Onsite management and secure tenancies
- Gym, lounge & outdoor river-view terrace
- 200m to bus stop | 600m to ferry & Kangaroo Point Cliffs | minutes to CBD
Financials
- Rates: $500 per quarter
- Water: $200 per quarter + usage
- Body Corporate Levy: $1,500 per quarter (approx. including electricty)
- Rental Appraisal: $425 - $475 per week
Explore the area
School catchments
- St Joseph's Primary School Primary Prep-6 Catholic 0.92km
- East Brisbane State School Primary Prep-6 Government 1.1km
- Anglican Church Grammar School Combined Prep-12 Independent 1.3km
- Holy Spirit School Primary Prep-6 Catholic 1.4km
- Somerville House Combined Prep-12 Independent 1.6km
- Indie School, Logan - Brisbane City Campus Secondary Independent 1.7km
- The BUSY School - Brisbane Campus Secondary Independent 1.8km
- Coorparoo Secondary College Secondary 7-12 Government 1.8km
- Brisbane School of Distance Education Combined Prep-12 Government 1.8km
- Coorparoo Centre for Continuing Secondary Education Secondary Government 1.8km
- St Laurence's College Combined 5-12 Catholic 1.8km
- All Hallows' School Combined 5-12 Catholic 1.8km
- New Farm State School Primary Prep-6 Government 1.9km
- St James College Combined 5-12 Catholic 1.9km
- Music Industry College Secondary 11-12 Independent 2.0km
- Brisbane State High School Secondary 7-12 Government 2.0km
- Lourdes Hill College Combined 5-12 Catholic 2.1km
- Australian International Islamic College - Buranda Campus Combined Independent 2.2km
- The Industry School - Brisbane Secondary 10-12 Independent 2.2km
- Dutton Park State School Primary Prep-6 Government 2.3km
- Brisbane Central State School Primary Prep-6 Government 2.3km
- Norman Park State School Primary Prep-6 Government 2.3km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
Find out how much home loan repayments will be
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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.
Photos
Floorplan
Contact Ethan Petrie
Contact Ethan Petrie
Ethan Petrie
405/188 Shafston Avenue, Kangaroo Point QLD 4169
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Ethan Petrie
405/188 Shafston Avenue, Kangaroo Point QLD 4169