Back 1002/188 Shafston Ave
Off Market

1002/188 Shafston Ave

Kangaroo Point QLD 4169

1
1
21 m²
24 m²
Unit
Last sold for $270,000
Blaze StevensBlaze Stevens, last sold this property on 22 September 2026 after 46 days on market.

Overview

Set-and-Forget Investment in the Heart of Kangaroo Point

Looking for a hands-off investment with immediate returns? This Uni-Lodge studio apartment at 188 Shafston Avenue, Kangaroo Point ticks every box for the savvy investor. Currently tenanted until February 2027 at $360 per week, with expected rental returns of $450.00+ Weekly at next rent review this property offers instant rental income from settlement no vacancy period, no leasing hassle, just secure cash flow from day one. Property highlights: • Fully self-contained studio apartment • Tenanted until February 2027 at $360 p/w secured income • Uni-Lodge managed complex with on-site facilities (pool, gym, secure access) • Walking distance to CBD, South Bank, and Kangaroo Point riverside precinct Ideal for investors seeking low-maintenance, high-demand rental stock Set within the sought-after Uni-Lodge complex, This is more than a rental return it's a position in one of Brisbane's most infrastructure-boosted precincts: Infrastructure-Backed Growth: • Kangaroo Point Green Bridge: the new pedestrian and cycle bridge connecting Kangaroo Point directly to the CBD and Botanic Gardens, cutting commute times and boosting walkability and lifestyle appeal. • Queen's Wharf Brisbane: the $3.6 billion integrated resort precinct progressively opening just across the river, bringing new dining, entertainment, hotels, and jobs to the doorstep of the CBD. • Excellent public transport access: multiple bus routes stop within a 2-minute walk on Shafston Avenue, with CityCat ferry terminals (Dockside, Mowbray Park, Holman Street) all within easy walking distance for a fast commute to the CBD, South Bank, and beyond. Whether you're building a portfolio or after a low-touch addition to an existing one, this is a genuine set-and-forget opportunity in one of Brisbane's most in-demand inner-city pockets. For inspections or further information please contact Blaze Stevens on 0421 405 933. DISCLAIMER: Images have been digitally enhanced and virtually staged for presentation purposes only and do not reflect actual furnishings or inclusions. DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.

Features

1 bedroom
1 bathroom
21 m² floor area
24 m² lot size
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Kangaroo Point over the last 12 months, the estimated median property value of 1002/188 Shafston Ave is $700k.

Median value
$700k
Estimated value range
$270k - $808k
Median days on market
12
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Kangaroo Point. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1002/188 Shafston Ave

2026
Sold
$270,000
Private Sale/Treaty on 22 Sep 2026 by Blaze Stevens, of Ray White City Living
2026
Rented
Undisclosed
Leased on 11 Jan 2026 by McGrath South Brisbane
2025
Rented
Undisclosed
Leased on 10 Feb 2025 by Place Estate Agents Kangaroo Point

Happy sellers in Kangaroo Point

93%
93% of sellers in Kangaroo Point reported that their sale price either exceeded or met their price expectations.

Kangaroo Point stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 34 reviews in Kangaroo Point over the last 12 months.

Local market activity for 1 bedroom units in Kangaroo Point

In the last 12 months, 11 one-bedroom units similar to 1002/188 Shafston Ave, have been sold.

This represents a 59% increase in one-bedroom units sales when compared to the previous 12 months.

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