Back 4/234 Shafston Avenue
Off Market

4/234 Shafston Avenue

Kangaroo Point QLD 4169

3
2
1
210 m²
Apartment
Last sold for $1,025,000
Robyn HoareRobyn Hoare, last sold this property on 18 February 2026 after 132 days on market.

Overview

210sqm unit with Massive Private Terrace and Tropical Outlook

A rare opportunity now exists to secure one of the largest properties in this price range with 210sqm of total area (on title), including a huge 110sqm private outdoor terrace with rainforest like gardens. This is real space, real lifestyle, and real value in a market where large apartments are becoming impossible to find. Positioned just one block from the river on the high-demand side of Kangaroo Point, this home delivers a lifestyle that simply doesn't exist in most apartment buildings. Entertaining, pets, kids, dinners with friends - this outdoor area is bigger than most backyards. Whether you want to host 20 guests, build an outdoor kitchen or just enjoy total privacy, this terrace with a tropical outlook changes how you live. Inside, the apartment is equally impressive - bright, functional, and designed for liveability, not just photos. Unlike small new builds, every room has space. The layout includes open-plan living, an freshly painted kitchen with new stainless steel appliances, a master suite with walk-in robe and ensuite, and two more bedrooms with built-ins. Bedroom 3 can also function perfectly as a home office, studio or formal dining room - making it ideal for professionals, small families, or downsizers who still want room to move. Features You Won't Find Elsewhere • 210sqm on title (house-like scale - rarely offered) • 110sqm private terrace - locked-in lifestyle advantage • Light-filled open-plan living + indoor/outdoor flow • Refreshed kitchen with stainless steel appliances • Master suite with walk-in robe, ensuite + balcony • Bedrooms 2 & 3 with built-ins + balcony access • Air-conditioning + fans throughout • Secure building with lift access, pool & BBQ area • Pet-friendly and ideal for entertainers • Secure car space with storage options • Faces the quiet Wellington Road Airbnb & Investment Potential This property has short-stay potential of up to $120,000 per year, based on similar performance in the building. With Brisbane property values rising ahead of the 2032 Olympics precinct, this is a rare opportunity to secure growth + income at the same time. Whether you're an investor, professional couple, downsizer or family - this one stacks up commercially and lifestyle-wise. Location - Elite Inner-River Lifestyle • 3 min walk to ferry terminal • 3 min walk to Mowbray Park • 5 min walk to Raymond Park • 15 min walk to Kangaroo Point bridge • 20 min walk to CBD • 6 min to Howard Smith Wharves • 1km to The Gabba (Olympic district) • Cafés, IGA, transport all within 250m • Best of Brisbane lifestyle with fast access to city + river Why This One Most apartments are either too small, too noisy, no outdoor space, or totally cramped. This is different - real space and liveability in a rising blue-chip location. Buy now and secure one of Brisbane's best-value inner city properties before the next price movement.

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
210 m² lot size
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Kangaroo Point over the last 12 months, the estimated median property value of 4/234 Shafston Avenue is $1.71m.

Median value
$1.71m
Estimated value range
$730k - $8.5m
Median days on market
41
Estimated value trend
-10%
decrease 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 4/234 Shafston Avenue

2026
Sold
$1,025,000
Private Sale/Treaty on 18 Feb 2026 by Robyn Hoare, of Ray White Bulimba
2021
Sold
$425,000
Private Sale/Treaty on 06 Apr 2021 by Courtney Caulfield, of Place Estate Agents Kangaroo Point

Happy sellers in Kangaroo Point

94%
94% 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 46 reviews in Kangaroo Point over the last 12 months.

Local market activity for 3 bedroom apartments in Kangaroo Point

In the last 12 months, 33 three-bedroom apartments similar to 4/234 Shafston Avenue, have been sold.

This represents a 20% increase in three-bedroom apartments sales when compared to the previous 12 months.

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