514/188 Shafston Avenue

Off Market

514/188 Shafston Avenue

Kangaroo Point QLD 4169

0 m²

Unit

Last sold for $155,000

Matt Moran, last sold this property on 27 September 2022 after 15 days on market.

Overview

SOLD LOUD BY H & H

A Positively Geared Rental with Room for Spontaneity! Students or young couples starting out on the property ladder or those looking for a great Brisbane City Pad will love renting this property! It's a perfect crash (and it's already rented until early next year). A durable kitchenette and bathroom complete the picture in this apartment on level 5, so nothing for the landlord to do except add another property to the portfolio. It's only a 2km hop, skip and jump to the CBD or QUT – cycle, scooter or walk. There's a gym onsite so you don't have to pay any extra fees to workout, and the rooftop terrace supplies an additional area to entertain friends. And you'll love being able to stroll across to the Story Bridge Hotel for a pub lunch on Sundays. YOU'LL LOVE . . . + The strong rent returns - $300 per week, that's a gross yield of 10% plus. After costs it's 6.7% nett + Imagine what it'll go for during the Olympics + Furnishings are included and your new property is tenanted until Jan '23 + Mowbray Park – a scenic as well as handy spot with the ferry terminal right here + Ferry connection will have you in the heart of the City in no time + The easy walk to The Gabba, PA and Mater Hospitals INSIDER'S SECRET . . . + Owning a positively geared property means your accountant will love you! SNAPSHOT . . . + RENTED AT $300 PER WEEK + BODY CORP $757 PER QUARTER + RATES $430 PER QUARTER + WATER $210 PER QUARTER

Features

1 bedroom

1 bathroom

0 m² floor area

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 514/188 Shafston Avenue is $671k.

Median value

$671k

Estimated value range

$270k - $785k

Median days on market

Estimated value trend

30%

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 514/188 Shafston Avenue

2026

Rented

Undisclosed

Leased on 16 Jan 2026 by Metrocity Realty

2022

Sold

$155,000

27 Sep 2022 by Matt Moran

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 1 bedroom units in Kangaroo Point

In the last 12 months, 18 one-bedroom units similar to 514/188 Shafston Avenue, have been sold.

This represents a 38% decrease in one-bedroom units sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Kangaroo Point for a free market appraisal.

Lindsay Brown

at Kangaroo Point Residential

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Soren Andersen

at Kangaroo Point Real Estate | Inner Brisbane Property Group

4.9

(191 reviews)

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Richard Willert

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Daniel Cummings

at Place Purpose Group Stafford

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Nearby agents

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Lindsay Brown

Sellers who recommend Lindsay Brown have praised them for being local expert, clear communication, responsive, stress-free process, honest, well-prepared and reliable