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701/188 Shafston Avenue

Kangaroo Point QLD 4169

1
1
22 m²
222.97 m²
Studio
Currently for sale - view listing

Overview

Prime LOCATION High yield Low-maintenance City Pad investment at award winning modern complex in a tightly held inner city suburb

When calling, please use enquiry code 1215785 Want high yield low-maintenance investment property in a high-demand 2032 Olympics precinct? Or live a riverside lifestyle with free car park in a tightly held inner-city blue-chip suburb neighbouring a global prestigious brand, Capella Residences Brisbane? Available vacant is a recently painted and refurbished self-contained studio at 2002 award-winning Shafston Mansion, offering an efficient open-plan layout for a comfortable and easy living. The all-new kitchenette is furnished with a bar fridge, electric cooktop, a tall pantry and other modern cooking appliances. All bills and unlimited 5G WiFi included in the body corp (see below). So, unlimited WiFi, water and electricity usage at no extra cost. The studio comes with all furniture, including long study desks, chairs, TV, a foldable double sofa bed, a portable air-con, a smart tower and ceiling fan, and two wardrobes offering all you need to move in. The complex features a secure free car park, in-building laundry, onsite management and beautifully furnished spacious lobby suitable for WORK. EXERCISE in a fully equipped gym, ENTERTAIN at a TV lounge or RELAX at a large outdoor deck for a BBQ with friends. As a prime location inner City Pad in a tightly held upcoming Olympics precinct, this studio was returning $465 per week which presents an exceptional yield for investors. LOCATION LOCATION LOCATION Nestled adjacent to a peaceful heritage site Shafston House on the river, you can walk only 11 min to either Dockside or Mowbray Park terminals and popular Sydney Street and New Farm Park ferry terminals are just one stop across the river. Moments from major hospitals, South Bank TAFE, QUT and Griffith Universities, Gabba Stadium, scenic river walks, and the iconic Story Bridge and Kangaroo Point Cliffs, the property places you within walking distance to education, entertainment, shopping and healthcare precincts. You are just 20 min walk to City Botanical Garden and the newly developed Star Brisbane Precinct. As CBD, South Bank, Fortitude Valley and New Farm are all within walking distance, you can enjoy all Brisbane has to offer while living without the hustle and bustle AND the noise and the pollution of these suburbs. The Brisbane City Council just approved early July a development plan to transform your neighbouring 1ha riverfront Shafston heritage site into a globally prestigious Capella Residences, Brisbane's first branded residence. So, come 2029, you will be in the most prestigious neighbourhood in Brisbane. Property Highlights: Council rates $548.8 per quarter Body Corp. $1340.57 per quarter (includes water, electricity) Private bathroom with modern finishes All-new kitchenette with pantry cupboard, electric cooktop and bar fridge Fully-equipped gym, TV lounge and a large deck for recreation Beautifully furnished spacious lobby with WiFi for work and meetings Free secure underground car park and dedicated parking for all bikes Secure building with lift AND step-free access Walk to major hospitals, scenic river walks, and the iconic Story Bridge and Kangaroo Point Cliffs, and CBD Inspect by appointment and secure your piece of Brisbane before the market moves on. When calling, please use enquiry code 1215785

Features

1 bedroom
1 bathroom
22 m² floor area
222.97 m² lot size
Studio

Property history for 701/188 Shafston Avenue

2023
Sold
$135,000
08 Feb 2023 by Ethan Petrie, of Ray White West End

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 49 reviews in Kangaroo Point over the last 12 months.

Local market activity for 1 bedroom studios in Kangaroo Point

In the last 12 months, 2 one-bedroom studios similar to 701/188 Shafston Avenue, have been sold.

This represents a 78% increase in one-bedroom studios sales when compared to the previous 12 months.

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