706/188 Shafston Ave

Off Market

706/188 Shafston Ave

Kangaroo Point QLD 4169

24 m²

Studio

Last sold for $290,000

Sara Curley, last sold this property on 20 May 2026 after 33 days on market.

Overview

High-Yield Studio Investment in Prime Riverside Position

Positioned on level 7 within a well-maintained complex just metres from the Brisbane River, this smart and functional studio apartment presents an outstanding opportunity for investors seeking strong returns and consistent cash flow in one of Brisbane's most in-demand inner-city locations. Designed for low-maintenance living, the apartment maximises its 24 sqm footprint with a practical open-plan layout, complemented by large windows that invite in natural light and enhance the sense of space. The inclusion of an internal washing machine adds everyday convenience, while access to additional communal laundry facilities on level 3 provides further flexibility. This is an investment that truly works for you-offering a solid return, low body corporate fees, and onsite management for peace of mind. With high tenant demand in the area and proximity to key lifestyle and transport amenities, it's an ideal set-and-forget addition to any portfolio. Why you'll love the complex: Residents enjoy access to a range of lifestyle-focused facilities, including a stunning rooftop entertaining area complete with a swimming pool, multiple seating zones, BBQ facilities, and a fireplace-all set against sweeping views of the city skyline and Brisbane River. There's also an outdoor gym overlooking the river, as well as a fully equipped gym and lounge area on level 4. Set on a substantial 1,928sqm landholding, the complex also offers long-term upside potential, with its prime riverside position making it a compelling prospect for future redevelopment (STCA). Why you'll love the location: Located just minutes from the CBD, with easy access to public transport, riverside walkways, cafes, and local amenities, this address delivers unbeatable convenience. Whether it's for tenants seeking a vibrant city-fringe lifestyle or investors looking for a high-performing asset, this is a location that continues to deliver. An affordable entry into a blue-chip riverside pocket-secure your investment in Kangaroo Point today.

Features

1 bathroom

24 m² floor area

Studio

Estimated Value

We need at least 3 similar studios sold in Kangaroo Point over the last 12 months.

Property history for 706/188 Shafston Ave

2026

Sold

$290,000

Private Sale/Treaty on 20 May 2026 by Sara Curley, of Ideal Property Co

2018

Sold

Undisclosed

22 Nov 2018 by Peter Gaston, of LJ Hooker 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 45 reviews in Kangaroo Point over the last 12 months.

Local market activity for studios in Kangaroo Point

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

(68 reviews)

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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

at Place Estate Agents Kangaroo Point

(35 reviews)

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Daniel Cummings

at Place Purpose Group Stafford

(5 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Kangaroo Point

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