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721/188 Shafston Avenue

Kangaroo Point QLD 4169

1
1
0 m²
24 m²
House
Currently for sale - view listing

Overview

Incredible Buying Opportunity With River Views!

Situated on one of the highest levels of the 'Shafston University Mansions' building, this studio apartment offers uninterrupted Brisbane River views and an ideal opportunity for first-time homebuyers or investors seeking a low-maintenance lifestyle in a vibrant inner-city location. With the heritage-listed building directly in front ensuring these views remain protected, you can secure your own urban retreat with a view that won't be built out. This sunlit apartment features a sleek, compact layout with an open floor plan. The fully functional kitchen boasts ample storage, while the generously sized bedroom includes built-in robes and a ceiling fan. The bathroom is easily accessible, equipped with a shower, toilet, and cleverly hidden storage. The Shafston Mansion building provides an array of top-notch amenities, such as a recreational lounge, on-site laundry facilities, fully equipped indoor and outdoor gyms, a cafeteria, and photocopying and printing services. The on-site management team ensures all your needs are met, and secure swipe card access guarantees high-level security. Property Features: – Fully functional kitchen with ample storage – Built-in robes – Bathroom with shower and toilet – River glimpses – Very low vacancy rates – Ideal for first-time buyers or investors in a prime location – Excellent rental returns – Brand new airconditioner. Complex Features: – Professional on-site management – Fully equipped gym – Recreational lounge – Cafeteria – On-site laundry facilities – Low maintenance, economical body corporate fees covering electricity & internet – Secure lift access Financials: Body corporate contributions: $3,974 p.a. Council rates: $1,800 p.a. (approx.) This is a fantastic opportunity for those looking to enter the property market or secure a positively geared investment with minimal outlay! The location is unbeatable, with the Cross River Rail under construction and the Green Bridge from Kangaroo Point to the city just moments away. This area is rapidly evolving. Kangaroo Point is a prestigious inner-city peninsula surrounded by water and parklands. Transport options include ferries, City Cats, buses, and easy access to the Clem Jones tunnel, South East Freeway, and Story Bridge. Entertainment options include the Jazz Club, Story Bridge Hotel, and the Gabba. The area features numerous high-quality restaurants and cafes, all within walking distance. Residents of Kangaroo Point enjoy the benefits of an inner-city lifestyle in a tranquil setting, free from the hustle and bustle. There is strong demand for both rentals and sales in this exclusive, premier location.

Features

1 bedroom
1 bathroom
0 m² floor area
24 m² lot size
House

Property history for 721/188 Shafston Avenue

2025
Sold
$312,000
30 Sep 2025 by Harry Gale, of Gale & Co.
2023
Sold
$210,000
19 Dec 2023 by Louise Spencer, of Ras360 Property Solutions

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 47 reviews in Kangaroo Point over the last 12 months.

Local market activity for 1 bedroom houses in Kangaroo Point

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