Back 805/188 Shafston Avenue
Off Market

805/188 Shafston Avenue

Kangaroo Point QLD 4169

1
1
21 m²
Unit
Last sold for $270,000
Caiti BakerCaiti Baker, last sold this property on 12 October 2025 after 11 days on market.

Overview

Brilliant, Fully-Furnished Cashflow Investment!

Build your investment portfolio with this city-fringe gem. Just a short walk and ferry ride to Brisbane city and with public transport at the doorstep, this property is in incredible high demand for tenants. This complex sits on a 1928m2 block just metres from Brisbane River, making it a high interest building for potential future re-development. Whether you are looking to purchase in a Self-Managed Super Fund, cross-securitise with your home's equity or buy this property cash, you'll be thrilled with the return over the coming years as rent continues to climb. The perfect "set-and-forget" investment. Built 2001 Rental Return: $450-$460/week Council Rates: Approximately $1,800 per year Body Corporate: Approximately $5,970 per year (INCLUDING ELECTRICITY & INTERNET) NOTABLE FEATURES 9% Rental Yield Furnished Apartment Secure Tenancies Onsite Management Low Body Corporate Fees Minutes to City via Public Transport links Gym & Lounge Area on Level 4 Beautiful Outdoor Area overlooking Brisbane River (Level 4) Laundry Facilities on Level 3 LOCATION 200m to Shafston Avenue Bust Stop 600m to Kangaroo Point Cliffs 600m to Mowbray Park & Ferry Terminal 1.2km to The Gabba 2km to Mater Private Hospital 2.5km to Southbank Parklands 3km to QUT Gardens Point 3.5km to Princess Alexandra Hospital 3.5km to Brisbane CBD 4.5km to UQ St Lucia 5km to Greenslopes Hospital 16km to Brisbane Airport Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

Features

1 bedroom
1 bathroom
21 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 805/188 Shafston Avenue is $671k.

Median value
$671k
Estimated value range
$270k - $785k
Median days on market
9
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 805/188 Shafston Avenue

2025
Sold
$270,000
12 Oct 2025 by Caiti Baker, of Coronis Inner South

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 805/188 Shafston Avenue, have been sold.

This represents a 26% decrease in one-bedroom units sales when compared to the previous 12 months.

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