ID:21167416/188 Shafston Avenue

Off Market

ID:21167416/188 Shafston Avenue

Kangaroo Point QLD 4169

27 m²

Unit

Last sold for $315,000

Daisy Lu, last sold this property on 12 February 2026 after 35 days on market.

Overview

Nest or Invest!

The studio apartment has been fully renovated and now features fresh paint, new carpet, and brand-new white kitchen cabinetry and benchtops. The marketing photos were taken prior to the renovation. A walk-through video showcasing the updated finishes is available upon request. Positioned on the 6th floor of the iconic Shafston University Mansions, this well-presented studio apartment presents an outstanding opportunity for first-home buyers or savvy investors seeking a low-maintenance property in a tightly held inner-city location. Secure your own urban haven in one of Kangaroo Point’s most sought-after addresses. Bathed in natural light, the apartment offers a smart, efficient open-plan design. The practical kitchen provides generous storage, while the spacious sleeping area features 2 sets shelves on the wall and a ceiling fan. The bathroom is thoughtfully designed with a shower, toilet and discreet storage solutions. Residents enjoy access to an impressive range of facilities within the Shafston Mansions complex, including a recreational lounge, on-site laundry, fully equipped indoor and outdoor gyms, cafeteria, and photocopying/printing services. Professional on-site management and secure swipe-card access ensure both convenience and peace of mind. With an estimated rental return from $400 per week, this property represents a solid and reliable investment option. Property Features: *27sqm CORNER NORTH FACING studio *Functional kitchen with ample storage *2 sets shelves on the wall *Bathroom with shower and toilet *River glimpses *Consistently low vacancy rates *Ideal for first-home buyers or investors *Strong rental returns Complex Features: *Professional on-site management *Fully equipped gym facilities *Recreational lounge *Cafeteria *On-site laundry *Low-maintenance body corporate fees including electricity and internet *Secure lift and building access This is an excellent opportunity to enter the property market or secure a potentially positively geared investment with minimal holding costs. The location is second to none, with the Cross River Rail project underway and the new Green Bridge connecting Kangaroo Point directly to the CBD just moments away. This precinct is undergoing significant transformation and growth. Kangaroo Point is a prestigious inner-city peninsula framed by riverfronts and parklands. Residents benefit from excellent transport options including ferries, CityCats and buses, as well as quick access to the Clem Jones Tunnel, South East Freeway and Story Bridge. Lifestyle attractions such as the Jazz Club, Story Bridge Hotel and The Gabba are all close by. With an abundance of quality cafés and restaurants within walking distance, Kangaroo Point delivers the perfect balance of inner-city convenience and peaceful living. Demand for both rental and owner-occupied properties remains strong in this exclusive, blue-chip location. Disclaimer: Whilst every care is taken in preparing this information, the agency will not be held liable for any inaccuracies. Interested parties should rely on their own enquiries to confirm all details.(Listing ID: 21167416 )

Features

1 bedroom

1 bathroom

1 carspace

1 garage space

27 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 ID:21167416/188 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 ID:21167416/188 Shafston Avenue

2026

Sold

$315,000

12 Feb 2026 by Daisy Lu, of THEONSITEMANAGER

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 ID:21167416/188 Shafston Avenue, have been sold.

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

Sold

For Sale

For Rent

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