SoldOct 13, 2025

805/188 Shafston Avenue, Kangaroo Point, QLD, 4169

$270,000

1
1
21 m²

Unit

12 days on the market

Sold: Oct 13, 2025

What's around 805/188 Shafston Avenue

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.

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