SoldMay 20, 2026

706/188 Shafston Ave, Kangaroo Point, QLD, 4169

$290,000

1
24 m²

Studio

30+ days on the market

Sold: May 20, 2026

What's around 706/188 Shafston Ave

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.

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