504/188 Shafston Avenue, Kangaroo Point, QLD 4169 | House for sale | OnTheHouse
 
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504/188 Shafston Avenue
Kangaroo Point QLD 4169

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 21m2
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Fully Renovated Studio in Prime Kangaroo Point Location!

Beautifully renovated and perfectly positioned close to the the Brisbane River, with City ferries. This furnished studio apartment offers the ultimate "set and forget" investment opportunity.
With every detail upgraded, the apartment presents as new - appealing to both tenants and investors seeking a high-yield, low-maintenance property. Featuring reverse cycle aircon and offering a strong rental return of $450-$460 per week and a 9% yield, this is an opportunity not to be missed.
Situated in a secure, well-maintained complex on a 1,928m² river-side block, residents enjoy premium facilities including a well equipped gym, lounge, and outdoor entertaining area overlooking the water. Public transport is right on the doorstep, with the CityCat, bus stops, Kangaroo Point Cliffs, and CBD all within minutes.
Whether held in a Self-Managed Super Fund or added to your growing portfolio, this property promises consistent performance and strong future demand in one of Brisbane's most tightly held suburbs.
Features include:
- Fully furnished studio apartment
- Recently renovated
- EXCELLENT 9% ROI | $450-$460/week
- Onsite management and secure tenancies
- Gym, lounge & outdoor river-view terrace
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Property Details for 504/188 Shafston Ave, Kangaroo Point

504/188 Shafston Ave, Kangaroo Point is a 1 bedroom, 1 bathroom House. The property has a land size of 21m2. The place is currently for sale with Ray White West End.

Building Type
House
Land Size
21m2
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About Kangaroo Point 4169

The size of Kangaroo Point is approximately 1.8 square kilometres. It has 6 parks covering nearly 12.0% of total area. The population of Kangaroo Point in 2016 was 8063 people. By 2021 the population was 9689 showing a population growth of 20.2% in the area during that time. The predominant age group in Kangaroo Point is 20-29 years. Households in Kangaroo Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kangaroo Point work in a professional occupation.In 2021, 36.00% of the homes in Kangaroo Point were owner-occupied compared with 36.90% in 2016.

Kangaroo Point has 7,062 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 56.48% increase in median value, while Units have seen a 87.53% increase. As at 31 October 2025:

  • The median value for Houses in Kangaroo Point is $1,685,611 while the median value for Units is $988,330.
  • Houses have a median rent of $700 while Units have a median rent of $750.
There are currently 34 properties listed for sale, and 35 properties listed for rent in Kangaroo point on OnTheHouse. According to Cotality's data, 324 properties were sold in the past 12 months in Kangaroo point.

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Ethan Petrie
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Ray White West End
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