4/234 Shafston Ave, Kangaroo Point is a 3 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a land size of 210m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 3 bedroom Apartment sold in Kangaroo Point in the last 12 months.
A rare opportunity now exists to secure one of the largest properties in this price range with 210sqm of total area (on title), including a huge 110sqm private outdoor terrace with rainforest like gardens. This is real space, real lifestyle, and real value in a market where large apartments are becoming impossible to find.
Positioned just one block from the river on the high-demand side of Kangaroo Point, this home delivers a lifestyle that simply doesn't exist in most apartment buildings. Entertaining, pets, kids, dinners with friends - this outdoor area is bigger than most backyards. Whether you want to host 20 guests, build an outdoor kitchen or just enjoy total privacy, this terrace with a tropical outlook changes how you live.
Inside, the apartment is equally impressive - bright, functional, and designed for liveability, not just photos. Unlike small new builds, every room has space. The layout includes open-plan living, an freshly painted kitchen with new stainless steel appliances, a master suite with walk-in robe and ensuite, and two more bedrooms with built-ins.
Features You Won't Find Elsewhere
• 210sqm on title (house-like scale - rarely offered)
• 110sqm private terrace - locked-in lifestyle advantage
• Light-filled open-plan living + indoor/outdoor flow
• Refreshed kitchen with stainless steel appliances
• Master suite with walk-in robe, ensuite + balcony
• Bedrooms 2 & 3 with built-ins + balcony access
• Air-conditioning + fans throughout
• Secure building with lift access, pool & BBQ area
• Pet-friendly and ideal for entertainers
• Secure car space with storage options
• Faces the quiet Wellington Road
Airbnb & Investment Potential
This property has short-stay potential of up to $120,000 per year, based on similar performance in the building. With Brisbane property values rising ahead of the 2032 Olympics precinct, this is a rare opportunity to secure growth + income at the same time. Whether you're an investor, professional couple, downsizer or family - this one stacks up commercially and lifestyle-wise.
Location - Elite Inner-River Lifestyle
• 3 min walk to ferry terminal
• 3 min walk to Mowbray Park
• 5 min walk to Raymond Park
• 15 min walk to Kangaroo Point bridge
• 20 min walk to CBD
• 6 min to Howard Smith Wharves
• 1km to The Gabba (Olympic district)
• Cafés, IGA, transport all within 250m
• Best of Brisbane lifestyle with fast access to city + river
Why This One
Most apartments are either too small, too noisy, no outdoor space, or totally cramped. This is different - real space and liveability in a rising blue-chip location. Buy now and secure one of Brisbane's best-value inner city properties before the next price movement.
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 7,072 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 48.27% increase in median value, while Units have seen a 90.90% increase. As at 28 February 2026:
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