402/188 Shafston Ave, Kangaroo Point is a 0 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 33m2 and floor size of 21m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
This air conditioned and fully furnished studio apartment offers an affordable inner city lifestyle alternative to paying rent and an opportunity for the astute investor to enter the lucrative Kangaroo Point unit market at an entry level price.
The quality design ensures that the best use has been achieved for the 21m2 living area of the apartment that features a sliding glass doorway that extends the living space to the large terrace that offers an exceptional outdoor dining experience.
The complex offers a range of facilities including:
> The apartment is fully furnished and fully self-contained
> Available to move in at settlement or rent out on a fixed term lease
> Body Corporate Fees include electricity and internet connection
> Onsite Manager and Swipe Card access for added security
> Located less that 2km from the CBD with lift access to all levels
> Communal laundry, lower level lounge area and a fully equipped Gym
The apartment is close to local shops, casual dining and transport options including the BCC bus service and the high speed CityCat ferry service to the city and beyond, making this an ideal opportunity for the owner occupier and astute investor looking for return on investment.
Affordable inner suburban apartments are rarely available, so call now to arrange for an inspection before it is too late.
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 7,071 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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