405/188 Shafston AvenueKangaroo Point QLD 4169
Property Details for 405/188 Shafston Ave, Kangaroo Point
405/188 Shafston Ave, Kangaroo Point is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 1 bedroom Apartment sold in Kangaroo Point in the last 12 months.
Last Listing description (November 2025)
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
- 200m to bus stop | 600m to ferry & Kangaroo Point Cliffs | minutes to CBD
Financials
- Rates: $500 per quarter
- Water: $200 per quarter + usage
- Body Corporate Levy: $1,500 per quarter (approx. including electricty)
- Rental Appraisal: $425 - $475 per week
Property History for 405/188 Shafston Ave, Kangaroo Point, QLD 4169
- 24 Nov 2025Sold for $282,000
- 15 Oct 2025Listed for Sale Offers From $280,000
- 30 Jan 2021Listed for Rent $270 / week
Recent sales nearby
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0About 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 7,063 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 60.35% increase in median value, while Units have seen a 88.79% increase. As at 30 November 2025:
- The median value for Houses in Kangaroo Point is $1,700,159 while the median value for Units is $1,013,365.
- Houses have a median rent of $700 while Units have a median rent of $740.
Suburb Insights for Kangaroo Point 4169
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