605/188 Shafston Ave, Kangaroo Point is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 21m2 and floor size of 21m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 1 bedroom Unit sold in Kangaroo Point in the last 12 months.
Beautifully renovated, fully furnished, and perfectly positioned near the Brisbane River, this stylish studio apartment in the highly sought-after Shafston University Mansions offers the ultimate investment. Recently upgraded throughout, the apartment presents as new appealing to both tenants and owner-occupiers seeking a low-maintenance, high-performing property in one of Brisbane's most tightly held suburbs.Cleverly designed to maximise functionality, this studio features a modern open-plan layout across 21sqm, with sleek finishes, abundant natural light, and a welcoming contemporary ambiance. The fully equipped kitchen offers excellent storage, while the bedroom zone includes built-in robes, a ceiling fan, and air conditioning. The renovated bathroom features quality tiling, a shower, and toilet, completing a low-maintenance, move-in-ready home.Situated on a secure on riverside block, residents enjoy an impressive suite of amenities including a fully equipped indoor and outdoor gym, recreational lounge, outdoor entertaining areas overlooking the water, on-site laundry, cafeteria, and convenient printing and photocopying services. Professional on-site management and secure swipe access offer peace of mind and ensure the complex is exceptionally well maintained.Long term Furnished Rental Return of $450 Per WeekProperty Features: Beautifully renovated and fully furnished One-bedroom studio layout with modern finishes Built-in robes Reverse cycle air conditioning & ceiling fan Stylish renovated bathroom Functional kitchen with ample storage Light-filled, low-maintenance 21sqm design Very low vacancy rates Excellent rental return and strong yield Ideal for investors, or portfolio growthComplex Features: Fully equipped indoor & outdoor gym Recreational lounge On-site laundry facilities Outdoor riverside entertaining spaces Secure building with lift accessThis is a high-performing, low-maintenance property in a prime riverside location, perfect for investors or anyone seeking a stylish inner-city baseKangaroo Point Living:Kangaroo Point is one of Brisbane's most desirable inner-city suburbs, offering a rare blend of tranquillity and connectivity. Residents enjoy riverside boardwalks, parklands, and the famous Kangaroo Point Cliffsperfect for cycling, climbing, or a sunset stroll. The area is dotted with vibrant cafs, restaurants, and boutique delis, while ferry terminals and walking paths provide effortless access to the CBD, Howard Smith Wharves, and South Bank.With Brisbane set to host the 2032 Olympic Games, Kangaroo Point is positioned at the heart of the city's future growth. Significant infrastructure investment is already underway, enhancing connectivity and lifestyle amenities. For homeowners and investors alike, this riverside suburb promises not only an exceptional lifestyle but also strong long-term value as Brisbane steps onto the world stage.The area boasts many high-quality restaurants and cafes, all within walking distance. Those who reside in Kangaroo Point enjoy the benefits of an inner-city lifestyle in a peaceful setting without the hustle and bustle. Strong demand exists for both rentals and sales in this exclusive premier location.
The size of Kangaroo Point is approximately 1.8 square kilometres. There are 6 parks, covering nearly 12.0% of the 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 7,158 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 52.25% increase in median value, while Units have seen a 91.88% increase. As at 30 June 2026:
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