904/188 Shafston Ave, Kangaroo Point is a 0 bedroom, 1 bathroom Unit 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 September 2022.
This well presented fully equipped studio apartment represents great value buying. Whether you're a savvy investor looking for a positively geared investment to add to the portfolio, home owner or someone who works away from home and just needs it for a few nights, it is a great gem in the heart of the inner city. Take advantage of this opportunity to secure an inner-city haven in a sought after location.
Located on the 9th floor of the 'Shafston University Mansions' building, upon entry you will find a combined living area and bedroom that adjoins a tidy bathroom. Encompassing a built-in robe and study nook, this central space is also accompanied by a tidy kitchenette displayed a tiled splashback and ample cupboard space.
This studio apartment is the perfect entry into the market for first home buyers, investors or downsizers who are searching for low maintenance living whilst being surrounded by great lifestyle options.
Property features:
- Built in robes
- Gym, lift and intercom access in secure complex
- Body corporate fees include electricity and Wi-Fi
- On site management
- Very low vacancy rates
- Excellent rental returns for investors
- Recreational lounge, fully equipped gym and cafeteria
Body corporate fees: $3,028 p.a.
Council rates: $1,721 p.a.
The Shafston University Mansions building boasts an array of amenities such as recreational lounge, onsite laundry, fully equipped indoor and outdoor gym, cafeteria as well as photocopying/printing facilities.
Conveniently located adjacent to the Shafston International College and enjoys a premium location in the heart of Kangaroo Point, close to Mowbray Park Ferry terminal.
Kangaroo Point is an upscale inner-city peninsula paradise, surrounded by water and parklands. Transport needs are serviced by ferries, City Cats, buses with quick access to the Clem Jones tunnel, South East Freeway and Story Bridge. Entertainment is supplied by the Jazz Club, Story Bridge Hotel and the Gabba'.
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. 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 7,087 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 65.18% increase in median value, while Units have seen a 96.52% increase. As at 31 March 2026:
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