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1114/188 Shafston Avenue
Kangaroo Point, QLD 4169

ALL OFFERS BY 29th JUNE - 5pm

Unit 1 bed 1 bath 1 car 21 m²
Listed Date: 16th Jun 2026
Overview

Inner-City Convenience with Strong Rental Returns & Flexible Living

Positioned in the heart of Kangaroo Point, this low-maintenance studio apartment offers an exceptional opportunity for investors and owner-occupiers alike. Currently generating a strong rental return of $475 per week, the property provides immediate income for investors while also offering the flexibility to move in and enjoy the vibrant lifestyle this location affords.

The studio is designed for easy living with a functional open-plan layout that includes air conditioning, built-in storage, a study nook, and a private balcony featuring urban views. This versatile property is ideal as a set-and-forget investment, a Brisbane base, a first home, or a city-fringe residence, ticking all the boxes for convenience and comfort.

Key features of the property include:

  • Strong rental return of $475 per week
  • Opportunity to continue leasing or move in
  • Air-conditioned studio layout
  • Built-in wardrobe and dedicated study desk
  • Private balcony with elevated outlook
  • Low-maintenance investment or owner-occupier opportunity
  • Secure complex in a highly sought-after location

Located at 188 Shafston Avenue, this address is one of Brisbane's most connected inner-city locations. Residents enjoy proximity to the Brisbane CBD, approximately 1km away, and are moments from the Kangaroo Point Riverwalk and the iconic Story Bridge. The property offers easy access to CityCat ferry services, bus routes, and major transport links.

Within walking distance, there are numerous cafes, restaurants, and local convenience stores, enhancing the lifestyle appeal. The location is also close to educational institutions such as QUT Gardens Point, as well as cultural and recreational precincts including South Bank and Howard Smith Wharves. Healthcare facilities like the Mater, PA, and St Vincent's Hospitals are a short commute away.

Kangaroo Point is recognized as one of Brisbane's strongest performing inner-city suburbs, making this property a sound investment with excellent potential for capital growth and rental demand.

This opportunity combines strong rental income, exceptional convenience, and the flexibility to occupy the property yourself, making it a compelling choice in the Kangaroo Point precinct.

Disclaimer: This property is being sold by auction or without a fixed price, and therefore a price guide cannot be provided. The displayed price bracket is for website functionality purposes only.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
1114/188 Shafston Avenue
Kangaroo Point QLD 4169
Market Insights for Kangaroo Point QLD 4169
New Listings (last 30 days)
7
Average price
$2,726,186
Lowest price
$650,000
Highest price
$10,000,000
Other properties in this postcode

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.