1108/188 Shafston Avenue, Kangaroo Point, Qld 4169

$395,000

Studio
Type
1
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Thursday, August 13, 2026 ( See property details for 1108/188 Shafston Avenue, Kangaroo Point, Qld 4169)

$395,000

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A recently renovated furnished studio apartment on the 11th floor offering stunning city views, prime location, and strong investment potential in Kangaroo Point.

🏡 Property Highlights

  • Recently renovated and furnished apartment with stunning city and suburb views from the 11th floor balcony
  • Prime inner-city location with easy access to Brisbane CBD, public transport, shops, and cafes
  • Potential for high rental returns with a current yield of 7% and future rent increases
  • Situated on a large 1928m2 block by the Brisbane River, offering future development potential
  • Ideal for short-term stays, long-term rentals, or AirBnB investment opportunities
  • Close proximity to major amenities including Kangaroo Point Cliffs, ferry terminal, hospitals, and universities

✨ Key Features

  • Balcony
  • Open-Plan Living
  • Waterfront / Views
  • Built in robes
  • Fully fenced
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Pet-Friendly
  • Water tank

Kangaroo Point is a vibrant inner-city suburb renowned for its stunning river views, outdoor recreational spaces like Kangaroo Point Cliffs, and excellent connectivity to Brisbane CBD. The area boasts a lively café scene, easy access to public transport, and proximity to major hospitals and universities, making it ideal for both residents and investors seeking a dynamic lifestyle with high growth potential.

What are the views like from the apartment's balcony?
The apartment offers beautiful views of the city and suburbs from the 11th floor balcony, providing a stunning outlook and a relaxing outdoor space.
Is the apartment suitable for short-term rentals like AirBnB?
Yes, the apartment's furnished setup and prime location make it an excellent choice for AirBnB or short-term rental opportunities.
What amenities are nearby?
The property is close to Kangaroo Point Cliffs, ferry terminals, parks, hospitals, universities, and a variety of shops and cafes, offering a convenient lifestyle.
What is the current rental income and potential for future rent increases?
The most recent lease was $495 per week, with a planned increase to $525 per week, reflecting strong rental demand and a 7% yield.
Are there any restrictions on financing due to the apartment size?
Yes, there are lending restrictions for units under 40m2; please contact Caiti to confirm if this property suits your financing needs.
Are there any upcoming strata or body corporate fee increases or special levies planned? Is there any history of flooding or bushfire risk in the area? Are there any zoning restrictions or easements affecting potential future development on the large block? Are there any planned construction or development projects nearby that could impact the view or noise levels? What are the long-term plans for the building and surrounding area, including potential upgrades or renovations?

1108/188 Shafston Avenue, Kangaroo Point, Qld 4169 - More Details

$395,000

Enjoy beautiful views of the city and suburbs from the 11th floor balcony of this recently Renovated and Furnished apartment!

Just a short walk and ferry ride to Brisbane city and with public transport meters away, this property is in incredible high demand for tenants and occupiers.
Perfectly located near city links, shops & cafes - the best of Brisbane is at your doorstep.

This building sits on a 1928m2 block, right by Brisbane River, making it a high interest building for potential future development.

Whether you are looking to for a comfortable, inner-city over-nighter, a solid long term rental property or a gorgeous AirBnB investment - you won't want to miss this one!
You'll be thrilled with the return over the coming years as rent continues to climb.

**PLEASE NOTE: There are lending restrictions with units <40m2 so please contact Caiti to determine if this property is suitable for you!

THE NUMBERS
Built 2001
Council Rates - approx. $610/quarter
Water Rates - approx. $285/quarter
Body Corporate Levies - approx. $1,480/quarter
Most Recent Lease - $495/week
Next Rent Increase - $525/week
Rental Yield - 7%


LOCATION
200m to Shafston Avenue Bus Stop
600m to Kangaroo Point Cliffs
600m to Mowbray Park & Ferry Terminal
1.2km to The Gabba
2km to Mater Private Hospital
2.5km to Southbank Parklands
3km to QUT Gardens Point
3.5km to Princess Alexandra Hospital
3.5km to Brisbane CBD
4.5km to UQ St Lucia
5km to Greenslopes Hopsital
16km to Brisbane Airport

Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.
Type
Studio
Bedrooms
1
Bathrooms
1
Parkings
1
House Size
31 m²

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