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718/188 Shafston Avenue, Kangaroo Point, Qld 4169 For Sale
718/188 Shafston Avenue, Kangaroo Point, Qld 4169 718/188 Shafston Avenue, Kangaroo Point, Qld 4169-Image 718/188 Shafston Avenue, Kangaroo Point, Qld 4169-Image 718/188 Shafston Avenue, Kangaroo Point, Qld 4169-Image 718/188 Shafston Avenue, Kangaroo Point, Qld 4169-Image 718/188 Shafston Avenue, Kangaroo Point, Qld 4169-Image 718/188 Shafston Avenue, Kangaroo Point, Qld 4169-Image 718/188 Shafston Avenue, Kangaroo Point, Qld 4169-Image 718/188 Shafston Avenue, Kangaroo Point, Qld 4169-Image 718/188 Shafston Avenue, Kangaroo Point, Qld 4169-Image 718/188 Shafston Avenue, Kangaroo Point, Qld 4169-Floorplan

718/188 Shafston Avenue, Kangaroo Point, Qld 4169

Low $400k

Unit
Type
1
Bedrooms
1
Bathrooms
25 m²
Area

Published on Tuesday, August 11, 2026 ( See property details for 718/188 Shafston Avenue, Kangaroo Point, Qld 4169)

Low $400k

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A recently renovated, low-maintenance one-bedroom studio with river views, strong rental income, and excellent location in Kangaroo Point.

🏡 Property Highlights

  • Recently renovated with new floors and kitchen
  • Strong gross yield of 7.06% and net yield of 5.47%
  • Low vacancy rate due to collaboration with Shafston College
  • East-facing with protected river views from balcony
  • All-inclusive body corporate levy covering wifi, electricity, water
  • Prime location near CityCat terminal, bus stops, and Brisbane CBD

✨ Key Features

  • Balcony
  • Built-in Robes
  • Open-Plan Living
  • Security Screens / Gates
  • Gym
  • Laundry Facilities
  • Secure Parking
  • Waterfront / Views
  • Low-Maintenance Yard
  • Pet-Friendly

Kangaroo Point offers a vibrant lifestyle with easy access to Brisbane CBD, scenic river walks, and popular recreational spots like the Kangaroo Point Cliffs. The area boasts excellent public transport links, including CityCat ferries and bus stops, making commuting effortless. Its proximity to South Bank and the Brisbane CBD ensures a dynamic urban environment with diverse dining, entertainment, and cultural options. The neighbourhood's strong rental demand is supported by its appeal to both tenants and owner-occupiers, providing a stable investment environment.

What are the ongoing costs associated with this property?
The annual body corporate levy is $5,964, which covers wifi, electricity, and water, simplifying ongoing expenses for the owner.
Is the property suitable for both investors and owner-occupiers?
Yes, the apartment is not restricted to student accommodation and is equally suitable for owner-occupiers, broadening its appeal.
What amenities are available within the building?
Residents have access to a gym, laundry facilities, lounge and seating areas, and a large communal balcony.
How is the rental demand in this area?
The building's collaboration with Shafston College and its prime location contribute to low vacancy rates and high rental demand.
What are the views and orientation of the apartment?
The apartment faces east and offers protected river views from its balcony.
Are there any upcoming or planned developments in the vicinity that could affect the property's value or environment? What are the specific terms of the body corporate by-laws and any restrictions on the property? Are there any known issues or defects with the building or apartment, such as structural concerns or past repairs? Is the property located within a flood or bushfire risk zone? Are there any additional costs or special levies expected in the near future for the building or complex?

718/188 Shafston Avenue, Kangaroo Point, Qld 4169 - More Details

Low $400k

Investors after a low-maintenance foothold in one of Brisbane's tightest rental pockets should look closely at this recently renovated one-bedroom studio in Kangaroo Point.

The apartment is currently leased at $2,207 per month, which is $26,484 in gross annual rent and a gross yield of 7.06%. After the annual body corporate levy of $5,964, the net yield sits at 5.47%. That levy is worth reading twice, because it covers wifi, electricity and water. Three of the outgoings an owner would normally carry are already accounted for, which gives you a cleaner and more predictable holding position than most studios at this level.

Inside, the studio has been updated throughout with new floors and a new kitchen, and it faces east to protected river views from its own balcony.

Occupancy is a real strength here. The building's collaboration with neighbouring Shafston College keeps vacancy rates low, and the apartment is not restricted to student accommodation. It is equally open to owner-occupiers, which widens both your tenanting options now and your buyer pool later.

Within the building, residents have a full gym, laundry facilities, a lounge and seating areas, and a large communal balcony. Secure car parking is available on site.

The location carries a lot of the value. The CityCat terminal and bus stops are only moments away, while the Kangaroo Point Cliffs, South Bank and the Brisbane CBD are all within easy reach.

For an investor the case is straightforward: a renovated, income-producing studio with strong yields, low vacancy, capped outgoings and a location that holds its demand.

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Type
Unit
Bedrooms
1
Bathrooms
1
Area
25 m²

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