$210,000

1 Bed  •  1 Bath  •  0 Car  •  27m²

Main view of Homely apartment listing, 408/188 Shafston Avenue, Kangaroo Point QLD 4169
Second view of Homely apartment listing, 408/188 Shafston Avenue, Kangaroo Point QLD 4169
Third view of Homely apartment listing, 408/188 Shafston Avenue, Kangaroo Point QLD 4169
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408/188 Shafston Avenue, Kangaroo Point QLD 4169

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$210,000

  • 1
  • 1
  • 0
  • 27m²

Apartment Sold on Mon 3 Jun, 2024

What's around Shafston Avenue

Apartment description

“Prime Investment Opportunity in Vibrant Kangaroo Point”

Positioned at the heart of Brisbane's booming landscape, this studio apartment offers an enviable location ensuring a steady income. It represents a strong, secure, and profitable investment opportunity. The 'Shafston Mansions' building maintains extremely low vacancy rates, making it highly attractive to investors seeking consistent rental income and minimized risk.

FINANCIALS / Quarter (approximate):
- Body Corporate: $1090
- Council Rates: $480
- Water: $300

Rent: $375/week. Current tenancy agreement expires 21/5/24

Its close proximity to upcoming infrastructure, vibrant amenities, and thriving attractions makes it an irresistible prospect for savvy investors looking for both immediate returns and long-term value growth.

Features of the Property:
- Studio apartment measuring 27m2
- Ideal for market newcomers and first-time homebuyers
- Includes built-in storage solutions
- Efficient kitchen with generous storage space
- Features a convenient study nook, ceiling fan, and portable air conditioner
- Offers natural ventilation through windows

Amenities at Shafston Mansion:
- Recreational lounge
- On-site laundry facilities
- Fully equipped indoor and outdoor gym
- Cafeteria and business services
- 24/7 on-site building management
- Secure swipe card access for top-tier security

Location Advantages:
- Near the upcoming Kangaroo Point Green Bridge for easy CBD access
- Close to dining, cafes, bars, and public transport
- Nearby attractions include the Brisbane River, Captain Burke Park, Kangaroo Point Cliffs, and Story Bridge Hotel

This exceptional studio apartment at 408/188 Shafston Avenue presents an outstanding investment opportunity. It's a lucrative option for investors seeking a strategic foothold in the vibrant Kangaroo Point area. With its blend of financial stability, extremely low vacancy rates, convenience, and attractive amenities, this property is a compelling choice for those looking to capitalize on Brisbane's thriving real estate market.

Take action now and call Louise Spencer to learn more about this prime investment opportunity!

Disclaimer
Spencer Group Property has made all reasonable endeavors to ensure that all information contained within this website is true and correct. However, Spencer Group does not guarantee its accuracy and accepts no responsibility for any errors, omissions or misrepresentations that may occur. Interested parties should make and rely on their own enquiries to verify the information provided.

Other features

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Building details

Area: 27m²

Land details

Area: 27m²
Fourth view of Homely apartment listing, 408/188 Shafston Avenue, Kangaroo Point QLD 4169View more
Fifth view of Homely apartment listing, 408/188 Shafston Avenue, Kangaroo Point QLD 4169View more

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408/188 Shafston Avenue, Kangaroo Point QLD 4169
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