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Property Details

Price
Offers above 330,000 by 5pm 8 September 2026
Address
701/188 Shafston Avenue
Suburb
KANGAROO POINT
State
QLD
Postcode
4169
Property type
Studio
Bedrooms
1
Bathrooms
1
Car spaces
0
Land size
1928
Building area
21
Listing reference
res215785

About this property

When calling, please use enquiry code 115785

Want high yield low-maintenance inner-city investment property OR live a riverside lifestyle with free car park in a tightly held blue-chip suburb?

Available vacant is a recently renovated self-contained studio at 2002 award-winning Shafston Mansion.

The studio comes fully furnished offering all you need to move in.

The all-new kitchenette is furnished with a bar fridge, electric cooktop, a tall pantry and other modern cooking appliances.

Electricity bills and unlimited 5G WiFi included in the body corp.

The complex features a secure free carpark, in-building laundry, onsite management and beautifully furnished spacious lobby suitable for WORK.

EXERCISE in a fully equipped gym, ENTERTAIN at a TV lounge or RELAX at a large outdoor deck for a BBQ.

As a prime location City Pad, this studio was returning $465 per week in 2025 which presents an exceptional yield for investors.

LOCATION LOCATION LOCATION

Nestled adjacent to a peaceful heritage site Shafston House on the river, you can walk only 11 min to either Dockside or Mowbray Park terminals and popular New Farm Park is just one stop across the river.

Moments from major hospitals, South Bank TAFE, QUT and Griffith Universities, Gabba Stadium, scenic river walks, and the iconic Story Bridge and Kangaroo Point Cliffs, the property places you within walking distance to education, entertainment, shopping and healthcare precincts. You are just 20 min walk to City Botanical Garden and the newly developed Star Brisbane Precinct. As CBD, South Bank, Fortitude Valley and New Farm are all within walking distance, you can enjoy all Brisbane has to offer while living without the hustle and bustle AND the noise and the pollution of these suburbs.

The Brisbane City Council just approved early July 2026 a development plan to transform your neighbouring 1ha riverfront Shafston site into a globally prestigious Capella Residences, first time in Australia. So, come 2029, it will become the most prestigious neighbourhood in Brisbane.

Property Highlights:

Council rates $548.8 per quarter
Body Corp. $1340.57 per quarter (includes water, electricity)
Water bill approx. $282 per quarter
Private bathroom with modern finishes
All-new kitchenette with pantry cupboard, electric cooktop and bar fridge
Fully-equipped gym, TV lounge and a large deck for recreation
Beautifully furnished spacious lobby with WiFi for work and meetings
Free secure underground car park and dedicated parking for all bikes
Secure building with lift AND step-free access
Walk to major hospitals, scenic river walks, and the iconic Story Bridge and Kangaroo Point Cliffs, and CBD

Inspect by appointment and secure your piece of Brisbane before the market moves on.

When calling, please use enquiry code 115785

Property Features

  • Alarm system
  • Living areas
  • Secure parking
  • Deck
  • Outdoor ent
  • Fully fenced
  • Gym
  • Broadband
  • Pay t v
  • Reverse cycle air con
  • Other features

Floor plan

Floor plan

Location map

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