702/188 Shafston Avenue, KANGAROO POINT QLD 4169

Entry-Level Opportunity in a Prime Inner-City Location

Unit - KANGAROO POINT QLD

Offering an affordable foothold in one of Brisbane’s most sought-after inner-city precincts, this fully self-contained studio apartment is an exceptional property for astute investors or buyers seeking a convenient city base. Fully furnished and currently returning $400 per week with a lease secured until May 2027, it provides immediate income and appealing low-maintenance credentials, whether as a first investment or an addition to an established portfolio.

The apartment combines sleeping, living and study space within a practical layout, complemented by built-in storage, a compact kitchenette and private bathroom. Secure access adds peace of mind, while residents can also enjoy use of the gym and generous outdoor living area within the complex. With attractive pricing and a strong rental return, this is an outstanding opportunity not to be missed.

This address places Brisbane’s best inner-city attractions within remarkably easy reach. Walk to South Bank and the Kangaroo Point riverside precinct, multiple bus routes are within a two-minute stroll and Dockside, Mowbray Park and Holman Street CityCat terminals are nearby. The Kangaroo Point Green Bridge provides a direct pedestrian and cycle connection to the CBD and Botanic Gardens, while Queen’s Wharf Brisbane brings an exciting collection of dining and entertainment options close to home.

The Numbers
•. Body corporate fees: $1379 (approx. per quarter, if paid on time)
• Rates $612 (approx. per quarter)
• Entry-level investment opportunity with strong inner-city appeal
• Fully furnished, self-contained studio in central Kangaroo Point
• Currently returning $400 per week, leased until May 2027
• Next rental increase (estimate) $450 – $500 per week
• Practical studio layout with kitchenette, bathroom and built-in storage
• Secure complex with gym and outdoor living area
• Walk to CBD, South Bank, bus routes and CityCat terminals