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Apartment
SOLD on Feb 2024
$195,000
802/188 Shafston Avenue, Kangaroo Point, QLD, 4169, Australia
1
1
21 m²
Nearest stations
South Bank
1.7KM (21 mins)
Central
1.7KM (21 mins)
Property Features
- Gym
- Air Conditioning
About this Property
The enviable location of this studio apartment positions it at the heart of the booming Brisbane landscape, ensuring a steady stream of income. This a strong, secure and profitable investment. The ‘Shafston Mansions’ building boasts extremely low vacancy rates, fortifying its appeal for investors seeking consistent rental income and minimized risk.
Property Financials:
- Brisbane City Council Rates: $480 per quarter
- Body Corporate Rates (including electricity): $915 per quarter
- Water: $285 per quarter
- Current Rent: $375 per week
- Lease Status: Leased until 19th March 2024
Based on these figures the yield is 6.4%
The property's proximity to upcoming infrastructure, vibrant amenities, and thriving attractions makes it an irresistible prospect for astute investors seeking both immediate returns and long-term value growth.
Property Features:
- Exceptional 21m2 studio apartment
- Ideal for market newcomers and first-time homebuyers
- Ample built-in storage solutions
- Efficient kitchen with generous storage space
- Includes a convenient study nook, ceiling fan, and portable air conditioner
- Windows for natural ventilation
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:
- Proximity to upcoming Kangaroo Point Green Bridge for easy CBD access
- Close to dining, cafes, bars, and public transport
- Nearby attractions: Brisbane River, Captain Burke Park, Kangaroo Point Cliffs, and Story Bridge Hotel
This exceptional studio apartment at 802/188 Shafston Avenue presents an outstanding investment opportunity. Boasting a solid yield of 6.4% and a lease until March 2024, it's a lucrative option for investors seeking a strategic foothold in the vibrant Kangaroo Point area. With a perfect 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.
Don't miss out - seize this opportunity and invest in your future today!
Property Financials:
- Brisbane City Council Rates: $480 per quarter
- Body Corporate Rates (including electricity): $915 per quarter
- Water: $285 per quarter
- Current Rent: $375 per week
- Lease Status: Leased until 19th March 2024
Based on these figures the yield is 6.4%
The property's proximity to upcoming infrastructure, vibrant amenities, and thriving attractions makes it an irresistible prospect for astute investors seeking both immediate returns and long-term value growth.
Property Features:
- Exceptional 21m2 studio apartment
- Ideal for market newcomers and first-time homebuyers
- Ample built-in storage solutions
- Efficient kitchen with generous storage space
- Includes a convenient study nook, ceiling fan, and portable air conditioner
- Windows for natural ventilation
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:
- Proximity to upcoming Kangaroo Point Green Bridge for easy CBD access
- Close to dining, cafes, bars, and public transport
- Nearby attractions: Brisbane River, Captain Burke Park, Kangaroo Point Cliffs, and Story Bridge Hotel
This exceptional studio apartment at 802/188 Shafston Avenue presents an outstanding investment opportunity. Boasting a solid yield of 6.4% and a lease until March 2024, it's a lucrative option for investors seeking a strategic foothold in the vibrant Kangaroo Point area. With a perfect 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.
Don't miss out - seize this opportunity and invest in your future today!
Gallery
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Raas Property Group
+ 61 0401 011 181
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More Details on 802/188 Shafston Avenue, Kangaroo Point QLD
How many bedrooms and bathrooms does 802/188 Shafston Avenue, Kangaroo Point have?
802/188 Shafston Avenue, Kangaroo Point is a 1 bedroom, 1 bathroom apartment.
Who is the agency that listed 802/188 Shafston Avenue, Kangaroo Point?
The agency who listed 802/188 Shafston Avenue, Kangaroo Point is Raas Property Group - you can contact the agents here.
How many car spots does 802/188 Shafston Avenue, Kangaroo Point have?
802/188 Shafston Avenue, Kangaroo Point is a 0 car spot home.
How much is 802/188 Shafston Avenue, Kangaroo Point?
The price of 802/188 Shafston Avenue, Kangaroo Point is $199K - contact the agents to find out more.