Offers Over $200,000
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604/188 Shafston Avenue, Kangaroo Point QLD 4169

Apartment
1
Block size: 1347 m² approx.

Great Investment or Inner City Base!

Located on the sixth floor of the 'Shafston University Mansions' building, this studio apartment is the perfect entry into the market for first home buyers or investors alike who are searching for low maintenance living whilst being surrounded by great lifestyle options. Take advantage of this opportunity to secure an inner-city haven in a sought after location!

Boasting a slick compact layout filled with sunlight, this apartment features an open floor plan with a fully functional kitchen featuring ample storage space. The bedroom space is of great proportion featuring built in robes, ceiling fan, as well as an easy access to the bathroom displaying shower, toilet and cleverly tucked away storage.

The Shafston Mansion building offers an array of exceptional amenities, including a recreational lounge, on-site laundry facilities, a fully equipped indoor and outdoor gym, a cafeteria, and convenient photocopying and printing services. Furthermore, the building management team is available on-site to attend to all your needs, and secure swipe card access guarantees top-notch security throughout the premises.

Expected rental return of $400 per week.

Property Features:
Fully functional kitchen with ample storage space
Built in robes
Bathroom with shower and toilet
River glimpses
Very low vacancy rates
Perfect first home or investment in a premium location
Excellent rental returns for investors

Complex Features:
Professional onsite management
Fully equipped gymnasium
Recreational lounge
Cafeteria
On site laundry facilities
Low maintenance and economical body corporate fees include electricity & internet
Lift access in a secure complex

Body corporate contributions: $3,974 p.a.
Council rates: $2,000 p.a. (Approx)

A fantastic opportunity for those looking to enter the property market, or to attain a positively geared investment with minimal outlay!

It is hard to find a better location, with the Cross River Rail already under construction, and just moments away the underway Green Bridge from Kangaroo Point to the city, this is an area on the move.

Kangaroo Point is an upscale inner-city peninsula paradise, surrounded by water and parklands. Transport needs are serviced by ferries, City Cats, buses with quick access to the Clem Jones tunnel, South East Freeway and Story Bridge. Entertainment is supplied by the Jazz Club, Story Bridge Hotel and the Gabba'.

The area boasts many high-quality restaurants and cafes, all within walking distance. Those who reside in Kangaroo Point enjoy the benefits of an inner-city lifestyle in a peaceful setting without the hustle and bustle. Strong demand exists for both rentals and sales in this exclusive premier location.

Features include: Air conditioning,Air-Conditioning,Built in wardrobes,Close to Schools,Close to Shops,Close to Transport,First Home Buyer,Intercom,Water Views

Inspections

Saturday, 4 May9:00am - 9:30am
Can't inspect in person?

Contact Bailey Macoun to enquire about this property including alternatives to in-person inspections.

Key details

Bathrooms:
1
Property type:
Apartment
Block Size:
1347 *

Other Details

Lot:
604
Plan Type:
SP
Plan:
142469
Legal description:
604/SP142469
Kangaroo Point Real Estate
Next Inspection:

Maps and area information

Block information
Block size: 1347 (approx)
Legal description: 604/SP142469
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

We couldn't find any history for this property.
See Kangaroo Point's suburb profile

Kangaroo Point suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
36 years
Population
9,689
Listing ID: 182450109. This listing has been viewed 6 times. It was first displayed on 16/04/2024 and last updated on 29/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.