Offers Over $200,000
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605/188 Shafston Avenue, Kangaroo Point QLD 4169

Apartment
1

Prime Investment Opportunity in the Heart of Kangaroo Point

This fully equipped studio apartment located in the highly sought after 'Shafston University Mansions' building represents great value buying! Whether you're a savvy investor looking for a positively geared investment to add to the portfolio, homeowner or someone who works away from home and just needs it for a few nights, it is a perfect location in the heart of Kangaroo Point.

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 features built in wardrobes, ceiling fan and air conditioning. The fully functional bathroom is complete with floor to ceiling tiling, shower and toilet.

The Shafston Mansions 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 $425 per week.

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

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. - Inclusive of electricity and internet
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, 6 Jul9:00am - 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

Other Details

Lot:
605
Plan Type:
SP
Plan:
142469
Legal description:
605/SP142469
Kangaroo Point Real Estate
Next Inspection:

Maps and area information

Block information
Legal description: 605/SP142469
Block Map
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Enrolment areas for ACT public schools.

Property history

We couldn't find any history for this property.
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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: 182550896. This listing has been viewed 24 times. It was first displayed on 27/05/2024 and last updated on 01/07/2024.
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.