802/188 Shafston Avenue, Kangaroo Point, Brisbane - Eastern Region

802/188 Shafston Avenue, Kangaroo Point, QLD 4169
Investment Opportunity: Strong, Safe and Secure

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!