608/188 Shafston Avenue Kangaroo Point, QLD 4169

Positioned in one of Kangaroo Point's most convenient and tightly held pockets, this well-presented studio apartment is a ready-made investment with a tenant in place and income from the day you settle.

Currently leased until April 2027 at $990.00 per fortnight, the furnished apartment removes the usual vacancy and tenant-search hurdles, making it an ideal addition to an investment portfolio. The functional floorplan combines the bedroom and living space, kitchenette and private bathroom. The bedroom opens to a south facing balcony with a pleasant outlook.

The apartment sits within a secure, well-maintained complex on a 1,928m² riverside allotment. Residents enjoy a well-equipped gym, resident lounge and an outdoor entertaining area overlooking the Brisbane River. The CityCat terminal and bus stops are moments away, and the Kangaroo Point Cliffs, South Bank and Brisbane CBD are all within easy reach.

Features include:

• Tenanted until April 2027 at $990 per fortnight
• Functional, low-maintenance studio layout
• Balcony outlook from the bedroom
• Kitchenette & Private bathroom
• Secure, well-maintained complex
• Resident gym, lounge and outdoor entertaining area overlooking the river
• CityCat terminal and bus stops at your doorstep
• Moments to the Kangaroo Point Cliffs, South Bank and Brisbane CBD

Financials
• Rates: Approx. $550.00 P/Q
• Water: $200.00 + Usage P/Q
• Body Corporate Levy: Approx. $6800.00 P/A
• Rental Appraisal: $450.00 - $500.00 per week

DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.

Please note: Some images have been virtually staged for illustrative purposes only. Furniture, décor, and styling shown may not reflect the current presentation of the property. Buyers are encouraged to inspect the property in person to verify its features and condition.