Two luxury penthouse apartments atop a student accommodation building have been brought to market, advertised as being the most affordable penthouses in Kangaroo Point.
Units 121 and 1202 at 188 Shafston Ave are two two-bedroom, two-bathroom penthouses that can be combined to create a larger four-bedroom property.
The penthouses were owned by the late Keith Lloyd, millionaire and founder of Shafston International College.
Lloyd is also well-known for being the original owner of the famous Pink Mansion in Norman Park, having spend around $12m on its development.
Units 1201-1202 at 188 Shafston Ave, Kangaroo Point: dual penthouses atop student accommodation.
Each penthouse is being put on the market separately, with the offer to buy both as a combined property.
Place Kangaroo Point agent Simon Caulfield said their location above student accommodation meant they would be the most affordable units of this property type in the area.
“There is absolutely no denying that there won’t be a more affordable penthouse out there, that is a genuine penthouse: top floor, no one above you and a unique layout,” he said.
The penthouses were previously owned by millionaire Keith Lloyd, who founded Shafston College. Picture: Tara Croser.
The location is on the Shafston Estate, looking over Shafston House: built in the 19th century and used as a repatriation hospital for soldiers from 1920-1969.
“There’s a history to the building,” Mr Caulfield said.
“The cool thing about the Shafston penthouse is, I think you’ve been able to watch the evolution of Kangaroo Point and Brisbane in that time.”
The two units are joined by a lobby with a lift, and paintings in the home are being sold separately.
The rooftop overlooks the rest of the historic Shafston Estate, including the former Anzac hostel Shafston House.
The penthouses feature European-inspired interiors and 360 degree views of the city and Brisbane River, along with a lobby and elevator between the units. Two garage spots are available per unit, and the homes have a combined 251 sqm of outside rooftop space.
A master suite sits in each apartment, and the living areas feature chandeliers and art pieces available to buy separately.
The homes are being marketed as the most affordable penthouses in the suburb.
Mr Caulfield said the penthouses were the only owner-occupier property in the building. He added that while its location above students could provide rental opportunities, it was primarily used by Mr Lloyd and his family when they were in the area.
“He occupied one of the properties for a period of time,” Mr Caulfield said. “I know that [his children] would come and stay up there in the other side. That’s the benefit of the dual layout: it’s pretty rare these days, two penthouses side-by-side.”
Mr Lloyd was reportedly living in the property in 2004, when he stepped down from his positions at Shafston College.
Talks of a new development being built on the estate are ongoing, located to the side of the student building and estimated to be several storeys taller.