New owner plans to restore Brisbaneâs third-oldest residence Save Normal text size Advertisement State heritage-listed Shafston House is under new management, with plans for a full restoration, apart from the Shafston International College campus buildings, which will be demolished. The site is the third-oldest residence in Brisbane. It is situated on the Brisbane River at Kangaroo Point and was built in stages from 1851 to the 1930s. Shafston House was designed by one of Brisbaneâs âmost sacred architectsâ, Robin Dods. Credit:Queensland Heritage Register The historic riverfront site attracted national and international interest when former owner Keith Lloyd put it on the market in November last year.