Expressions of Interest Campaign
Closing 5pm Thursday 6th August
(if not sold prior)
A blue-chip investment in Ascot's exclusive avenues, this fully tenanted, strata-titled complex presents an outstanding opportunity to secure immediate income and long-term growth in one of Brisbane's most esteemed suburbs. Comprising 8 (Strata titled) x 2-bedroom units on an 852sqm North-South parcel, the property delivers strong holding income today while offering exciting scope to landbank or explore future redevelopment potential.
Returning circa $220,740 per annum, the complex features 8 strata titled apartments, each comprising open living and dining areas, a functional kitchen, private balcony or terrace, 2 bedrooms with built-in robes, a combined bathroom/laundry and a secure car space. With consistent tenant appeal in a tightly held location, this is a rare offering with enduring upside.
The prospect is further enhanced by a prime position only 7.5km from the CBD and 11 minutes from Brisbane Airport. Renowned for its exceptional walkability and lifestyle appeal, the property is within 130m of bus stops and Doomben train station, 1km from the shopping, dining and Woolworths at Racecourse Village, and minutes from the vibrant Racecourse Road and Portside Wharf precincts.
Parks, the Riverwalk, Northshore, Eagle Farm and Doomben Racecourse are all close at hand, while childcare, local schools and leading private colleges are within easy reach. With effortless access to Kingsford Smith Drive and the Gateway Motorway, this is a premium investment opportunity in one of Brisbane's most sought-after blue-chip suburbs.
Property features include:
- Blue-chip investment opportunity in Ascot's exclusive avenues
- 8-unit strata-titled complex on an 852sqm north-south parcel
- Fully tenanted and generating circa $220,740 per annum returns
- Each unit includes living, dining, kitchen and a balcony/terrace
- 2 bedrooms with BIRs, 1 bathroom/laundry, 1 secure car space
- Ceiling fans inside and security-screened doors
- 2x visitor car spaces within the complex
- Walk to buses, trains and Racecourse Village shopping and dining
- 7.5km to the CBD and 11 minutes to Brisbane Airport
Disclaimer
"Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property. If this property is being sold by auction or without a price, a price guide cannot be provided. The website may have filtered the property into a price bracket for functionality purposes"
