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218/1 Ascot Vale Road

Flemington VIC 3031

2
2
1
Apartment
Currently for sale - view listing

Overview

Investment Opportunity at Its Finest

Discover effortless investing with this beautifully maintained studio apartment, perfectly positioned within the Quest Flemington Central complex. Managed under the trusted Quest Hotel Group, this property offers the ultimate in hands-free investment with a secure annual rental return of approximately $26,000. Key Features • Fully managed by Quest Hotels, ensuring consistent occupancy and peace of mind • Modern studio apartment with quality furnishings and finishes • Prime Flemington location – moments from Flemington Racecourse, public transport, cafes, and the CBD • Facilities include: rooftop pool, gym, and shared entertaining spaces Why Invest Here Whether you’re expanding your portfolio or entering the property market, this is a true “set and forget” investment. With an established tenant (Quest Hotels) and guaranteed returns, you can enjoy stable income without the hassle of day-to-day management. Key Investment Details • Current return: approx. $26,000 per annum • Managed by: Quest Flemington Central • Type: Serviced apartment / investment only (not for owner-occupation) Location Highlights Perfectly situated just 4 km from Melbourne’s CBD, with easy access to tram and train services, nearby shopping, and the vibrant lifestyle Flemington is known for. Photo ID required at all open for inspections. Disclaimer: We have, in preparing this document, used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
Apartment

Happy sellers in Flemington

88%
88% of sellers in Flemington reported that their sale price either exceeded or met their price expectations.

Flemington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Flemington over the last 12 months.

Local market activity for 2 bedroom apartments in Flemington

In the last 12 months, 35 two-bedroom apartments similar to 218/1 Ascot Vale Road, have been sold.

This represents a 9% increase in two-bedroom apartments sales when compared to the previous 12 months.

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