This is a rare opportunity in the heart of Ascot and within the Ascot State School catchment. The building consists of 4 x 2 bedroom units on separate titles which are collectively achieving $2,160/week in rent. The units are neat & tidy with similar functional designs which include a balcony, garage, storage and laundry. The last Tenancy expires on the 14/10/2027. Unit 1 is tenanted at $560/week until 16/08/2027, unit 2 is tenanted at $520/week until 18/07/2027, unit 3 is tenanted at $520/week until 8/08/2027 and unit 4 is tenanted at $560/week until 14/10/2027. The building resides on a near perfect north facing allotment with 15m frontage and is within a short walk to key Ascot amenities including Oriel Park, Eagle Farm Racecourse and the Racecourse Road shopping precinct. This is a flexible investment defined by its location and large north facing 607m² allotment.
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Features
8 bedrooms
4 bathrooms
directions_car4 carspaces
crop_free607 m² lot size
cottageBlock of units
Property history for 86 Upper Lancaster Rd
2019
Sold
Undisclosed
19 Jul 2019 by Dwight Ferguson, of Ray White Ascot
Happy sellers in Ascot
77%
sentiment_satisfied
77% of sellers in Ascot reported that their sale price either exceeded or met their price expectations.
Ascot stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 16 reviews in Ascot over the last 12 months.
Local market activity for 8 bedroom block of units in Ascot