An exceptional chance to secure a high-performing investment property in one of Brisbane's most coveted blue-chip suburbs — Ascot.
This fully leased complex comprises seven residential units set on a generous 857sqm block with a 20-metre frontage. Ideally located just moments from Ascot Train Station, Portside Wharf, and the thriving Racecourse Road precinct, which is currently undergoing significant transformation with several premium developments underway.
Ascot is renowned for its vibrant, upscale lifestyle, offering an abundance of cafés, fine dining, and boutique shopping options, all within easy reach. The suburb continues to see strong demand from both tenants and investors alike.
The property includes:
• 4 x two-bedroom units
• 3 x one-bedroom units
• Majority of units feature private balconies and individual lock-up garages
• All units include one bathroom
With no body corporate fees and all units currently leased, the property delivers a strong and immediate rental return, generating a gross annual income of $180,000.
Key Features:
• Premium Ascot location
• Flood/overland flow free
• 857m² landholding with 20m street frontage
• Fully leased complex – consistent income stream
• No Body Corporate – full ownership of land and improvements
• LMR Zoned for potential future redevelopment (STCA)
This is a rare opportunity to acquire a solid investment in a high-growth, blue-ribbon location.
Contact Tony Mower 0419 233 783 I Jo Mower 0419 233 787 to arrange a private inspection.
