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1-5/309 Lancaster Road,
Ascot 4007, Queensland
$3,050,000
Property details
-
Agents
Ray White Ascot
Shop 1/138 Racecourse Road, Ascot Queensland 4007
Strata Titled Block In Blue Chip Suburb of Ascot
Expressions of Interest Closing Friday 12pm 3rd May 2024.
A unique offering of a brick constructed complex on 801m2 of prime Ascot land. Comprising of 4 two bedroom apartments, and 1 three storey 3 bedroom apartment, offering the potential to modernise and further increase investment return.
This could be the jewel in your property portfolio.
Apartment Information as follows:
UNIT 1 - 3 Bed 2.5 Bath 2 Car - periodic lease
UNIT 2 - 2 Bed 1 Bath 1 Car - vacant
UNIT 3 - 2 Bed 1 Bath 1 Car - periodic lease
UNIT 4 - 2 Bed 1 Bath 1 Car - periodic lease
UNIT 5 - 2 Bed 1 Bath 1 Car - periodic lease
Projected gross yearly rental income $146,000 - $159,035 p.a.
As you can see this block of apartments, in this prime blue chip location, presents a wonderful investment opportunity.
Features Include:
* Quick and easy access to both the City and the Airport
* Property in good condition with limited upkeep
* Minimal spend to further improve rental yield
* Located next to bus stops and close to city cat ferry/train line
* Ideal for land bank or Superfund acquisition
This fantastic property has been owned within the same family since 1994 and is now a surplus to their requirements and will be sold.
Own your own unit block in Brisbane's elite suburb of Ascot.
For further information please contact the team for an Information Memorandum.
**Disclaimer:** In preparing this information, we have used our best endeavours to ensure that the information contained therein is true and accurate, and accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein.
A unique offering of a brick constructed complex on 801m2 of prime Ascot land. Comprising of 4 two bedroom apartments, and 1 three storey 3 bedroom apartment, offering the potential to modernise and further increase investment return.
This could be the jewel in your property portfolio.
Apartment Information as follows:
UNIT 1 - 3 Bed 2.5 Bath 2 Car - periodic lease
UNIT 2 - 2 Bed 1 Bath 1 Car - vacant
UNIT 3 - 2 Bed 1 Bath 1 Car - periodic lease
UNIT 4 - 2 Bed 1 Bath 1 Car - periodic lease
UNIT 5 - 2 Bed 1 Bath 1 Car - periodic lease
Projected gross yearly rental income $146,000 - $159,035 p.a.
As you can see this block of apartments, in this prime blue chip location, presents a wonderful investment opportunity.
Features Include:
* Quick and easy access to both the City and the Airport
* Property in good condition with limited upkeep
* Minimal spend to further improve rental yield
* Located next to bus stops and close to city cat ferry/train line
* Ideal for land bank or Superfund acquisition
This fantastic property has been owned within the same family since 1994 and is now a surplus to their requirements and will be sold.
Own your own unit block in Brisbane's elite suburb of Ascot.
For further information please contact the team for an Information Memorandum.
**Disclaimer:** In preparing this information, we have used our best endeavours to ensure that the information contained therein is true and accurate, and accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein.
Explore the area
School catchments
- Hamilton State School Primary Prep-6 Government 0.31km
- Hendra State School Primary Prep-6 Government 1.2km
- Our Lady Help of Christians School Primary Prep-6 Catholic 1.3km
- Ascot State School Primary Prep-6 Government 1.5km
- St Rita's College Combined 5-12 Catholic 1.6km
- St Agatha's Primary School Primary Prep-6 Catholic 1.7km
- St Margaret's Anglican Girls School Combined Prep-12 Independent 2.1km
- Aviation High Secondary 7-12 Government 2.1km
- Clayfield College Combined Prep-12 Independent 2.3km
- Bulimba State School Primary Prep-6 Government 2.4km
- Eagle Junction State School Primary Prep-6 Government 2.6km
- Balmoral State High School Secondary 7-12 Government 2.7km
- Sts Peter and Paul's School Primary Prep-6 Catholic 3.1km
- Holy Cross School Primary Prep-6 Catholic 3.2km
- Mary MacKillop College Secondary 7-12 Catholic 3.3km
- St Joseph's School Primary Prep-6 Catholic 3.4km
- Nundah State School Primary Prep-6 Government 3.5km
- Cannon Hill Anglican College Combined Prep-12 Independent 3.5km
- Kedron State High School Secondary 7-12 Government 3.6km
- Fortitude Valley State Secondary College Secondary 7-12 Government 4.1km
- Lourdes Hill College Combined 5-12 Catholic 4.4km
- Music Industry College Secondary 11-12 Independent 4.5km
- Angelorum College Combined Prep-10 Independent 4.6km
- Humanitas High School Secondary 7-11 Independent 4.7km
- Humanitas High School - Initial Campus Secondary Independent 4.7km
- All Hallows' School Combined 5-12 Catholic 4.9km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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