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1-4/135 Racecourse Road,
Ascot 4007, Queensland

8 bedrooms
4 bathrooms
8 car spaces
614m² land size
Block of Units

$2,850,000


Property details

ASCOT GEM - HOLDING INCOME - DEVELOPMENT POTENTIAL

ON SEPARATE TITLES WE OFFER THIS 4 X 2 BEDROOM UNIT BLOCK SITUATED ON COVETED RACECOURSE ROAD OFFERING THE ASTUTE INVESTOR THE FLEXIBILITY OF FURTHER DEVELOPMENT OF THE SITE OR HOLDING THE ASSET TO REAP SUBSTANTIAL CAPITAL GAIN. CIRCA 1975 WITH A LAND HOLDING OF 614 SQM THE PROPERTY IS RETURNING A MODEST $83,720.00 PA WITH POTENTIAL EARNINGS OF OVER $104,000.00 PA (RENTAL APPRAISAL AVAILABLE). Each unit has two bedrooms, large living rooms, ample kitchen & bathrooms and advantaged by balconies and lock up garages. Being prime real estate the property is situated along leafy Racecourse Road with its cafe's and retail outlets and is within minute access of the Portside Wharf and the CBD of Brisbane. Information Memorandum available by request. Enquiries and viewing arrangements with Andrew Sim 0426 582 818

Explore the area


School catchments

  • Hamilton State School Primary Prep-6 Government 0.82km
  • Ascot State School Primary Prep-6 Government 0.93km
  • St Rita's College Combined 5-12 Catholic 1.2km
  • Our Lady Help of Christians School Primary Prep-6 Catholic 1.3km
  • St Agatha's Primary School Primary Prep-6 Catholic 1.3km

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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