$932,500

5 Bed  •  4 Bath  •  1 Car  •  417m²

Main view of Homely block of units listing, 26 Ascot Avenue, Westcourt QLD 4870
Floorplan of Homely block of units listing, 26 Ascot Avenue, Westcourt QLD 4870
Second view of Homely block of units listing, 26 Ascot Avenue, Westcourt QLD 4870
+18

Sold

26 Ascot Avenue, Westcourt QLD 4870

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$932,500

  • 5
  • 4
  • 1
  • 417m²

Block of Units Sold on Wed 13 Oct, 2021

What's around Ascot Avenue

Block of Units description

“BUY AND RETIRE! YOU COULD LIVE OFF THE RENT RETURNS ALONE”

*Virtual Tours Available On Request*

The ultimate in highly profitable, city fringe "cash cows". If you are looking for a once in a lifetime opportunity that enables you to truly change the direction of your life and offers a chance at financial freedom, this the one.

The Facts!
- Incredibly profitable at over 6% net per year
- Total rent return of over $65,000 per year
- 4 separate apartments all under one title
- All apartments are already tenanted
- Meticulously renovated while keeping character Queenslander charm
- City fringe location, close to shopping, dining and entertainment. 4 minutes to CBD
- Low maintenance gardens surrounding the property
- Communal laundry as well as multiple entertaining spaces

Positioned in an highly sought after City fringe location this incredible 2 story, character Queenslander has been intelligently divided into 4 separate apartments, all under the one title. Maximising income while reducing expenses and stress.

Apartment #1
- 1 bedroom apartment plus study area, Fully renovated to a modern chic style and complemented with Smeg appliances, it offers easy and convenient living for tenants with an elegant flowing, flowing floor plan, plenty of natural light and the ability to entertain with a private balcony at the rear

Apartment #2
- Fully renovated 2 bedroom apartment, complete with high ceilings, contemporary bay windows, high spec kitchen with soft close drawers and stone benchtops. An immaculate bathroom with walk in shower as well as a large balcony at the rear

Apartment #3
- 1 bedroom apartment with a private courtyard. The only one not completely renovated, while of simple design it has great potential for some small upgrades to elevate its interior and bring it up to the same standard as the other 3 apartments, This will drastically increase both your net yield and valuation. Ensuring there is potential for capital gains yet to be made..

Apartment #4
- Fully renovated and fully furnished, 1 bedroom ground floor apartment. Complete with plenty of storage options, gas cooking and an immaculately renovated bathroom.

26 Ascot Avenue will make for the perfect purchase for anyone looking for a high yield set and forget investment, a high yield holiday let opportunity or even a City Fringe home that is complimented with additional income streams.

For all enquiries, contact Tim Lyon on 0400 355 706

Property features

balcony

Balcony

builtInRobes

Built-in Robes

courtyard

Courtyard

deck

Deck

dishwasher

Dishwasher

fullyFenced

Fully Fenced

furnished

Furnished

shed

Shed

Other features

Car Parking - Surface, Close to Schools, Close to Shops, Close to Transport, Colourbond/Steel Roof

Land details

Area: 417m²

Interactive media & resources

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Fourth view of Homely block of units listing, 26 Ascot Avenue, Westcourt QLD 4870View more

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26 Ascot Avenue, Westcourt QLD 4870
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