5/12 Leonard Crescent, Ascot Vale VIC 3032

The Facts

Guaranteed Rent:$440 p.w
Yield: 4.68%
Council Rates: $1128 p.a
Water Rates: $662.50 p.a
Unique Feature: Flemington Racecourse
Age: 4 years
Internal Size: 70sqm (approx)
Total Size: 91sqm (approx)


Set within 'The Stables' boutique residential complex, this spacious ground floor apartment is ideal for year round entertaining, incorporating stylish private alfresco and rooftop BBQ space. Situated within the iconic Melbourne Showgrounds precinct, with easy rear lane access, this low maintenance property offers an exceptional opportunity for a first home buyer or a quality investment with a stable income and strong long-term capital growth.

The apartment's superb floor plan opens into a light filled open plan living and dining area which flows seamlessly to an expansive secluded north facing leafy decking and courtyard, with a kitchen showcasing stone benchtops and European stainless steel appliances.

The property also enjoys access to an enviable communal rooftop terrace with barbeque and alfresco dining areas, offering spectacular city views for outdoor dining and entertaining visitors.

The apartment comprises two generous carpeted bedrooms, each equipped with built-in wardrobes and overlooking a private courtyard, with the master bedroom offering direct access out to the courtyard. The master bedroom also includes a spacious stone full ensuite, while the apartment's luxurious central stone bathroom is complemented by a separate European laundry.

Boasting high ceilings and wide oak flooring throughout, the home also features heating and air conditioning in each room, and is serviced by a private and secure video intercom entry. Single off street undercover carspace is easily accessed via the rear laneway, providing effortless entry throughout the racing season.

Situated directly opposite the Melbourne Showgrounds, and just a short stroll from Flemington Racecourse, the apartment is also set close to the Maribyrnong River trails, Highpoint shopping, Showgrounds Village, Union Road cafes, and Victoria University, and enjoys easy access to CityLink and the CBD, with trains, trams and buses all just metres away.

*Longview believes the information to be correct at the time of publishing. Certain information has been obtained from external resources and has not been independently verified. We cannot guarantee the accuracy of all information.