FOR SALE
$550,000 to $570,000

324/1 Ascot Vale Road
Flemington VIC 3031

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 75m2
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Lease back to The Quest Or As Your Beautiful Home

'ONLY' at Flemington must be seen to be believed! Only once will you get the perfect layout, exquisite residents' facilities with views overlooking the roses and lawns of the world-class Flemington racecourse.
This four-year-old apartment features everything you've ever searched for in one elegant package. The generous open plan living area comes with floor boards throughout, and a stylish kitchen complete with stone top island bench, 1½ bowl sink surrounded by loads of cupboard and pantry storage, dishwasher, concealed fridge, and plenty of storage. The dedicated study desk is fully wired and ready to go
The living room opens up on the balcony, which presents breath-taking views of Melbourne.
2 bedrooms with Large BIR's and fully fitted internal racking. The master bedroom features stunning views across playing fields to one of the best dress-circle views of Melbourne's CBD. The ensuite plus main bathroom have quality tiles, tap wear and fittings. whilst the central bathroom completes this fab package with its clean, contemporary finishes, ample storage, and euro-laundry.
Split system heating/cooling, secure swipe and intercom entry, and secure car park with storage cage round out this fine home.
This building features a 19th floor horizon swimming pool directly overlooking the lights of the Melbourne CBD & the Bay. Residents also enjoy a gym, sanctuary deck, library and lounge. Level three offers even more lifestyle experiences with four private party pods with BBQ's and Balinese style huts looking directly over the main straight of the world class Flemington racecourse and 325 acres of expansive greenery.
Every morning your foyer-based barista will greet you with a smile as you head to the tram directly out the front or Newmarket train station. A gentle walk to both Flemington and Union Road villages positions this property in Melbourne's silk department.
This home is under The Quest Hotel Management at the moment, which have been well looked after by professional cleaning team every day. You can also lease back to The Quest Hotel, the best tenant. You will have stable, long term and higher rent than market price.
Definitely put this one on your inspection list and come on up! Book your Inspection Appointment Please contact John 0466 599 431 or Jimmy 0438 488 922
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Property Details for 324/1 Ascot Vale Rd, Flemington

324/1 Ascot Vale Rd, Flemington is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 75m2. The place is currently for sale with Ausfortune property .

Building Type
Apartment
Floor Size
75m2

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About Flemington 3031

The size of Flemington is approximately 2.9 square kilometres. It has 13 parks covering nearly 5.2% of total area. The population of Flemington in 2011 was 7,528 people. By 2016 the population was 7,721 showing a population growth of 2.6% in the area during that time. The predominant age group in Flemington is 20-29 years. Households in Flemington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Flemington work in a professional occupation. In 2011, 34.5% of the homes in Flemington were owner-occupied compared with 33.4% in 2016.

Flemington has 4,876 properties. Over the last 5 years, Houses in Flemington have seen a 24.05% increase in median value, while Units have seen a 10.80% increase. As at 31 July 2024:

  • The median value for Houses in Flemington is $1,174,324 while the median value for Units is $427,686.
  • Houses have a median rent of $650 while Units have a median rent of $450.
There are currently 11 properties listed for sale, and 13 properties listed for rent in Flemington on OnTheHouse. According to CoreLogic's data, 221 properties were sold in the past 12 months in Flemington.

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John Chen
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Oscar Lei
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