OFF MARKET

123 Racecourse Road
Ascot QLD 4007

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 549m2
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Property Details for 123 Racecourse Rd, Ascot

123 Racecourse Rd, Ascot is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 549m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Land Size
549m2
Local Government
Brisbane
Lot/Plan
3/RP33692

Last Listing description (May 2023)

This is a terrific opportunity to purchase your own freehold original condition property on Ascot's famous Racecourse Road.

In a prime, high-exposure position, the site provides a golden opportunity to become part of the celebrated "Racecourse" glamour strip of cafes, restaurants, sidewalk dining and boutique shopping.

Ripe for development, the 549m2 allotment is DC1 District Centre zoned and in the heart of the Racecourse precinct Neighbourhood Plan. Offering a range of options for buyers, you can transform the site and join the renowned array of commercial, retail and dining spots synonymous with this prominent street.

Highlights include:
- 549m2 prime high exposure position on Racecourse Road
- Approximate dimensions 13.3m x 40.7m
- District Centre Zone DC1
- In the heart of the Racecourse precinct Neighbourhood Plan
- Neighbouring cafes, restaurants, boutiques, Coles, banks and medical centre
- Short walk to Bretts Wharf CityCat terminal, buses and train station
- The iconic Eagle Farm Racecourse features at the top of the street
- Quick stroll to Portside Wharf precinct featuring restaurants, riverfront and cinema
- Surrounded by sporting clubs and precincts, including Royal Queensland Golf Course
- Immediate access to arterial roads and motorways to the north and south coasts
- Within 6km of the CBD and 11 minutes to Brisbane Airport

*Development subject to council approval

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

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Property History for 123 Racecourse Rd, Ascot, QLD 4007

A timeline of how this property has performed in the market
Last Sold
$2,250,000
30 Mar 2023
Listed for Rent
$350/w
30 Nov 2013
  • 30 Mar 2023
    Sold for $2,250,000
  • 06 Mar 2023
    Listed for Sale For Sale
  • 21 Nov 2013
    Listed for Rent - Price not available
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About Ascot 4007

The size of Ascot is approximately 2.8 square kilometres. It has 7 parks covering nearly 34.1% of total area. The population of Ascot in 2011 was 5,730 people. By 2016 the population was 5,760 showing a population growth of 0.5% in the area during that time. The predominant age group in Ascot is 40-49 years. Households in Ascot are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ascot work in a professional occupation. In 2011, 54.7% of the homes in Ascot were owner-occupied compared with 54.7% in 2016.

Ascot has 3,542 properties. Over the last 5 years, Houses in Ascot have seen a 68.95% increase in median value, while Units have seen a 67.99% increase. As at 30 November 2024:

  • The median value for Houses in Ascot is $2,605,850 while the median value for Units is $774,330.
  • Houses have a median rent of $990 while Units have a median rent of $590.
There are currently 20 properties listed for sale, and 12 properties listed for rent in Ascot on OnTheHouse. According to CoreLogic's data, 201 properties were sold in the past 12 months in Ascot.

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