OFF MARKET

5/40 Butler Street
Ascot QLD 4007

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 144m2
Land area: 144m2
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Property Details for 5/40 Butler St, Ascot

5/40 Butler St, Ascot is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 144m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in July 2014.

Building Type
Unit
Year Built
1977
Floor Size
144m2
Land Size
144m2
Local Government
Brisbane
Lot/Plan
5/BUP2568

Last Listing description (September 2024)

Welcome to 5/40 Butler Street, Ascot - a beautifully renovated three-bedroom unit in one of Brisbane's most sought-after locations. Nestled in the prestigious Ascot State School catchment, this home blends modern convenience with timeless style.

Featuring open-plan living, a sleek gourmet kitchen, and high-end finishes throughout, every detail has been thoughtfully curated for comfort and elegance. With a large sun-filled balcony, this property offers an ideal setting for relaxing with a morning coffee or entertaining of an evening.

The property will be sold at Auction in-rooms IF NOT SOLD PRIOR - 1PM on the 17th of October 2024 at Harcourts Local Ascot, 31 Alexandra Road Ascot (opposite Oriel Park)

Key features include:
Open-plan living and dining with seamless access to a north-facing balcony
Modern kitchen with gas cooktop, stainless steel appliances, and ample storage
Air-conditioned main bedroom with ensuite and walk-in robe
Internal laundry with linen storage for added convenience
Single lock-up garage with extra storage space and internal stairwell access
Well-maintained building with a functional Body Corporate Committee
90% owner-occupied residence

This property boasts outstanding rental potential and is conveniently located within walking distance to cafs, restaurants, Oriel Park, and the Ascot Marketplace. It's just a short 6 km from Brisbane CBD and 8 km from the airport, with public transport options only a 2-minute walk away-including direct buses to the city, this apartment truly offers the best of both lifestyle and convenience. Situated in the highly desired 4007 postcode, you'll find yourself close to prestigious schools such as St Margaret's, St Rita's College, Clayfield College, and St Agatha's Catholic Primary, making it ideal for families looking for a vibrant community.

Body Corporate Contributions: Approx. $3,085 Twice Yearly
Balance of Bank Account as of 11/09/2024: Approx. $58,199
All documents will be sent to you upon enquiry.

This property will be going to auction on 17/10/2024. Don't miss your chance to secure a home in one of Ascot's most coveted locations and enjoy everything it has to offer.

For more information, please contact Matthew Hunt on 0419 160 201 or Jake Balzano 0466 265 713.

**Disclaimer:** This property is being sold by auction and due to REIQ legislation a price guide isn't available. The website possibly filtered this property into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide. Whilst every effort has been made to ensure the accuracy of these particulars and images, 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.

Property History for 5/40 Butler St, Ascot, QLD 4007

A timeline of how this property has performed in the market
Last Sold
$430,000
29 Jul 2014
  • 23 Sep 2024
    Listed for Sale AUCTION if NOT SOLD PRIOR
  • 14 Dec 2022
    Listed for Sale Auction
  • 29 Jul 2014
    Sold for $430,000
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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 3,545 properties. Over the last 5 years, Houses in Ascot have seen a 66.22% increase in median value, while Units have seen a 57.26% increase. As at 31 August 2024:

  • The median value for Houses in Ascot is $2,312,161 while the median value for Units is $717,489.
  • Houses have a median rent of $1,120 while Units have a median rent of $560.
There are currently 27 properties listed for sale, and 21 properties listed for rent in Ascot on OnTheHouse. According to CoreLogic's data, 187 properties were sold in the past 12 months in Ascot.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.