5/93 Beatrice TerraceAscot QLD 4007
Property Details for 5/93 Beatrice Tce, Ascot
5/93 Beatrice Tce, Ascot is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1988. The property has a land size of 115m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Ascot in the last 12 months.
Last Listing description (June 2020)
Rarely does an opportunity present itself in such a prime position. Harcourts Experience is proud to present 93 Beatrice Terrace, Ascot to the market, a fully tenanted unit complex situated on an 857m2 corner block.
'Rongis Lodge' is fully strata titled and comprises of six individual, two bedroom apartments that are all tenanted with long term leases in place. Enjoy consistent revenue while you hold the land or develop into units or townhouses STCA and capitalise on the continual growth opportunities that blue-chip Ascot presents . Current return is circa $100,000 pa.
Beatrice Terrace is situated in Brisbane's inner-north in the prestigious suburb of Ascot, just 6.9km from the CBD and nearby to many major infrastructure upgrades including the Portside Precinct and Kingsford Smith Drive.
Just a short stroll to the Racecourse Road Precinct offering cafes, boutiques, medical services and supermarkets and the Eagle Farm and Doomben Racecourses . Ideally located for transport options including bus, Citycat ferry and train services.
Opportunities like this do not present often. Please email or phone Kate Peereboom on 0417 719 566 to obtain a Memorandum of Information Pack including the individual tenancy details and annual income and expenditure associated with the complex.
In light of the evolving Covid-19 crisis restrictions, please take the opportunity to view the site plan for the block, as well as individual images, floorplan and virtual walk through video provided for one of the six units. All units are the same layout. We would be more than happy to arrange a private inspection, should you wish to inspect.
Property History for 5/93 Beatrice Tce, Ascot, QLD 4007
- 08 Feb 2024Sold for $3,103,333
- 01 Jun 2020Listed for Sale $1,900,000
- 29 May 2020Sold for $1,210,000
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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 3,531 properties. Over the last 5 years, Houses in Ascot have seen a 69.01% increase in median value, while Units have seen a 59.21% increase. As at 31 October 2024:
- The median value for Houses in Ascot is $2,552,880 while the median value for Units is $740,055.
- Houses have a median rent of $995 while Units have a median rent of $590.
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