318/1 Ascot Vale Road, Flemington, Vic 3031

$350,000 - $380,000

Apartment
Type
1
Bedrooms
1
Bathrooms
1
Parkings

Published on Wednesday, September 30, 2026 ( See property details for 318/1 Ascot Vale Road, Flemington, Vic 3031)

$350,000 - $380,000

Tristan Tomasino Managing Director & Senior Auctioneer
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

Stylish one-bedroom apartment in Flemington offering contemporary living, exceptional amenities, and a prime city-fringe location.

🏡 Property Highlights

  • Impressive resident amenities including heated outdoor infinity pool with city views
  • Contemporary open-plan living with timber flooring and stone benchtops
  • Private oversized undercover balcony for relaxation and entertaining
  • Dedicated study nook with integrated desk, ideal for working from home
  • Prime inner-city location near Flemington Racecourse and Melbourne Showgrounds
  • Currently leased to Quest Serviced Apartments, offering an attractive investment opportunity

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Open-Plan Living
  • Balcony
  • Security Screens / Gates
  • Split-System Heating and Cooling
  • Garage / Secure Parking
  • Water tank
  • Gym
  • BBQ areas

Flemington is a vibrant inner-city suburb renowned for its rich history, lively community, and excellent connectivity. Key features include proximity to major transport links such as trams and train stations, a diverse array of cafes and restaurants, and iconic attractions like Flemington Racecourse and Melbourne Showgrounds. The area offers a blend of cultural events, green spaces, and modern amenities, making it ideal for both investors and residents seeking a dynamic lifestyle.

What are the main lifestyle benefits of living in this apartment?
This apartment offers a low-maintenance, contemporary lifestyle with access to premium resident amenities such as a heated infinity pool, gym, landscaped gardens, and private entertaining spaces, all within a vibrant inner-city location close to cafes, parks, and public transport.
Is the apartment suitable for working from home?
Yes, the property features a dedicated study nook with an integrated desk, providing a comfortable and functional space for remote work or study.
What are the key features of the apartment's outdoor space?
The apartment has a spacious undercover balcony that extends the living area, perfect for relaxing or entertaining guests in a private outdoor setting.
What amenities are available within the complex?
Residents have access to a heated outdoor infinity pool, fully equipped gym, landscaped gardens, BBQ areas, and private lounges, enhancing the living experience.
How is the property currently leased, and what does this mean for investors?
The property is currently leased to Quest Serviced Apartments, offering an attractive rental income stream and a solid investment opportunity.
Are there any additional strata or body corporate fees associated with the property? Are there any upcoming plans for development or construction in the surrounding area that could impact the property? What are the specific terms of the current lease with Quest Serviced Apartments? Are there any restrictions or easements on the property that could affect future renovations or use? Has the property been inspected for any structural issues or defects? What are the zoning regulations and permissible uses for this property? Is the property located in a flood or bushfire-prone area? Are there any ongoing or planned maintenance costs for the complex's amenities? What are the terms and conditions of the current lease agreement? Are there any noise or disturbance issues from nearby facilities or traffic?

318/1 Ascot Vale Road, Flemington, Vic 3031 - More Details

$350,000 - $380,000

Positioned in the heart of Flemington, this stylish one-bedroom apartment delivers contemporary, low-maintenance living complemented by an impressive suite of resident amenities and an exceptionally convenient inner-city location.

A spacious open-plan kitchen, dining and living zone forms the heart of the apartment, with timber flooring and a streamlined kitchen featuring stone benchtops, a generous island bench, stainless steel appliances and extensive cabinetry. Sliding glass doors extend the living space to an impressively sized undercover balcony, creating a private outdoor setting with plenty of room to relax or entertain.

The generous bedroom features built-in robes, while a separate study nook with an integrated desk provides a dedicated space for working from home. A well-appointed bathroom with European laundry, split-system heating and cooling, secure car space and storage cage complete the apartment.

Adding to the appeal is an outstanding collection of resident facilities, including a heated outdoor infinity pool with sweeping views across Melbourne, a fully equipped gym, landscaped garden and BBQ areas, along with resident lounges and private entertaining spaces.
Currently leased to Quest Serviced Apartments, the property presents an attractive investment opportunity today, while its location, layout and lifestyle credentials also offer plenty of appeal for future owner-occupiers.

The location places everyday convenience within easy reach, with city-bound trams along Racecourse Road, Newmarket Station and Newmarket Plaza all nearby. Cafés, restaurants and bars are within walking distance, while Flemington Racecourse and Melbourne Showgrounds are also moments from home.

Combining contemporary apartment living, impressive resident amenities and a highly connected city-fringe location, this is an appealing opportunity for investors and future owner-occupiers alike.
Type
Apartment
Bedrooms
1
Bathrooms
1
Parkings
1

Price guide

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in compliance with Estate Agents Act 1980

Map & nearby places — 318/1 Ascot Vale Road, Flemington, Vic 3031

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