For Sale

1-8/76 Lamington Avenue, Ascot, Qld 4007

EOI Closing 5pm Thurs 6th August 2026

Block Of Units

Type

Bedrooms

Bathrooms

Parkings

852 m²

Area

Published on Wednesday, July 15, 2026 ( See property details for 1-8/76 Lamington Avenue, Ascot, Qld 4007)

EOI Closing 5pm Thurs 6th August 2026

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A highly desirable, fully tenanted strata complex in Ascot offering strong income and redevelopment potential in a premier Brisbane suburb.

🏡 Property Highlights

Fully tenanted, strata-titled complex with immediate income
Prime Ascot location only 7.5km from Brisbane CBD
Consists of 8 modern two-bedroom units with private balconies
Strong annual return of approximately $220,740
Potential for landbanking or future redevelopment
Excellent walkability with nearby public transport and amenities

✨ Key Features

Security Screens / Gates
Ceiling Fans
Built-in Robes
Outdoor Area
Open-Plan Living
Garage / Secure Parking
Waterfront / Views
Pet-Friendly
Fully fenced
Water tank

Suburb and Property Insights of Ascot, QLD 4007

Ascot is a prestigious Brisbane suburb renowned for its exclusive avenues, high-end residences, and strong rental demand. It offers excellent walkability with nearby public transport, shopping precincts, and recreational facilities. The area boasts easy access to Brisbane CBD and Brisbane Airport, making it ideal for investors seeking long-term growth. Surrounded by parks, racecourses, and vibrant dining options, Ascot combines lifestyle appeal with solid investment fundamentals. Its reputation as a blue-chip suburb ensures enduring desirability and capital appreciation.

Frequently Asked Questions

What is the current rental income and vacancy rate for the complex?

The complex is fully tenanted, generating approximately $220,740 per annum, indicating a high occupancy rate.

Are there any upcoming redevelopment or zoning changes in Ascot?

Potential redevelopment opportunities exist, but it is recommended to consult local council for current zoning and future planning policies.

What are the ongoing strata fees and maintenance costs?

Strata fees are not specified in the listing; prospective buyers should request detailed strata reports for exact costs.

Are there any restrictions or covenants affecting the property?

As a strata-titled complex, the property is subject to strata bylaws and community rules, which should be reviewed prior to purchase.

What is the condition of the units and building infrastructure?

The units are described as modern and well-maintained, with features like ceiling fans and security screens, but a building inspection is recommended for detailed condition assessment.

What to ask about this property to agent?

Are there any hidden costs or upcoming special levies associated with the strata complex? Has the property been affected by any flooding, bushfire risks, or environmental hazards? Are there any planning or zoning restrictions that could limit future redevelopment? Is there any history of structural defects or maintenance issues within the complex? Are there any ongoing disputes or legal issues within the strata community? What are the long-term plans for surrounding infrastructure or development that could impact the property? Are there any restrictions on pet ownership or other lifestyle limitations? Is the property compliant with all local building codes and regulations? What are the details regarding the property's title and any easements or covenants? Are there any upcoming changes to public transport or road access that could affect the property’s value?

1-8/76 Lamington Avenue, Ascot, Qld 4007 - More Details

EOI Closing 5pm Thurs 6th August 2026

Expressions of Interest Campaign
Closing 5pm Thursday 6th August
(if not sold prior)

A blue-chip investment in Ascot's exclusive avenues, this fully tenanted, strata-titled complex presents an outstanding opportunity to secure immediate income and long-term growth in one of Brisbane's most esteemed suburbs. Comprising 8 (Strata titled) x 2-bedroom units on an 852sqm North-South parcel, the property delivers strong holding income today while offering exciting scope to landbank or explore future redevelopment potential.

Returning circa $220,740 per annum, the complex features 8 strata titled apartments, each comprising open living and dining areas, a functional kitchen, private balcony or terrace, 2 bedrooms with built-in robes, a combined bathroom/laundry and a secure car space. With consistent tenant appeal in a tightly held location, this is a rare offering with enduring upside.

The prospect is further enhanced by a prime position only 7.5km from the CBD and 11 minutes from Brisbane Airport. Renowned for its exceptional walkability and lifestyle appeal, the property is within 130m of bus stops and Doomben train station, 1km from the shopping, dining and Woolworths at Racecourse Village, and minutes from the vibrant Racecourse Road and Portside Wharf precincts.

Parks, the Riverwalk, Northshore, Eagle Farm and Doomben Racecourse are all close at hand, while childcare, local schools and leading private colleges are within easy reach. With effortless access to Kingsford Smith Drive and the Gateway Motorway, this is a premium investment opportunity in one of Brisbane's most sought-after blue-chip suburbs.

Property features include:

- Blue-chip investment opportunity in Ascot's exclusive avenues
- 8-unit strata-titled complex on an 852sqm north-south parcel
- Fully tenanted and generating circa $220,740 per annum returns
- Each unit includes living, dining, kitchen and a balcony/terrace
- 2 bedrooms with BIRs, 1 bathroom/laundry, 1 secure car space
- Ceiling fans inside and security-screened doors
- 2x visitor car spaces within the complex
- Walk to buses, trains and Racecourse Village shopping and dining
- 7.5km to the CBD and 11 minutes to Brisbane Airport

Disclaimer
"Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property. If this property is being sold by auction or without a price, a price guide cannot be provided. The website may have filtered the property into a price bracket for functionality purposes"

Type: Block Of Units
Bedrooms: 16
Bathrooms: 8
Parkings: 10
Area: 852 m²
House Size: 685 m²

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1-8/76 Lamington Avenue, Ascot, Qld 4007

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