218/1 Ascot Vale Road

Discover effortless investing with this beautifully maintained studio apartment, ideally positioned within the sought-after Quest Flemington Central complex. Professionally managed by the trusted Quest Hotel Group, this property presents an attractive opportunity for investors seeking reliable rental income and a low-maintenance investment. With a current rental income of $2,648 per month, this is an appealing addition to any investment portfolio, offering an annual rental income of approximately $31,776 and an investment return of over 7%, subject to the purchase price.

Key Features Strong Rental Income: Approximately $2,648 per month, equivalent to $31,776 per annum. Professional Management: Managed by Quest Hotels, offering a convenient, hands-off investment experience. Modern Studio Apartment: Well-maintained interiors with quality furnishings and finishes. Resort-Style Facilities: Enjoy access to a rooftop swimming pool, gym and shared entertaining spaces. Prime Flemington Location: Conveniently located near Flemington Racecourse, public transport, local cafes and Melbourne’s CBD. Why Invest Here?

Whether you are expanding your existing portfolio or looking for an accessible entry into the Melbourne property market, this serviced apartment offers an attractive combination of professional management and established rental income. With Quest Hotels managing the property, investors can enjoy a more streamlined ownership experience without the usual day-to-day responsibilities associated with traditional residential leasing.

Key Investment Details Monthly Rental Income: Approximately $2,648 Annual Rental Income: Approximately $31,776 Investment Return: Over 7%, subject to the purchase price Management: Quest Flemington Central / Quest Hotel Group Property Type: Serviced studio apartment Occupancy: Investment only; not suitable for owner-occupation An Excellent Location Situated approximately 4 km from Melbourne’s CBD, Quest Flemington Central offers convenient access to tram and train services, shopping, cafes and the area’s vibrant lifestyle attractions.

Its proximity to Flemington Racecourse and the city makes it an appealing option for investors seeking a well-located, professionally managed property. Photo ID required at all open for inspections. Disclaimer: We have, in preparing this document, used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document.

Purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist