605/1 Ascot Vale Road, Flemington VIC 3031

Sixth-floor city views | resort-style building | strong rental yield | prime inner-city location This unit presents a competitively rare offering within its market, combining a sought-after, higher-floor aspect with sweeping city outlooks and a well-regarded building complex. The extra-large, sun-filled layout and reliable fibre connectivity serve a buyer seeking a low-maintenance inner-city lifestyle with strong rental appeal, likely attracting both owner-occupiers and investors. Its position above typical apartment heights and lack of overlays provide a secure foundation in a convenient location. Proceed with the understanding that strata title ownership inherently shares control and cost, requiring diligent review of the strata report for financial and operational risks. The established rental demand, evidenced by recent listings and a yield potential near 7%, offers clear commercial logic for an investor. For an owner-occupier, it delivers a premium lifestyle asset. This is a hold property; its configuration and views will sustain demand, making it suitable for long-term capital holding or as a high-yielding rental. Recent comparable sales at 1 Ascot Vale Road provide direct market benchmarks: – 1307/1 Ascot Vale Road (0.9km): Sale price indicates sustained value for similar configurations. – 118/1 Ascot Vale Road (1.1km): Reinforces the price point for well-positioned units in the complex. – 715/1 Ascot Vale Road: Further validates the building’s market acceptance. These transactions confirm the asking range is anchored in recent market activity, lending credibility to the valuation.