5/84 Charlton Street, Ascot QLD 4007

Small complex | prime Ascot pocket | two-bed lock-up | owner-occupied feel | FTTP connected This property sits in a tightly held seven-unit block in an established Ascot location, where 70% owner-occupancy signals a stable, low-turnover building—rare for a 1970s apartment. The built-in robes, secure parking, and balcony are expected for the era, but the intercom and air conditioning add practical liveability. For a buyer seeking a solid two-bedroom unit in a sought-after school catchment without strata surprises, this offers a cleaner hold than many newer builds nearby. It best suits a downsizer or investor prioritising location and building quality over modern finishes. The 2021 transfer price provides a clear entry benchmark, but the conflicting land size data (90m² vs 217m²) demands verification—this affects both resale comparability and bank valuation. The 1972 build means no heritage overlay but older fittings and potential body corporate maintenance levies. The 30% rental mix is moderate, not concerning, but the lack of recent sales in the building limits pricing evidence. The opportunity lies in negotiating from the 2021 base, especially if the vendor is motivated after a short marketing period. Hold this property for steady capital growth driven by Ascot’s school demand and low supply of similar units, not for rapid flipping.