118/1 Ascot Vale Road, Flemington

Subscribe to regular market updates. Investment opportunity with Quest lease in place Secure Returns in Premium Flemington Position Perfectly positioned on Ascot Vale Road, this investment-ready apartment delivers immediate returns with an established Quest lease in place. Offering hands-off ownership and consistent rental income, this opportunity appeals to astute investors seeking quality stock in Flemington's tightly held apartment market. The Quest lease provides professional management and guaranteed income, removing the complexities of traditional tenancy while delivering reliable cash flow. With serviced apartment demand remaining strong across Melbourne's inner suburbs, this asset offers both security and growth potential in a location that continues to attract corporate and leisure travellers. Flemington's position just 4km from Melbourne's CBD ensures sustained demand, with excellent connectivity via Flemington Bridge Station, citybound tram routes, and major arterials. The Racecourse precinct, Flemington shopping village, and Maribyrnong River trails sit moments away, underpinning the area's enduring appeal. The apartment itself delivers functional layout and quality finishes suited to the serviced apartment market. Low-maintenance ownership combined with professional Quest management ensures this investment performs from day one, allowing you to focus on portfolio growth rather than property administration. For investors seeking secure income, established management, and a premium inner-city location, 118/1 Ascot Vale Road presents a rare opportunity to acquire a turnkey asset with proven returns. Investment Highlights * Established Quest lease delivering immediate returns * Professional management removing landlord responsibilities * Premium Flemington location 4km from Melbourne CBD * Strong serviced apartment demand in inner suburbs * Flemington Bridge Station and tram connectivity * Low-maintenance investment suited to portfolio builders Wed 8 Apr.12:00pm - 12:30pm Kensington Community High School Kensington Primary School Mccracken Street Kensington 103 Wellington Street Flemington Mount Alexander College 167-175 Mt Alexander Road Flemington 37 Gower Street Kensington Debney Meadows Primary School Victoria St Flemington Ascot Vale West Primary School Langs Rd Ascot Vale 50 Flemington Street Flemington Ascot Vale Primary School Bank Street Ascot Vale Ascot Vale Special School 1 Tasma Street Ascot Vale Flemington Primary School Mt Alexander Road Flemington 74 Roseberry Street Ascot Vale 31 Curran Street Melbourne North 2 Wingfield Street Footscray Moonee Ponds West Primary School 150 Athol Street Moonee Ponds 8-14 Brougham Street Melbourne North Footscray North Primary School Rosamond Road Footscray Footscray City College Kinnear Street Footscray Footscray City Primary School Hyde Street Footscray Brunswick South West Primary School South Daly Street Brunswick West Gilmore College For Girls 298 Barkly Street Footscray Moonee Ponds Central School Wilson Street Moonee Ponds North Melbourne Primary School 210 Errol Street North Melbourne St Monica's Primary School 20 Robinson Street Moonee Ponds Maribyrnong Secondary College River Street Maribyrnong Lowther Hall Anglican Grammar School 17 Leslie Road Essendon St Columba's College Ltd 2 Leslie Road Essendon The University High School 77 Story Street Parkville 185 Hope Street Brunswick West Rosamond Special School 15 Rosamond Road Maidstone