Sold
35/308-318 Great Eastern Highway, Ascot WA 6104
Listed price: SUITS BUYERS IN THE $400,000's
Sold: 17 Jul 2026
Sold
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2 Bedrooms
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2 Bathrooms
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1 Car
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Landsize 114m2
Unit
View
HIGH - YIELD DUAL INVESTMENT | UP TO 8.5% NET RETURN - PERFECT FOR SMFS
Secure a high-performing asset in the heart of Ascot. This 2008-built dual-key serviced apartment offers a rare combination of stability and massive cash flow.
The Numbers: Gross Return (2024/25): $45,342
Net Yield: Up to 8.5%
Occupancy: Consistently high, driven by premium location and branding.
Currently leased until 2035 - rent paid on the 6th each month
The Property consists of two fully self-contained units on a single title: a modern studio and a spacious One-Bedroom Apartment featuring a private balcony overlooking the pool. Both are professionally managed by a leading national hotel group, offering a truly "set and forget" investment.
Facilities: 25m lap pool, BBQ area, business centre, and secure intercom/gated entry.
Location: Prime Ascot position near Perth CBD, Swan River, and the Racecourse. Ideally situated for airport transit (Domestic & International).
Viewing by Appointment Only.
Call Steven Webster for more information
Property features
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Garages
1
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Floor area
83m2
Property snapshot by reiwa.com
This property at 35/308-318 Great Eastern Highway, Ascot is a two bedroom, two bathroom unit sold by Steven Webster at Bourkes on 17 Jul 2026.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Ascot or see other recently sold properties in Ascot.
Nearby schools
Ascot overview
Ascot is an inner-city suburb of Perth that has undergone substantial redevelopment in recent years. It is well known for its recreational facilities and has an industrial sector along the Great Eastern Highway. Ascot's total land area spans four square kilometres.
Life in Ascot
Arguably the most notable feature of the suburb is the Ascot Racecourse, a major horse racing track, which never fails to draw a crowd. There are plenty of parks in the suburb, like Adachi Park, Garvey Park and Hardey Park, which provide terrific outdoor locations to explore and play. The Swan River is an alluring fixture of Ascot, bounding it to the north and west.
Ascot quick stats
High end
$1.7m
Median
$1.4m
Low end
$960k
32.3 %
Annual growth
$1.4m
Annual median sales price
$957pw
Annual median rental price
