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
This property at 35/308-318 Great Eastern Highway, Ascot is a two bedroom, two bathroom unit listed for sale by Steven Webster at Bourkes.
For more information about Ascot, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Ascot profile page.
If you would like to get in touch with Steven Webster regarding 35/308-318 Great Eastern Highway, Ascot, please call 0413 310 330 or contact the agent via email.
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.
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.