With so few homes in the entry level price bracket available in Ascot – you’d better be quick. This well maintained, three bedroom post war home on 405m² in a blue chip position won’t last long.

It simply screams ‘first home’ or ‘investment property’. And with such a sought after location, it will make an excellent investment whether as a dedicated rental property or a first home.

You can move in today with nothing to do, however this property’s real value lies not in what it is now, but what it could become. Immaculate, contemporary residences on 16 perches in this suburb sell for two to three times the price of this home – so you’d be mad not to consider exploring its development potential. You could well create the masterpiece that you never want to leave.

Featuring a low maintenance yard with pretty gardens and a fully fenced plunge pool, the property offers lifestyle benefits that take full advantage of the Queensland climate and its premium position.

Inside, polished timber floors, a freshly painted, crisp white interior, attractive track and down lighting, split system air conditioning and stainless steel ceiling fans make the house a comfortable place to call home. These features will also ensure it’s an easy property to rent, either in the short term or long term, should you wish to hold the property or develop further down the track.

The lounge room opens out through lovely timber doors to a semi- covered, private outdoor entertaining area paved in terracotta tiles and adjoining the pool.

Overlooking the pool, the kitchen is bright and cheerful , with fresh white tiled splash back, stainless steel dishwasher, black laminate bench tops and faux timber laminate cabinetry, plus a handy servery to the lounge area.

The home currently offers three bedrooms and a single large black and white bathroom, featuring a combined shower and spa bath, for added relaxation. However, the master bedroom adjoins a sleep out or office, which could easily be converted into an ensuite.

All rooms have ceiling fans and also feature attractive plaster cornicing and rich timber detailing. Secure car accommodation is available in the form of a one-car lock up garage.

Located only a few blocks from Ascot State School and literally one block from the lovely Oriel Park, with its great playground, this home would be an ideal place for families with young children.

It would equally suit an executive couple with its close proximity to the CBD and Brisbane airport, just 4km away in either direction.

If shopping or eating out is your thing, it’s just a short stroll down Lancaster Road to exclusive shopping and dining on Racecourse Road, and Portside Wharf is only a five minute drive away.

So what are you doing still reading this ad? Pick up the phone and inspect now – before the new owners beat you to it.