Quick Facts:
2 Bedroom Apartment From – $480,000
Expected Rental Return – $440 – $460 approx. per week
Body Corp From – $1400 approx. per annum
Stamp Duty From – $4400 approximately
Expected Start Date – Currently under construction
Expected Completion – January 2014
Once the site of the stables belonging to prominent racing identity Lloyd Williams, this hallowed ground has been home to champions of the turf such as Testrarossa, Selbourne and Melbourne Cup winner Efficient. These eight cutting edge, architecturally designed abodes have truly been bred to win.
Ranging up to 118m2 internally, these larger than average apartments have been designed with successful open-plan living in mind. “The Stables”consists of eight two-bedroom apartments, each offering two bathrooms, a gourmet kitchen with generous living areas opening up to your private courtyard or balcony where you can take in the aroma of the freshly cut grass on Flemington Racecourse.
Offering spectacular views over Flemington Racecourse and the Showgrounds, The Stables puts you in a winning position just 5kms from the Melbourne CBD. You’ll also find cosmopolitan Union Road just a short walk away, as well as supermarkets, a range of local schools and the Ascot Vale Leisure Centre.
Meanwhile, the nearby Maribyrnong River presents riverside parks, trails and boating options to enjoy. You’re also well serviced by public transport with the Epsom Road tram, Ascot Vale Station and various bus services all within easy reach, meaning you’ll be way out in front no matter where you’re heading.