247 Lancaster RoadAscot QLD 4007
Property Details for 247 Lancaster Rd, Ascot
Last Listing description (May 2026)
Phone enquiries - please quote property ID 36888.
Positioned in one of Brisbanes most prestigious suburbs, this charming timber character home on a level 405m block presents an outstanding opportunity for renovators, builders, or anyone looking to create their dream home in a premium lifestyle location.
With council approval already granted to demolish or remove the existing dwelling, buyers are free to either restore the original residence or start fresh with a custom new build (STCA). With no development application currently lodged, this blank canvas offers ultimate design freedom and flexibility.
- Level 405m block in tightly held, blue-chip Ascot
- Council-approved for demolition or removal of the existing dwelling
- No DA lodged customise your dream build from scratch (STCA)
- Retains original character features including timber floorboards, VJ walls and ceiling roses
- Stroll to vibrant Racecourse Road cafes, shops and restaurants
- Moments to Ascot and Doomben train stations
- Close to Eagle Farm and Doomben Racecourses
- Zoned for Hamilton State School and near St Ritas and St Margarets
- Easy access to bus stops, CityCat and riverside parklands
- Zoning - Low density medium (Index 1 - 2 townhouses mixed use 3 levels)
This is a truly rare opportunity to secure an exceptional piece of real estate in a tightly held pocket of Ascot. Whether you choose to renovate, rebuild or develop, the lifestyle and investment upside here are undeniable.
DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.
Property History for 247 Lancaster Rd, Ascot, QLD 4007
- 23 Apr 2025Listed for Sale Not Disclosed
- 13 Aug 2018Listed for Sale Not Disclosed
- 19 Feb 2012Listed for Sale BY NEGOTIATION
Recent sales nearby
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About Ascot 4007
The size of Ascot is approximately 2.8 square kilometres. There are 7 parks, covering nearly 34.1% of the total area. The population of Ascot in 2016 was 5777 people. By 2021 the population was 6531 showing a population growth of 13.0% in the area during that time. The predominant age group in Ascot is 30-39 years. Households in Ascot are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ascot work in a professional occupation.In 2021, 56.10% of the homes in Ascot were owner-occupied compared with 54.70% in 2016.
Ascot has 3,701 properties. Over the last 5 years, Houses in Ascot have seen a 50.65% increase in median value, while Units have seen a 119.15% increase. As at 31 May 2026:
- The median value for Houses in Ascot is $2,855,409 while the median value for Units is $1,014,056.
- Houses have a median rent of $1,295 while Units have a median rent of $670.
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