259 Lancaster Road, Ascot, QLD 4007 | Property Value & History | OnTheHouse
OFF MARKET

259 Lancaster Road
Ascot QLD 4007

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Floor area: 248m2
Land area: 733m2
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Property Details for 259 Lancaster Rd, Ascot

259 Lancaster Rd, Ascot is a 5 bedroom, 3 bathroom House with 4 parking spaces and was built in 1920. The property has a land size of 733m2 and floor size of 248m2. While the property is not currently for sale or for rent, it was last sold in August 2017.

Building Type
House
Year Built
1920
Floor Size
248m2
Land Size
733m2
Local Government
Brisbane
Lot/Plan
72/RP47370

Last Listing description (November 2017)

As you enter the property known as ?Cheshunt House? from the Grand entrance, you will notice all this stately home has to offer.
The property is currently set up as a 5 bedroom, 3 bathroom plus powder-room share-house. All 5 bedrooms are rented between $170-$260 per-week, per-room.
A long central hall with polished floors passes to each room. The property has a large living room with the original cast-iron and tile fireplace set in a marble mantelpiece. At the end of the hallway is a large kitchen and dining room with a wood-fired, cast-iron stove. The kitchen has French doors and a serving window opening to the veranda over-looking the back-yard.

The master bedroom offers an ensuite as well as access via French doors to the back veranda.
The other 4 bedrooms are all of good size (1 very large) and have French doors that open onto enclosed verandas to access the multiple toilets as well as the 2 family size bathrooms.
Features include;
Upstairs
Master bedroom with ensuite and built-in cupboards
Four carpeted bedrooms
Two bathrooms
Two separate toilet's and a powder-room
Large family living room
Entertainers kitchen with ample storage
Front and back verandas
Enclosed side verandas
Office at the front of the house with private access
High ceilings throughout with original ornate features
Marble Fireplace
Cast-iron Oven
Polished timber floors
Downstairs
Four covered carparks
Two car tandem garage with sliding door
Large storage room and storage cage
Two toilets
Bay of showers
Bar
Original copper-boiler
Laundry
Two street access off Lancaster Rd and Napier St
Two large rain water tanks with pump to the front and back
Fully fenced 733m2 allotment
The property has recently undergone some renovations including the kitchen, all bathrooms and replacement of the roof as well as internal and external painting.
The 1900-built house was once a 15 room rabbit warren private hotel (Ascot Hotel) with guests expected to get to their room through another Patrons room. When the property was bought by the next owners it was converted into a Bed and Breakfast and has since been transformed again into a share accommodation house.
The next owner has a number of options as they could continue to let it as share accommodation earning a good rental return, move in immediately as the house is ready for the next family to love and enjoy it or raise the building that little bit more and utilise the sheer amount of space under the house that it has to offer.
For all enquiries or a private inspection please don?t hesitate to contact Tim, Matthew or Lewis

Property History for 259 Lancaster Rd, Ascot, QLD 4007

A timeline of how this property has performed in the market
Last Sold
$1,270,000
22 Aug 2017
Listed for Rent
$260/w
03 Mar 2017
  • 22 Aug 2017
    Sold for $1,270,000
  • 19 Jun 2017
    Listed for Sale $1,350,000
  • 03 Mar 2017
    Listed for Rent $260 / week
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About Ascot 4007

The size of Ascot is approximately 2.8 square kilometres. It has 7 parks covering nearly 34.1% of 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 3,696 properties. Over the last 5 years, Houses in Ascot have seen a 75.68% increase in median value, while Units have seen a 116.98% increase. As at 31 December 2025:

  • The median value for Houses in Ascot is $2,824,582 while the median value for Units is $950,181.
  • Houses have a median rent of $823 while Units have a median rent of $630.
There are currently 11 properties listed for sale, and 6 properties listed for rent in Ascot on OnTheHouse. According to Cotality's data, 178 properties were sold in the past 12 months in Ascot.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.