RH Property have just SOLD this superb offering for the first time in over 30 years!Unit 3, 127 Grandstand Road is currently occupied by the Commonwealth Government and has the following salient features:* Warehouse of 449.6 m2 with a truss height of approximately 5.6 metres;* Quality Offices of 168.5 m2 with separate male & female toilets and shower;* Automatic roller door with 4.8 metre clearance (approx)* 5 exclusive use car bays* Vacant possession available 1 March 2026* Current passing rent of $85,320.99p.a. which is considered below market levels* Lessee has requested extended tenure beyond lease expiryOffered for sale by offers to purchase - to be sold as a going concern if transacted and settled prior to lease expiry on 28 February 2026.2025/2026 Water Rates $2,260 per annum2025/2026 Council Rates $6,534.04 per annum2025/2026 Strata Levies $2,175.00 + GST per quarter2024/2025 Land Tax $737.10 per annum****Inspections strictly by appointment only****For further details, or to arrange an inspection, please contact either:Graeme Hopkins - 0419 928 888; orClive Norman - 0403 804 119RH Property - (08) 9364 5199
The size of Ascot is approximately 3.6 square kilometres. There are 12 parks, covering nearly 44.2% of the total area. The population of Ascot in 2016 was 2572 people. By 2021 the population was 3095 showing a population growth of 20.3% in the area during that time. The predominant age group in Ascot is 50-59 years. Households in Ascot are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ascot work in a professional occupation.In 2021, 66.90% of the homes in Ascot were owner-occupied compared with 70.00% in 2016.
Ascot has 1,800 properties. Over the last 5 years, Houses in Ascot have seen a 78.30% increase in median value, while Units have seen a 93.42% increase. As at 31 July 2026:
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