A grand Ascot residence dating to about 1906 is entering a new chapter after being held by the same family since 1968.
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Known as “Reedy,” the property at 149 Lancaster Road occupies 1,640sqm across four lots, with a 34.3m frontage, and a swimming pool. It is currently being marketed by Ray White Ascot, with best offers due by Tuesday, September 8.
A home where heritage remains on display
The property traces its origins to the Nyrambla Estate following its subdivision in 1905. Inside, a number of heritage features have been retained, including stained glass, chandeliers, brass fittings, sash windows, breezeways, and balustrades. Polished timber floors sit beneath restored pressed-metal ceilings reaching up to four metres.
Original fireplaces feature in the formal lounge, living and dining rooms, while the enclosed verandah includes a bar and sitting area. A rear sitting room opens to a balcony, with patios extending towards the lawns and swimming pool.
The upper level includes a kitchen, while a refrigerated cellar is located downstairs. There are six bedrooms and four bathrooms, along with a private office, study, two laundries and three multipurpose rooms downstairs. A utility room and storage room are also included.
Old character alongside a newer addition
The newly completed three-car garage was designed by Vokes & Peters, adding a contemporary architectural element to the property. The property listing also includes electric gate access, secure driveway parking, an external lift, an 8.715kW solar system, water tanks and ducted reverse-cycle air-conditioning with app control.
According to the property listing, an Architectural Masterplan by Stuart Vokes of Vokes & Peters explores potential future expansion of the property. Any such changes would be subject to the necessary approvals.
The estate occupies four lots and has a 34.3m frontage, while the listing places the property close to Oriel Park, public transport and childcare. Racecourse Road, Ascot State School, private colleges and Brisbane’s CBD are also identified as nearby destinations. The real estate listing also said the block could accommodate a tennis court, providing another potential use for the grounds.
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After almost six decades under the same family’s ownership, the c.1906 property is now being offered to a new owner. Its next chapter will begin at 149 Lancaster Road, where heritage details from an early 20th-century Ascot home remain alongside more recent additions.
Published 2-September-2026
