FOR SALE
$360,000 - $388,000

16/402 Nepean Highway
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Location Location, Location – Walk to Beach in the Heart of Frankston!

This secure top floor, two-bedroom apartment with private balcony provides views of the BAY and Melbourne City Lights. A wonderful opportunity for those looking for a peaceful sea change, or investment opportunity.
Savour the crisp ocean breeze or take a short stroll where you'll experience the warm sand between your toes. So close to the beach, this delightful top floor, updated apartment provides a wonderful opportunity to forget all your worries while you enjoy a peaceful lifestyle.
With a superb location and private access backing onto Kananook Creek trail, and situated just moments to all essential amenities including cafes, restaurants, beach, transport, cinemas, Bayside Shopping Centre, Frankston Hospital, TAFE and Monash University.
The apartment has a communal pool and is graced with a car space for additional convenience. This top floor retreat will quickly grab your attention with an open plan living and meals area with private balcony. The adjoining kitchen has been renovated and has an updated bright and airy bathroom. Two spacious and light-filled bedrooms come complete with built in wardrobes and are privately placed on either side of the bathroom.
With its superb location, be quick to secure this excellent apartment with every amenity you could possibly want at your door-step!
Move in to enjoy yourself as an owner occupier or lease out for a potential rental income of approximately $1,906 PCM.
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Property Details for 16/402 Nepean Hwy, Frankston

16/402 Nepean Hwy, Frankston is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with OBrien Real Estate Frankston.

Building Type
Apartment

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About Frankston 3199

The size of Frankston is approximately 19.8 square kilometres. It has 72 parks covering nearly 21.2% of total area. The population of Frankston in 2011 was 35,009 people. By 2016 the population was 36,090 showing a population growth of 3.1% in the area during that time. The predominant age group in Frankston is 30-39 years. Households in Frankston are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Frankston work in a professional occupation. In 2011, 58.7% of the homes in Frankston were owner-occupied compared with 56.8% in 2016.

Frankston has 21,629 properties. Over the last 5 years, Houses in Frankston have seen a 34.06% increase in median value, while Units have seen a 31.39% increase. As at 31 July 2024:

  • The median value for Houses in Frankston is $735,415 while the median value for Units is $513,508.
  • Houses have a median rent of $540 while Units have a median rent of $450.
There are currently 137 properties listed for sale, and 58 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 920 properties were sold in the past 12 months in Frankston.

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