FOR SALE
$210,000 - $230,000

16/435 Nepean Highway
Frankston VIC 3199

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Quest Leased Apartment

This stylish studio apartment offers an exceptional investment opportunity in the heart of Frankston CBD. Currently leased to Quest with a five-year lease agreement, it guarantees a steady income stream for investors.
Strategically located steps away from a vibrant array of restaurants, bistros, major shopping centers, cinemas, and the beautiful Frankston Beach, this property is in a prime location. The complex itself provides a range of amenities, including a 24/7 gym, a communal terrace with a bay view, laundry facilities, conference rooms, and onsite dining options. Additionally, you'll have numerous dining choices at your doorstep, with Sophia's and Waves right on the beachfront.
The apartment's sleek and versatile design features an open-concept layout that accommodates various living styles. The bedroom and living space are impeccably designed and open up to a private balcony, perfect for soaking up the sun or enjoying a glass of red wine. The modern bathroom and executive kitchen, complete with stone countertops and a cooktop, make meal preparation quick and hassle-free.
This property is not only a premium investment opportunity but also offers a hassle-free management experience. Located in a sought-after complex just a 5-minute walk from the beach and the railway station, it presents a lucrative addition to any investment portfolio.
Disclaimer: The photos provided may not be an exact representation of the apartment.
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Property Details for 16/435 Nepean Hwy, Frankston

16/435 Nepean Hwy, Frankston is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with OBrien Real Estate Frankston.

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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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