FOR SALE
$200,000

Nepean Highway
Frankston VIC 3199

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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The Perfect Investment in Central Location

For savvy investors this 1 bedroom, 1-bathroom serviced apartment positioned on the 2nd floor, this fully furnished home represents a great opportunity to capitalize on Frankston's thriving rental market. With a secure lease and attractive rental income, it promises both immediate returns and long-term growth potential.
With a lease managed by Quest, residents can relish the convenience and peace of mind offered by professional management. From housekeeping services to on-site amenities, every detail is meticulously handled to ensure a seamless and enjoyable living experience for it's guests.
The property boats a spacious terrace, stylish kitchenette, comfortable living and modern bathroom. The Quest building also offers it's residents a large communal entertainer's terrace with foreshore and ocean views, as well as a large variety of pubs, restaurant's, public transport and Frankston's Award winning beaches right at your doorstep.
Potential investors are advised to consult with their legal, financial, and other advisors before investing to determine if this type of investment aligns with their specific needs.
Enquire today for more information!
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Property Details for 210/435 Nepean Hwy, Frankston

210/435 Nepean Hwy, Frankston is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Eview Group - Eview Group.

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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Cameron Mccullough
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Eview Group - Eview Group
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