FOR SALE
$370,000 - $407,000 - OVER 55's

8/18 Reservoir Road
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Over 55's Unit in the Heart of Frankston Close to All Local Amenities.

Discover the tranquil charm of 8/18 Reservoir Road, Frankston-a haven for over 55's seeking serenity without compromising on convenience.
Nestled in a peaceful, leafy street between Peninsula Homemaker Centre and Jubilee Park, this beautifully presented unit offers the perfect blend of comfort and accessibility. Step inside to find a modern, open-plan kitchen and dining area, complete with gas cooking, stylish patterned splash back, and ample storage-a chef's delight!
Relax in the separate yet open living space, flowing seamlessly onto a tranquil decked courtyard surrounded by immaculate gardens-a serene spot for morning coffees or evening relaxation. The generously sized main bedroom features built-in robes and direct access to the courtyard, ensuring a peaceful retreat. A versatile second bedroom doubles as a cozy sitting room, ideal for guests or grandchildren.
Additional highlights include block-out blinds, laminate flooring, split-system heating and cooling, and a spacious central bathroom with integrated laundry facilities. Plus, enjoy the convenience of your own designated car space.
Located just minutes from Frankston's private and public hospitals, public transport options, and a variety of shopping destinations, this residence offers the ultimate in low-maintenance, comfortable living or a smart investment opportunity.
Don't miss your chance to secure a slice of tranquil living in this sought-after Frankston locale. Arrange your inspection today and experience the appeal of 8/18 Reservoir Road firsthand!
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Property Details for 8/18 Reservoir Rd, Frankston

8/18 Reservoir Rd, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with OBrien Real Estate Frankston.

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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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Oliver Muehlke
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OBrien Real Estate Frankston
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