145/325 Nepean HighwayFrankston VIC 3199
Property Details for 145/325 Nepean Hwy, Frankston
145/325 Nepean Hwy, Frankston is a 1 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 33m2 and floor size of 31m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (March 2024)
Perfectly positioned in an ultra quiet location, this spacious 1st floor apartment is in a secure gated complex. This brick and concrete dwelling is extremely solid and very structural sound!
Fitted with a kitchenette and a bathroom with shower, vanity and toilet the property is conveniently located within 250m to the beach, 650m to Frankston CBD, approximately 1.1kms to the Train Station, local restaurants and more.
This is brilliant investment that you don't want to miss and currently rented for $804 per month but the 'market rent' is about $870 per month.
The current tenant moved in August 2020 and is on a month to month lease.
*Please note, this NOT student accommodation, nor does the complex have restrictions on age of the residence that occupy the apartments*
For more information, please make an email enquiry from this web site and you will automatically get back a copy of the contract and section 32 plus body corporate information etc. .
Property History for 145/325 Nepean Hwy, Frankston, VIC 3199
- 07 Sep 2023Sold for $85,000
- 21 Aug 2023Listed for Sale $85,000
- 15 Jun 2023Listed for Sale Not Disclosed
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0About 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 21,642 properties. Over the last 5 years, Houses in Frankston have seen a 28.22% increase in median value, while Units have seen a 25.38% increase. As at 30 September 2024:
- The median value for Houses in Frankston is $723,155 while the median value for Units is $511,678.
- Houses have a median rent of $550 while Units have a median rent of $450.
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