18/325 Nepean Hwy, Frankston is a 1 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 35m2 and floor size of 31m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Within an established apartment complex with secure gated entry, this vacant studio apartment is available as an investment opportunity in central Frankston.
Just about ready to go as is, a couple of updates would provide a neat accommodation option with some unique features, including an art deco ceiling embellishment, mirrored wall panels, and high arched windows giving the spacious main room plenty of light and a treed outlook.
In addition, the apartment has a kitchenette with electric cooktop and a bathroom with shower, vanity and toilet. In the communal area outside, there's a covered walkway to and from the front gate, with planting through the central section.
Positioned just 350m to the beach, and a short walk to Bayside Shopping Centre and train station, this is a great location with cafes, bus stops, walking trails and other amenities nearby.
https://www.obrienrealestate.com.au/office/obrien-real-estate-frankston/22161
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 21,643 properties. Over the last 5 years, Houses in Frankston have seen a 29.61% increase in median value, while Units have seen a 29.26% increase. As at 31 August 2024:
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