2/7 Petrie St, Frankston is a 2 bedroom, 1 bathroom Unit and was built in 1969. The property has a land size of 984m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Encouraging an effortless and convenient lifestyle, this updated apartment's graceful positioning provides an exciting opportunity to establish a foothold within this blue-chip central pocket of Frankston.
Set on the lower level of a double-storey complex, the apartment welcomes you inside to a largely open-plan space, overseen from a chic kitchen updated with a gas cooker. Two robed bedrooms are set to one side, both closely serviced by a stylish central bathroom/laundry and a separate toilet.
Finished with split system heating and cooling and a covered car space, this fantastic investment opportunity sits in the FHSZ, metres away from Beach Street shopping, Chisholm TAFE, Frankston Station and CBD, Frankston Beach and quick freeway access.
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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