30/14 Sandpiper Pl, Frankston is a 1 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 30m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in Frankston in the last 12 months.
10% Rental Return, Real Cash Cow !!!
Are you unhappy of 3% low term deposit from Bank?
Are you tired of looking for new tenant frequently?
$119K price less than a car, but got massive 10% return, your own ATM.
Done, all yours, secured rental income $11,440 per annum, stable tenant who lived there for over 4 years is very tidy and clean, fully renovated student accommodation internal size approx 30 sqm, including:
Fully furnished as photos show
Renovated Kitchenette
Air-conditioning
Kitchen ventilator
Freshly painted
Built in Robes
Large bathroom
Quiet private courtyard off room
Communal Laundry
Off Street Parking
Large Common Areas
All annual outgoings approx: body corporate $3,618, council rate $485, water rate $667. Vacant possession is available in 60 days.
Located within a short distance to Karingal Hub Shopping Centre and Bayside Shopping Centre, close to local schools, shops, Ballam Park & public transport only a minute walk at the end of the street. Close to Peninsula Link, Frankston Beach only 20 min from Mornington Peninsula or 45 min to Melbourne CBD.
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 21,617 properties. Over the last 5 years, Houses in Frankston have seen a 25.61% increase in median value, while Units have seen a 22.65% increase. As at 31 October 2024:
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