512/435 Nepean HighwayFrankston VIC 3199
Property Details for 512/435 Nepean Hwy, Frankston
512/435 Nepean Hwy, Frankston is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Apartment sold in Frankston in the last 12 months.
Last Listing description (November 2024)
A golden opportunity awaits the astute investor to secure this luxury bayside apartment. Apartment 512 combines elegant contemporary design, convenience and a relaxed costal vibe.
Sale Terms:
Settlement: 30,45 or 60 days
- The apartment is currently leased out for $21,320 p.a ($410 p/w) - 10% Yield
Outgoings:
- Frankston City Council $1200 p.a
- Southeast Water: $800 p.a
- Owners Corp: $4388 p.a
Gross Rental Yield: 10.69%
Net Rental Yield: 7.5%
In addition to the beach front location, this fully furnished one bedroom apartment comes with a built in wardrobe, Danish inspired furniture package, fully equipped kitchenette, Wi-Fi access already installed, wall mounted plasma screen TV, split cycle heating and cooling and much more!
Peninsula on the Bay also provides tenants access to an array of on-site services and facilities including a café and restaurant, professional business centre with boardrooms and meeting rooms for hire, gymnasium, beauty salon, launderette and secure car parks.
Located right in the heart of the rapidly growing and popular suburb of Frankston and just a short stroll from a variety of cafes and restaurants, galleries, entertainment and shopping precincts; Peninsula on the Bay is the ideal addition to your investment portfolio.
Property History for 512/435 Nepean Hwy, Frankston, VIC 3199
- 04 Nov 2024Sold for $185,000
- 15 Oct 2024Listed for Sale $180k-$198k - Owner Occupy or Rent Out
- 14 Jul 2023Listed for Rent $360 / week
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
/assets/perm/krx6xfqgomi63c4wvmmfctszti?signature=01e8be3e81964ef6fe6631c85bf7586fcf5d987913eae164e645e9988299b1f4){kind=logo}
0/assets/perm/y3aelmasaei63hl3hhthelckde?signature=ae7e7f78870027aaf20bc23b940c4cf8af386b44074ce3814d751b67cba07cc3){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
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 21,625 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:
- The median value for Houses in Frankston is $722,720 while the median value for Units is $505,673.
- Houses have a median rent of $550 while Units have a median rent of $453.
Suburb Insights for Frankston 3199
Market Insights
Frankston Trends for Houses
N/A
N/A
View TrendN/A
N/A
Frankston Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
