11/17-19 Hill Street
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About this property
It's Addressed: Perfectly positioned in a quiet and well-maintained over 55s community, this neat and comfortable two-bedroom unit presents an outstanding opportunity for investors seeking a secure, low-maintenance property in a highly convenient Frankston location. The home offers a functional and light filled layout, featuring a welcoming living and dining area, a well appointed kitchen with ample storage, and two generous bedrooms and the main has built in robes. A central bathroom and laundry, and easy care surrounds further enhance the home, while the peaceful setting provides a relaxed lifestyle with minimal upkeep. Comfortable as is, the property also provides scope to personalise and add value over time, making it an appealing long term option. Residents enjoy a quiet, community focused environment designed for over 55s living, with a strong sense of security and neighbourly appeal. From an investment perspective, the property is currently leased until 18 April 2028, returning $650 per fortnight, with an increase to $700 per fortnight effective from May 2026. This secure tenancy offers an attractive and reliable income stream, making it a set and forget addition to any portfolio. Conveniently located close to local shops, public transport, medical facilities and parkland, as well as easy access to Frankston CBD, the beach and major arterial roads, this is an excellent opportunity to secure a quality home in a sought after lifestyle position. For more Real Estate in Frankston, contact your Area Specialist. Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 1
- Listed
- 3 months ago
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Neighbourhood
Living in Frankston
This 2-bedroom apartment in Frankston, VIC 3199 sits within reach of public transport, local shops and nearby schools. It is listed 54% below the $815,000 median of 54 comparable apartmentswithin 5 km.
Schools near Frankston
- Frankston Special Developmental Schoolcombined · U · CoEd
- Ballam Park Primary Schoolprimary · Prep-6 · CoEd
- Frankston East Primary Schoolprimary · Prep-6 · CoEd
- Frankston Heights Primary Schoolprimary · Prep-6 · CoEd
- Frankston Primary Schoolprimary · Prep-6 · CoEd
- Karingal Heights Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Frankston Station, platform 2 (train) — 1.6 km away
- Tyrepower — 1.5 km away
- Unnamed — 1.1 km away
- Beauty Park — 1.5 km away
- Unnamed — 1.6 km away
Frankston at a glance
Full suburb profile- Population
- 37,331
- Median age
- 39
- Household income
- $1,387/wk
- Median rent
- $342/wk
- Median mortgage
- $1,733/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Frankston price trend
Median sold · Unit 2 bed
Compound growth +3.9% / yr over 4 yrs
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Price history
Listing price changes
1 price change recorded for this property
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