220/435 Nepean Highway
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About this property
A 'Set & Forget' investment. Situated on the 2rd floor of the outstanding 'PENINSULA ON THE BAY' building, only minutes' walk to the Award winning beach of Frankston, an array of quality restaurants and at the gateway of the beautiful Mornington Peninsula. • Currently tenanted to Quest Apartments (term 5x5x5 years) • Rent approx. $13,400 p.a. (approx. $260pw) • Fully furnished including cutlery & crockery. • Quality Fisher & Paykel appliances • Secure key card entry • Granite bench tops to kitchen • Access to Gym 24/7 • Access to outdoor BBQ & entertaining area
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 1
- Bathrooms
- 1
- Listed
- 3 months ago
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Neighbourhood
Living in Frankston
This 1-bedroom apartment in Frankston, VIC 3199 sits within reach of public transport, local shops and nearby schools. It is listed 70% below the $799,000 median of 72 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/Young Street (Bay G) (bus) — 327 m away
- General Games Frankston — 123 m away
- Unnamed — 97 m away
- Evelyn Park — 465 m away
- Unnamed — 497 m 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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Property Report
Noise & Environment
Quiet Score
Noticeably noisy
Acoustic environment
Quiet
Low
Moderate
High
Nepean Highway is 70 m away, the nearest railway is 340 m away, Somerville Airstrip is 13.1 km away. This is likely a noisier location. Estimated from OpenStreetMap proximity — terrain, barriers and flight paths affect real-world noise.
Nearby noise sources
Nepean Highway
Road
Frankston Road 1
Rail
Somerville Airstrip
Aircraft
Location
Suburb market
Suburb price trend
Frankston price trend
Median sold · Unit 1 bed
Compound growth -8.1% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Frankston marketThis listing
Price history
Price history
Listing price changes
1 price change recorded for this property
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