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For Saleapartment

435 Nepean Highway

Frankston, VIC 3199, Australia
$230,000
5 bed 5 bath

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Area Price Guide
$216,200$243,800

Indicative price guide range

🏘️
66
Comparable
📊
$785,000
Area median
⚖️
-71%
vs median
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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Heritage

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About this property

An opportunity not to be missed for an astute investor to acquire a sought-after set and forget investment portfolio comprising of 5 apartments with a high return. Highlights include: Combined annual rental of $103,031 Annual fixed increases of 4% Lease term of 5 years expiring on 14/04/2023 3 x 5 year options Tenanted by the renowned Quest Peninsula Conveniently located on-site is a launderette, beauty spa, fully equipped gym, entertainment terrace, restaurants, cafes and a professional business centre. Ideally positioned amongst Frankstons best gourmet restaurants, cafes, boutique shops and entertainment, The Peninsula on the Bay sits at the gateway to everything the Morning Peninsula has to offer and is only a 40-minute drive from Melbourne CBD. Call now to inspect - 1300 652 532

Property Features

    View full listing on Domain

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    Repayment calculator

    $1,115/month
    $558 /fortnight
    Loan $184,000 at 6.10% over 30 years

    Upfront costs

    Deposit$46,000
    Stamp duty$8,870
    Conveyancing (est.)$2,000
    Total upfront$56,870
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    5
    Bathrooms
    5
    Listed
    2 months ago

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