Lot 114/377 Nepean Highway
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About this property
Perfectly presented this bricks and mortar investment is surely going to tick all the investor boxes and is an ideal addition to your portfolio. Positioned a mere minutes from the Frankston waterfront, this serviced apartment is available for direct purchase as secure income producing property with a long lease and built-in rental increases. Offering the investor certainty and peace of mind, Quest looks after all the day to day business and rent is paid regardless of occupancy. Current Rental income is approx. $1,698.67 pcm, $20,384.04 p.a
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 1
- Bathrooms
- 1
- Parking
- 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 60% below the $755,000 median of 71 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
- OGrady Avenue/Nepean Highway (bus) — 90 m away
- Kmart — 264 m away
- OGrady Avenue Reserve — 98 m away
- Evelyn Park — 134 m away
- Ebdale Street Reserve — 168 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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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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