435 Nepean Highway, Frankston, VIC 3199

Hotel/Leisure

For Sale Call now to inspect

  • Property ID: 326118
  • Floor Area: 259m²
  • Occupancy: Vacant
Set and Forget Investment with a Combined Annual Rental of $103,031!

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 Frankston’s 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

Frankston Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $5129 $288 5.61%
Retail $8307 $289 3.47%
This is the average advertised price, rent and yield for Frankston, VIC 3199*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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  Melbourne Commercial Office Sales & Leasing (MCO)

 

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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 435 Nepean Highway, Frankston, VIC 3199. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 435 Nepean Highway, Frankston, VIC 3199. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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