Apartment 107, 435 Nepean Highway, Frankston, VIC 3199

Hotel/Leisure

For Sale $365,000

  • Property ID: 350833
  • Floor Area: 53m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the building (FTTB)
Exceptional tenanted bayside investment at The Peninsula on the Bay

Apartment 107 at The Peninsula on the Bay is the perfect addition to your investment portfolio. With a reputable, long-term tenant in place (Quest) until 2023 providing a 6.5%-7% return per annum, this is an opportunity not to be missed!

Situated on the first floor of the building, this fully furnished apartment features one bedroom, one bathroom, balcony with outdoor views and plenty of natural light, Fisher & Paykel appliances, wall mounted plasma screen and split-system heating and cooling.

Conveniently located on-site is a fully equipped gymnasium, entertainment terrace, New York style launderette, professional business lounge, cafes and restaurants.

Just a stone’s throw from Bayside Shopping Centre, Frankston’s arts and entertainment precinct, major arterials and local schools and hospitals, The Peninsula on the Bay sits at the gateway to everything that the Mornington Peninsula has to offer.

Call now to inspect - 1300 652 532

Frankston Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $7386 --- ---
Offices --- $539 ---
Retail $5984 $264 4.42%
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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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™.
  • 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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