Apartment 104, 435-437 Nepean Highway, Frankston, VIC 3199

Hotel/Leisure

For Sale $320,000

  • Property ID: 351207
  • Floor Area: 53m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the building (FTTB)
Investment opportunity with strong returns & secure long-term tenant

Are you looking for the next investment to add to your portfolio? Look no further than Apartment 104 at The Peninsula on the Bay. This impressive open plan studio-style apartment will provide you with strong returns of up to 7% and a secure, reputable tenant in place (Quest) until 2023.

With furnishings inspired by its coastal surrounds, this 1-bedroom, 1-bathroom apartment includes built-in-robes, floor to ceiling windows allowing plenty of natural light, Fisher & Paykel kitchen appliances and split cycle heating and cooling.

For convenience, located on-site is a beauty spa, fully equipped gymnasium, entertainment terrace, launderette, professional business center, cafe and restaurant.

The Peninsula on the Bay is ideally located in the heart of Frankston at the gateway to the best that the Mornington Peninsula has to offer. Surrounded by boutique retail stores, entertainment, gourmet cafes and restaurants, this unique development is situated just off the freeway with Melbourne CBD only a 40-minute drive away.

Call now to inspect - 1300 652 532

Frankston Suburb Profile

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

  Melbourne Commercial Office Sales & Leasing (MCO)

 

View Agency Profile

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.
LOGIN (Existing Members)
×

REGISTER (New Members)

Already have a CPG account? Login

×
×

×
REGISTER (New Members)
×