12/325 Nepean Highway, Frankston VIC 3199

In total, 3 studios are available for purchase if the purchaser would like to buy all 3 a reduced figure can be arranged.

#114 is rendered brick internally and #155 & #12 have lovely exposed brick internally.
#12 has a corner spa bath.
#114 and #12 have car spaces on the title.

Body corporate: $2000-$2600/annum each (approx).
Rates: $600/annum each (approx).

Rental return:
12/325 - $180/week
144/325 - $190/week
155/325 - $190/week

Internal sizes range from 25-35 ms2.

All studios are rented out to long-term tenants that have been in place for years and wish to stay!

Secure these properties and sit back to enjoy the recurring rental income.

In addition, the apartments have kitchenettes, timber and carpeted flooring, ample natural light and bathrooms with shower, vanity and toilet. In the communal area outside, there's a covered walkway to and from the front gate, with planting through the central section.

Positioned just 350m to the beach, and a short walk to Bayside Shopping Centre and train station, this is a great location with cafés, bus stops, walking trails and other amenities nearby.