220/435 Nepean Highway, Frankston VIC 3199

This privately owned apartment can be rented out or enjoyed by the new purchaser as the apartment is now privately owned

Discover a perfect set-and-forget investment in this luxurious 1-bedroom apartment within the exceptional Peninsula on the Bay development, which offers short and long-term stay options.

This 2nd floor apartment with reverse cycle air-conditioning and contemporary styling, has a flowing layout and well-appointed spaces throughout, from the spacious bedroom with mirrored robes, through to the open-plan living, dining and quality kitchen facilities including stone benchtops and Fisher & Paykel appliances. For a touch of indoor-outdoor living, wide sliding doors open to a relaxing private terrace, sheltered by graceful bamboo plants. Within the complex itself, facilities include 24-hour gym, valet dry-cleaning, launderette, on-site café and restaurant, alfresco BBQ area, plus business admin services and parking.

Located a stone's throw from the beautiful beach, there are so many amenities on the doorstep including Frankston's wonderful cafés, restaurants, shopping options, cinemas and train station, and other local leisure activities include Peninsula Aquatic Recreation Centre, McClelland Sculpture Park, and Arts Centre. There are natural attractions nearby such as the Botanic Gardens and Sweetwater Creek, and of course this is the gateway to the glorious Mornington Peninsula.

Returning an approximate rent of $350-$370/week, this apartment represents a fantastic investment, and could be considered a great addition to your portfolio. Body Corp fees: $4,000 p.a.