3/402 Nepean Highway, Frankston VIC 3199

Managed through our office and returning $1,716 per calendar month (in the process of being increased to $1,820 pcm), this apartment delivers a reliable income stream from a fabulous tenant while also offering genuine bay glimpses from its balcony - the perfect combination of investment security and lifestyle appeal. If you'd like to make this wonderful apartment your new home, the option for vacant possession is available as it is a periodic lease.

⭐️ Property highlights ⭐️

Two bedrooms with built-in robes

Open-plan living opening onto a balcony with bay/water glimpses and outlook over the resident pool

Renovated kitchen and bathroom/laundry

Split-system heating/cooling

Separate lock-up storage unit next to the undercover carport - ideal for bikes, camping gear or extra belongings

Fully compliant with current tenancy regulation standards, giving peace of mind for investors

📍 Location advantages📍

Walking distance to Frankston beach, CBD, cafés, train station, and schooling

Direct rear access to Kananook Creek trail and footbridge, linking straight to the foreshore

Situated in Melbourne's premier bayside growth hub, where rental demand remains strong

Secure a tenanted, low-maintenance bayside property with income and growth potential ahead of the open market