$237,000

2 Bed  •  1 Bath  •  1 Car

Main view of Homely apartment listing, 32/325 Nepean Highway, Frankston VIC 3199
Floorplan of Homely apartment listing, 32/325 Nepean Highway, Frankston VIC 3199
Second view of Homely apartment listing, 32/325 Nepean Highway, Frankston VIC 3199
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Sold

32/325 Nepean Highway, Frankston VIC 3199

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$237,000

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  • 1
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Apartment Sold on Sat 30 Apr, 2022

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Apartment description

“Outstanding Investment | 8% Gross Yield (approx)”

Tastefully renovated and positioned on the ground floor, this two bedroom apartment located in an ultra-convenient position; close to Frankston Beach, Frankston CBD and Bayside Shopping Complex.

This investment opportunity allows for unlimited future growth whilst maintaining a healthy rental yield along the way. Currently vacant, however, other inferior units within this complex typically lease around $280 per week, with an estimated weekly rental on this property of $300 per week, which would return a gross yield of 7-8% pa (approx.).

One of the largest apartments and best renovations found within this complex; boasting a brand new kitchen with sleek white cabinetry, timber bench, Bosch appliances (electric oven & ceramic cooktop). Brand new bathroom with large shower, striking black tapware & feature lighting. The open plan living area is functional and accommodates both a lounge suite & dining table. Both bedrooms include built-in wardrobes with mirror sliding doors. Other features include: Split system air conditioner, LED downlights, new flooring, freshly painted, screen door & security screens to windows, laundry facilities.

The complex is located within walking distance to everything you desire with Frankston beach, Kananook Creek boardwalk, Frankston Train Station, many major retailers and specialty shops, cafes, restaurants and entertainment venues all a short stroll away.

Property features

livingAreas

Living Areas: 1

Documents

Statement of Information: View

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32/325 Nepean Highway, Frankston VIC 3199
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