404/435 Nepean Highway, Frankston VIC 3199

Property Highlights:
Premium west-facing apartment with stunning bay views
Securely leased to Quest – offering hands-off income (option to end lease upon expiry and either rent privately or move in yourself)
Beautiful bay views from the balcony, living area, and kitchen
Immaculately presented and in as-new condition
Fully furnished and air-conditioned throughout
Spacious open-plan living and dining area
Contemporary kitchen with excellent storage solutions
Separate bedroom and a sleek, modern central bathroom
Secure entry with lift access
Residents/guests enjoy access to a well-equipped gym and expansive rooftop BBQ area with sweeping bay views
Located just 250 metres from the beach and 365 metres from Frankston Station
Surrounded by shops, cafes, restaurants, parks, and public transport

Outgoings:
Council Rates: $1,071.45 per annum
Water Rates: $691.60 per annum (4 x $172.90)
Maintenance Fees: $1,142.08 per annum (4 x $285.52)

Rental Income:
Monthly Rent: $1,858.19
Annual Rent: $22,298.28
(note: this is subject to annual increases and the lease finishes on the 14th April 2028 at $25,082.59pa)

This is an ideal opportunity for investors seeking a low-maintenance, high-convenience property – without the typical challenges of a standard residential tenancy. With strong rental returns and the flexibility to either continue leasing or occupy in future, this bayview apartment offers the perfect balance of lifestyle and investment security.