Price Undisclosed

1 Bed  •  1 Bath  •  1 Car

Main view of Homely apartment listing, 48/325 Nepean Highway, Frankston VIC 3199
Floorplan of Homely apartment listing, 48/325 Nepean Highway, Frankston VIC 3199
Second view of Homely apartment listing, 48/325 Nepean Highway, Frankston VIC 3199
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Sold

48/325 Nepean Highway, Frankston VIC 3199

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Price Undisclosed

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Apartment Sold on Mon 9 May, 2022

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Apartment description

“A Great Addition to the Investment Portfolio”

A studio apartment offering unrivalled value, allowing for unlimited future growth whilst maintaining a very strong yield along the way. Currently tenanted at $805 per month / $185 per week, equating to a 9.7% gross yield (approx), the perfect addition to any investment portfolio.

An ultra-convenient position, close to Frankston Beach and Frankston CBD / Bayside Shopping Complex, this investment opportunity comes with plenty of upside and opportunity for future growth whilst maintaining a healthy rental yield along the way.

This open layout studio with kitchenette and separate bathroom also boasts a north facing courtyard. The apartment complex is conveniently located within easy walking distance to Frankston Beach, Kananook Creek boardwalk, Frankston Train Station, Bayside Shopping Complex with many major retailers and specialty shops, cafes, restaurants and entertainment venues.

Please Note: Photography of the unit and courtyard are from 2020 when the property was last vacant.

Property features

livingAreas

Living Areas: 1

Documents

Statement of Information: View

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Third view of Homely apartment listing, 48/325 Nepean Highway, Frankston VIC 3199View more
Fourth view of Homely apartment listing, 48/325 Nepean Highway, Frankston VIC 3199View more

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48/325 Nepean Highway, Frankston VIC 3199
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