609/435 Nepean Highway, Frankston VIC 3199

For those looking to enter the property market or diversify their property portfolio, The Peninsula on the Bay offers stunning residential apartments designed with innovation and style to a backdrop of gorgeous views. Well-suited to a first-time homeowner to enjoy the perfect coastal lifestyle, or to purchase as an investment property, this self-contained apartment is the perfect turnkey start.

Situated prominently on Nepean Highway opposite the renowned Frankston beach, apartment 609 at The Peninsula on the Bay features a fabulous private balcony welcoming an abundance of natural light. This 1-bedroom, 1-bathroom apartment comes fully furnished with a Danish inspired furniture package, all kitchen utilities and utensils, BIR, Wi-Fi access already installed, wall mounted plasma screen TV, reverse cycle heating and cooling and more!

On-site you'll find the convenience of a New York style launderette, fully equipped gymnasium, entertainment terrace, restaurants, cafes and a professional Business Centre.

Positioned ideally amongst Frankston's best gourmet restaurant, cafe, boutique shops and entertainment, The Peninsula on the Bay sits at the gateway to everything the Mornington Peninsula has to offer. With the Melbourne CBD only a 40 minute drive away, this an ideal development to invest in or own.

609/435 Nepean Highway rent is $1825.00pcm / $420.00 per week, and the wonderful tenant has a fixed term rental agreement until 24/07/2025.

The annual owner cooperation fees are $6,948.92 and the council rates are $759.55 (approximately)