Unit 50/325 Nepean Highway, Frankston VIC 3199

These true 1 BR apartments with own private courtyard are as rare as hens teeth in this large complex, so you better hurry.

At 9% return and more than double the size of a studio at ca. 60 sqm this property is currently leased at $200pw and the tenant is happy to continue on when this lease expires.

Well presented with a modernised kitchenette including range hood and hotplates, private large bathroom with shower and a separate bedroom, this apartment does not need any money spent on it.

It is at the back of the complex and boarding onto the old function centre, which is due to be rebuilt soon, and Nepean Hwy, so in a very quiet spot. Complete with an off street parking spot on title, and access to a commercial laundry on site, this property would suit an investor or someone looking for a weekend get away.

All this is just minutes away from Frankston hospital and train station, Bayside shopping centre, Chisholm TAFE and Monash university..

The city is just 45 minutes drive away via Peninsula Link, Monash Freeway or Eastlink and Victoria's best beach is right on your doorstep.

To inspect by private appointment contact GABRIELE FRENKEL on 0413 773 075 now!

MELWAYS REF 100 A 1D

DISCLAIMER: The measurements provided of the land and/or property may not be 100% accurate. In order to satisfy yourself of the exact dimensions of the property/land/or each room, we advise you to conduct your own measurements and/or engage the services of a licensed surveyor. Responsibility for any omissions or errors contained herein is expressly denied.

Property Code: 377