Sold November 2017

1/325 Nepean Highway Frankston 3199 VIC

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2 1 1
Sold for $160,000

ENTRY LEVEL INVESTMENT - MUST BE SOLD!

With an estimated weekly rental return of $240 per week, this type of investment opportunity is often searched for by investors yet seldom found!

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.

Offering simply unrivalled value for money, this unit features 2 bedrooms, open plan living / dining area, kitchenette, generously sized bathroom, separate WC, provision for laundry facilities and off-street parking. Dwelling size is approximately 65m2.

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

Weekly rental should be in the vicinity of $240 per week (similar units within the complex of 325 Nepean Hwy currently leased up to $250 per week).

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Agent Information

Hocking Stuart Frankston

11 Playne Street
Frankston VIC, 3199
More property from Hocking Stuart Frankston
2 and 3/477 Waterfall Gully Road5 -/7 Bragge Street27/325 Nepean Highway1-10/160 Third Avenue69-71 McCrae Street5 Camden Court

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Hocking Stuart Frankston

11 Playne Street
Frankston VIC, 3199
More property from Hocking Stuart Frankston
2 and 3/477 Waterfall Gully Road5 -/7 Bragge Street27/325 Nepean Highway1-10/160 Third Avenue69-71 McCrae Street5 Camden Court