1/14 Sandpiper Place, Frankston, VIC 3199 | Studio for sale | OnTheHouse
 
FOR SALE
$132,000 to $137,000

1/14 Sandpiper Place
Frankston VIC 3199

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 24m2
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Bed-sitter, Strata Unit in Frankston -Karingal/Ballam Park - Inspection by appointment.

The phone enquiry code for this property is - 2452
This charming bed-sitter with its own Strata Title is situated within a 45-unit complex, formerly an aged-care facility. The unit comprises a comfortable living space and ensuite, complemented by a small but functional kitchenette equipped with a fridge, microwave, single cooktop & oven, and kettle. Additional cooking facilities are available in the large communal kitchen located next door.
Furnished with a king-single bed, dining table with two chairs, and a bedside table, the unit offers a cozy and practical living environment. It features a reverse-cycle air conditioner, a metal security screen to the outdoors, and a security door leading to the indoor common area. Residents enjoy direct access to both the indoor common area and the outdoors.
This is the quietest unit in the complex and benefits from being closest to the hot water service, ensuring reliable hot water. The unit has recently been fully painted and thoroughly cleaned.
The most recent tenant paid $265 per week, with potential to achieve $320 per week from a good tenant, reflecting returns seen by other landlords in the complex. Bank statements demonstrating rental returns are available upon request. The owner has successfully managed tenants personally, with only four tenants over 9.5 years, all of whom were excellent.
The unit is offered for sale with vacant possession, making it ideal for owner-occupiers seeking a uniquely affordable entry-level property.
An online search will reveal a range of sale prices at 14 Sandpiper Place, many at lower levels, reflecting the condition of those units. The seller is happy to discuss these details with prospective buyers.
The building features spacious common areas including a lounge, kitchen, laundry, and an enclosed courtyard. Recent investment of $25,000 has been made in painting and minor repairs/maintenance of these areas. Secure entry to the building is provided. There are 25 off-street car parking spaces, with very infrequent overflow onto Sandpiper Place, a quiet cul-de-sac.
All common areas and gardens are maintained by the Body Corporate, which also covers electricity, gas, and building insurance through quarterly fees. Outgoings include Body Corporate fees, Council rates, and SE Water rates, all documented in the Section 32.
14 Sandpiper Place is superbly located close to major facilities employing thousands of professionals, including Monash University, TAFE, the new Peninsula University Hospital, Karingal Hub, PARK Aquatic Centre, numerous medical practices, private hospitals, and Frankston Central.
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Property Details for 1/14 Sandpiper Pl, Frankston

1/14 Sandpiper Pl, Frankston is a 1 bedroom, 1 bathroom Studio. The property has a floor size of 24m2. The place is currently for sale with SaleByHomeOwner.com.au.

Building Type
Studio
Floor Size
24m2
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About Frankston 3199

The size of Frankston is approximately 19.8 square kilometres. There are 72 parks, covering nearly 21.2% of the total area. The population of Frankston in 2016 was 36097 people. By 2021 the population was 37331 showing a population growth of 3.4% in the area during that time. The predominant age group in Frankston is 30-39 years. Households in Frankston are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Frankston work in a professional occupation.In 2021, 58.30% of the homes in Frankston were owner-occupied compared with 56.80% in 2016.

Frankston has 21,675 properties. Over the last 5 years, Houses in Frankston have seen a 18.95% increase in median value, while Units have seen a 28.28% increase. As at 31 May 2026:

  • The median value for Houses in Frankston is $850,246 while the median value for Units is $594,484.
  • Houses have a median rent of $590 while Units have a median rent of $490.
There are currently 139 properties listed for sale, and 72 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1146 properties were sold in the past 12 months in Frankston.

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