1/339-341 Nepean Hwy, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 137m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
A craved central position on the very edge of Frankston's CBD and foreshore sets an appealing introduction to this entry-level 2-bedroom unit, craving some materialised imagination to give it an entirely new life. Bring the tools, a skip and some good old elbow grease to this one, offering a perfect project for the creative first-home buyer, or a bargain-hunting investor looking for blue-chip appeal.
A traditional layout showcases a large open-plan lounge and dining area with a raked ceiling and split-system air conditioning, an original kitchen with a gas cooker an plenty of space, a shower room and a separate powder room, two large and robed bedrooms and a vast rear yard, complete with an externally-accessed laundry.
Complete with a single covered car space and an exceptional position no matter the direction you choose to take, remarkably central to Bayside Shopping Centre, Frankston CBD, Kananook Creek walking trails, Eastlink/Peninsula freeways, public transport and the quieter northern end of Frankston Beach.
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 21,698 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:
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