101/377 Nepean Hwy, Frankston is a 1 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 2005. The property has a land size of 3870m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last transferred in June 2023.
BAYSIDE INVESTMENT. 7.7% RETURN
A RARE OPPORTUNITY TO SECURE FANTASTIC RETURNS, THIS SPACIOUS 2 BEDROOM APARTMENT WILL ATTRACT SAVVY INVESTORS SEEKING STRONG RETURNS. WITH ONGOING DEVELOPMENTS AND UPGRADES TO THE FORESHORE, ALONG WITH THE COMPLETION OF EAST LINK CUT-TING CBD TRAVEL TO A MERE 35 MINUTES, FRANKSTON HAS BECOME THE MAJOR GATEWAY TO THE MORNINGTON PENINSULA. A SPACIOUS 2 BEDROOM APARTMENT, CURRENTLY BEING USED AS QUEST RECEPTION, BOASTS LARGE OPEN LIVING ??? A REAR RUMPUS/ CONFERENCE ROOM, AND DIRECT ACCESS TO THE POOL AND OUTDOOR ENTERTAINING TERRACE. WITH 3 CAR PARKS ON TITLE, RECENT REFURBISHMENTS INCLUDING CARPET AND PAINT, THE BEACH ACROSS THE ROAD AND SET INCREASES UNTIL 2020, IT WONT LAST LONG! * PLEASE NOTE THIS SALE IS SUBJECT TO GST.
The size of Frankston is approximately 19.8 square kilometres. It has 72 parks covering nearly 21.2% of 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 21,757 properties. Over the last 5 years, Houses in Frankston have seen a 38.00% increase in median value, while Units have seen a 33.85% increase. As at 31 December 2025:
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