112/325 Nepean Hwy, Frankston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 9572m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 1 bedroom Unit sold in Frankston in the last 12 months.
Positioned within the landmark Budget Ambassador complex, this distinctive 69m apartment is anything but standard.
Built in the early 1980s from solid Daniel Robertson brick, the property originally operated as a large hotel before being converted into individually titled apartments in 2010.
This apartment is one of just four unique residences positioned above the former chapel. Once known as the bridal suite, it provided special accommodation for wedding guests and features a completely different floor plan and footprint from the more conventional apartments throughout the complex.
The surprisingly spacious layout includes a separate bedroom, private living room, functional kitchenette and separate bathroom facilities.
69m internal area
Currently rented for $550 per fortnight
Owners corporation fees of approximately $811 per quarter
Separately titled apartment
Unique one-bedroom floor plan
Conveniently positioned moments from the beach and public transport, with Frankston Hospital, Frankston Station, Bayside Shopping Centre, Monash University and Chisholm TAFE all within easy reach.
A fascinating property with genuine history, a unique floor plan and an exceptional return at an affordable entry price.
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 21,821 properties. Over the last 5 years, Houses in Frankston have seen a 7.98% increase in median value, while Units have seen a 12.98% increase. As at 31 August 2026:
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