117/435 Nepean Highway, Frankston, VIC 3199 | Property Value & History | OnTheHouse
 
OFF MARKET

117/435 Nepean Highway
Frankston VIC 3199

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 2 Feb 2026
Low
High
Share
Save

Property Details for 117/435 Nepean Hwy, Frankston

117/435 Nepean Hwy, Frankston is a 1 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Frankston

Last Listing description (April 2024)

Quest Frankston on the Bay, located in the heart of Frankston's entertainment and dining precinct, offers New York-style studio apartments on the Mornington Peninsula and is situated near Bayside Shopping Centre, Frankston Foreshore, and Frankston Arts Centre.
Only 9years old, it is neat, modern and a low maintenance investment.

This one-bedroom studio with a total floor area 30.2sqm is located on the quiet side of the building yet is close to everything.

Sun-filled living area with a balcony and stylish kitchenette & bathroom.
The property also boasts a large communal entertainer's terrace- with foreshore/ ocean views, Bayside Shopping Centre at the rear, cafes & restaurants and pristine beaches are all located at your doorstep.

With a long-term lease and tenant in place, this is an investment not to be missed!

Lease Details:
Current Rent:$274per week -$14,250pa
Current Return:Return: 7.35% Gross -6.04%- Net
Rent Increases as follows:
April 2025- $285per week -7.64% gross
April 2026- $296per week - 7.94% gross
April 2027- $308per week - 8.26% gross

Lease Terms:Lease to14/04/ 2028with 2x 5 yearsplus and 1 x 6 yearsoption

Rent Increases:
4% yearly from 2025with market rent reviews every 5 years (next due 2028)

* Please note all returns do not include applicable government charges andlandlord's planned property refurbishments per the lease.

Approximate Owner Outgoings:
Council Rates:$880 per annum
Water Rates:$667 per annum
Body Corporate Administration fee:Paid by tenant
Body Corporate Sinking fund:$982 per annum

Disclaimer. The information provided herein, and any further information supplied, is provided by way of example only. It is intended as general information only and is not to be construed as investment, legal or taxation advice. Potential investors are encouraged to seek the advice of their legal, financial and other advisors prior to investing, so as to determine whether this type of investment is suitable for their specific needs.

Show More

Property History for 117/435 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
  • 17 Apr 2024
    Listed for Sale Not Disclosed
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

About Frankston 3199

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 21,756 properties. Over the last 5 years, Houses in Frankston have seen a 37.92% increase in median value, while Units have seen a 37.00% increase. As at 31 January 2026:

  • The median value for Houses in Frankston is $874,464 while the median value for Units is $593,610.
  • Houses have a median rent of $580 while Units have a median rent of $490.
There are currently 101 properties listed for sale, and 57 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1161 properties were sold in the past 12 months in Frankston.

Frankston Profile Page

Suburb Insights for Frankston 3199

Visit Frankston profile page
Market Insights
Frankston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Frankston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Frankston profile page
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED