12/14 Sandpiper Pl, Frankston is a bedroom, 1 bathroom Studio with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other bedroom Studio sold in Frankston in the last 12 months.
Originally constructed as a 44-bed nursing home, this unique complex has since been transformed, with each apartment now individually Strata Titled.
Tucked away at the rear of the building on the ground floor, this well-presented studio apartment is an ideal low-maintenance opportunity. Inside, you’ll find a practical kitchenette, a private bathroom with shower, vanity, and toilet, plus fresh paint, new carpet, a brand-new split system, and built-in robes for ample storage. A large sliding glass door opens to a quiet, grassed area – perfect for enjoying the outdoors in peace.
The secure building features coded entry and CCTV and offers residents access to generous shared amenities including lounge and dining rooms, multiple chat areas, a shared kitchen, card-swipe laundry, beautifully maintained gardens, and off-street parking. Gas and electricity are included in the Owners Corporation fees, keeping living costs simple.
Currently leased at $300 per week on a short-term tenancy, this property presents a fantastic investment or affordable home in a unique, well-managed setting.
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 37.66% increase in median value, while Units have seen a 34.11% increase. As at 30 November 2025:
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