12/380 Nepean Hwy, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 2255m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
In a quiet complex on the beach side of Nepean Highway, this spacious light-filled 2nd floor apartment with balcony and windows to both North and South aspects, is a great opportunity for investment or a move into vibrant central Frankston yet moments to the sand and sea.
Currently home to a long-term tenant, providing ongoing return on investment, the 2-bedroom home is functional and liveable as is, or it could be modernised as required, alternatively a complete renovation would provide a delightful new residence. Comprising a spacious lounge/dining room and balcony with city and possible bay glimpses, adjoining good-sized kitchen with new freestanding oven/cooktop and views to Frankston CBD, 2 bedrooms with built-in robes, bathroom with original retro tiling throughout, shower, bath, and laundry facilities.
An allocated parking space is situated to the rear of the property, but you can leave the car at home because there's so much within easy walking distance. Around the corner is a caf and the lovely Kananook Creek trail, where a bridge leads over to the beach just 350m away. Frankston shopping centre, beachfront restaurants, cafs, and cinema are a few minutes stroll, or a few minutes more to public transport, PARC, Monash Uni Peninsula campus, TAFE, and hospitals. It's also within easy access to Frankston Freeway.
https://www.obrienrealestate.com.au/office/obrien-real-estate-frankston/22161
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 21,674 properties. Over the last 5 years, Houses in Frankston have seen a 24.64% increase in median value, while Units have seen a 29.97% increase. As at 30 April 2026:
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