139 Frankston-Flinders Rd, Frankston is a 9 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 982m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in May 2025.
Situated in a sought-after location this architecturally designed 4-year young property is the ideal investment, with long term tenants and returning close to $10,000 per month this is the perfect package to add to your portfolio. With 9 apartments all under one title currently running under a rooming house criteria.
The studios are a fresh, modern design with an open floorplan and loads of natural sunlight. Studios consist of wood like flooring, laminated benches with room for a kettle, microwave and food preparation with the added bonus of loads of storage. Each studio has an ensuite with wall-to-wall porcelain tiles, shower, toilet and basin with top end quality fittings and finishes.
The spacious bedrooms have built in wardrobes with double mirrored doors. The common kitchen is well appointed with lots of room to move around and cook at ease.
Just moments away from all amenities including Monash University, Frankston Hospital, Frankston High School, Cafes, public transport, shops, easy access to Frankston freeway and Peninsula link you will be hard pressed to find a better return on investment.
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 21,675 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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