155/325 Nepean Hwy, Frankston is a 1 bedroom, 1 bathroom Unit and was built in 1990. The property has a land size of 9572m2 and floor size of 31m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
In total, 3 studios are available for purchase if the purchaser would like to buy all 3 a reduced figure can be arranged.
#114 is rendered brick internally and #155 & #12 have lovely exposed brick internally.
#12 has a corner spa bath.
Body corporate: $2000-$2600/annum each (approx).
Rates: $600/annum each (approx).
Rental return:
12/325 - $180/week
144/325 - $190/week
155/325 - $190/week
Internal sizes range from 25-35 ms2.
All studios are rented out to long-term tenants that have been in place for years and wish to stay!
Secure these properties and sit back to enjoy the recurring rental income.
In addition, the apartments have kitchenettes, timber and carpeted flooring, ample natural light and bathrooms with shower, vanity and toilet. In the communal area outside, there's a covered walkway to and from the front gate, with planting through the central section.
Positioned just 350m to the beach, and a short walk to Bayside Shopping Centre and train station, this is a great location with cafes, bus stops, walking trails and other amenities nearby.
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 21,754 properties. Over the last 5 years, Houses in Frankston have seen a 38.00% increase in median value, while Units have seen a 33.85% increase. As at 31 December 2025:
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