2/404-404A Nepean Highway, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

2/404-404A Nepean Highway
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 222m2
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Property Details for 2/404-404a Nepean Hwy, Frankston

2/404-404a Nepean Hwy, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1964. The property has a land size of 222m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
Unit
Year Built
1964
Floor Size
85m2
Land Size
222m2
Local Government
Frankston
Lot/Plan
2/RP11148

Last Listing description (July 2012)

Investment/Commercial Opportunity
This is what you have been looking for..... Affordable high exposure opportunities don't present themselves very often. This is the chance to showcase your business just meters from the CBD. Included are fittings like alarm, split system, air conditioning, plus you can option fittings like phone system, desks etc.
This property is zoned Res 1 so yes... you can also live here and run a business from home.

Investors take note as this property has huge rental options with other units in the complex achieving over 5%.
Call Jewls Neale today to inspect.
Additional feature/s - Approximately 80sqm of office space.

Property History for 2/404-404a Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$470,000
05 Dec 2024
  • 05 Dec 2024
    Sold for $470,000
  • 29 Jun 2012
    Sold for $320,000
  • 31 May 2012
    Listed for Sale $330,000+
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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 37.66% increase in median value, while Units have seen a 34.11% increase. As at 30 November 2025:

  • The median value for Houses in Frankston is $855,978 while the median value for Units is $580,928.
  • Houses have a median rent of $570 while Units have a median rent of $480.
There are currently 69 properties listed for sale, and 60 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1184 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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Cotality Copyright and Legal Disclaimers about Property Data
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.