205/435 Nepean HighwayFrankston VIC 3199
Property Details for 205/435 Nepean Hwy, Frankston
205/435 Nepean Hwy, Frankston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a floor size of 59m2.
Last Listing description (December 2025)
Positioned in one of Frankston's most vibrant lifestyle hubs, Apartment 205 offers an unbeatable combination of convenience, comfort, and consistent rental income. Thoughtfully designed for easy living, this contemporary studio offers a streamlined layout ideal for investors chasing reliable returns.Featuring a sunlit open-plan layout, well-appointed kitchen, spacious bathroom, and private balcony, this low-upkeep residence is all about smart living in a premium bayside setting.Currently leased with a solid annual return of $18,814 - this is an attractive option for SMSFs or long-term investors. Backed by a secure lease with options until 2033, it's an income stream you can count on.Key Features:* Light-filled, studio layout* Modern kitchen with quality appliances and storage* Large, stylish bathroom* Private balcony for outdoor relaxation* Access to gym, business lounge & rooftop terrace* On-site New York-style launderette* Easy access to beach, shops, train station & dining optionsJust minutes from the sand, with retail and transport at your door, this is your chance to tap into the booming Frankston market with a property that's priced to move.Reach out now - opportunities like this don't last long!
Property History for 205/435 Nepean Hwy, Frankston, VIC 3199
- 05 Aug 2025Listed for Sale $189,000
- 24 Jul 2018Listed for Sale $310,000 - $340,000
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0About Frankston 3199
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 21,774 properties. Over the last 5 years, Houses in Frankston have seen a 11.22% increase in median value, while Units have seen a 16.96% increase. As at 31 July 2026:
- The median value for Houses in Frankston is $829,312 while the median value for Units is $572,690.
- Houses have a median rent of $599 while Units have a median rent of $500.
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