Property Details for 214/435 Nepean Hwy, Frankston
214/435 Nepean Hwy, Frankston is a 1 bedroom, 1 bathroom Unit.
Last Listing description (December 2025)
Attention Investors: Don't Miss This Unique Investment Opportunity!
Presenting a sensational serviced and furnished apartment within the prestigious Quest building, nestled in the heart of a coastal tourist haven. Just a five-minute walk to the stunning Frankston Beach and idyllic coastline, this property is surrounded by a plethora of dining options, retail outlets, and cafes, offering an unparalleled lifestyle in a renowned tourist destination.
Exterior and Location:
Lease Agreement:
This serviced apartment comes with a secure lease agreement with the landlords, renewed earlier in 2023 for a term of five years. The successful purchaser will benefit from an annual income of $20,289 with further 4% increase annually through to the new lease renewal on April 14, 2028, with an additional 5+5 year option.
Interior Features:
Step inside to experience a living space designed for comfort and style. The open-plan layout, featuring air conditioning, tall glass sliding doors, and high square set ceilings, creates an inviting ambiance. Guests will enjoy access to the gym and an outdoor area facing the beach. They can bask in the sunlight on the unit's private terrace, finished with modern tiles and opaque glass privacy fencing. Hotel connectivity, a wall-mounted HD television, premium carpet, modern LED lighting, and quality wall art throughout add to the appeal.
Opulent Kitchenette:
The kitchenette is equipped with:
- 40mm stone bench-top
- Glass splash-back
- Stainless steel microwave with trim kit
- Gloss-white handleless soft-close cabinetry
- Tea and coffee provisions for a relaxing stay
Property Specifications:
- Contemporary one-bedroom air-conditioned unit in the luxurious Quest Apartments complex
- Available as an investment opportunity only
- High-spec bathroom and kitchenette with 40mm stone and glass splash-back
- Furnished and serviced by Quest staff
- Private terrace plus access to gym and beach-facing outdoor communal area
- Positioned in the center of a thriving beachside tourist hub
Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs.
Property History for 214/435 Nepean Hwy, Frankston, VIC 3199
- 22 Jul 2025Listed for Sale $250,000 (8% Rental return)
- 18 Mar 2025Listed for Sale $250,000 (8% Rental return)
- 14 Jun 2024Listed for Sale $250,000 (8% Rental return)
Recent sales nearby
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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 21,754 properties. Over the last 5 years, Houses in Frankston have seen a 37.92% increase in median value, while Units have seen a 37.00% increase. As at 31 January 2026:
- The median value for Houses in Frankston is $874,464 while the median value for Units is $593,610.
- Houses have a median rent of $580 while Units have a median rent of $490.
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