404/435 Nepean HighwayFrankston VIC 3199
Property Details for 404/435 Nepean Hwy, Frankston
404/435 Nepean Hwy, Frankston is a 1 bedroom, 1 bathroom Unit.
Last Listing description (November 2025)
Property Highlights:
Premium west-facing apartment with stunning bay views
Securely leased to Quest offering hands-off income (option to end lease upon expiry and either rent privately or move in yourself)
Immaculately presented and in as-new condition
Fully furnished and air-conditioned throughout
Spacious open-plan living and dining area
Contemporary kitchen with excellent storage solutions
Separate bedroom and a sleek, modern central bathroom
Secure entry with lift access
Residents/guests enjoy access to a well-equipped gym and expansive rooftop BBQ area with sweeping bay views
Located just 250 metres from the beach and 365 metres from Frankston Station
Surrounded by shops, cafes, restaurants, parks, and public transport
Outgoings:
Council Rates: $1,071.45 per annum
Water Rates: $691.60 per annum (4 x $172.90)
Maintenance Fees: $1,142.08 per annum (4 x $285.52)
Rental Income:
Monthly Rent: $1,858.19
Annual Rent: $22,298.28
(note: this is subject to annual increases and the lease finishes on the 14th April 2028 at $25,082.59pa)
This is an ideal opportunity for investors seeking a low-maintenance, high-convenience property without the typical challenges of a standard residential tenancy. With strong rental returns and the flexibility to either continue leasing or occupy in future, this bayview apartment offers the perfect balance of lifestyle and investment security.
Property History for 404/435 Nepean Hwy, Frankston, VIC 3199
- 03 Oct 2025Listed for Sale $240,000
Recent sales nearby
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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 21,675 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:
- The median value for Houses in Frankston is $867,535 while the median value for Units is $593,226.
- Houses have a median rent of $590 while Units have a median rent of $490.
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