44/8-12 Nolan StreetFrankston VIC 3199
Property Details for 44/8-12 Nolan St, Frankston
44/8-12 Nolan St, Frankston is a 1 bedroom, 0 bathroom Unit and was built in 2004. The property has a land size of 3182m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Last Listing description (August 2019)
This suite is separately titled and located in a luxury, well-run and prestigious, purpose-built aged care facility catering for the elderly and adults who require day to day support and care.
This unit is available now to the astute investor seeking a low maintenance investment. There are many advantages of investing in strata aged care suites:
- Facility has been in operation for over 15 years
- Long leases - 10 years plus 10 + 10 commenced October 2011
- Rent paid if unit is occupied or not
- Freehold Title
- Water rates, Council rates and Insurance paid by the tenant
- CPI increases annually
- Commonwealth Government Funded Facility
Unit 44
Rent $12,416.61 plus GST per annum
Price $192,000
***********
ASL Real Estate and/or their agents, for themselves and for the vendor of this property for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment of ASL Property Group has any authority to make or give any representation or warranty.
By sending an enquiry to Australian Sales and Leasing you agree to be marketed to in the future for similar properties through email alerts/sms messages. This is at NO COST to you and at any time you wish to cancel your subscription please simply reply STOP.
http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 44/8-12 Nolan St, Frankston, VIC 3199
- 15 Jul 2022Sold for $537,000
- 22 Aug 2019Sold for $175,000
- 18 Jul 2019Listed for Sale SOLD
Recent sales nearby
See more recent sales nearby
/assets/perm/b7vjqfn6g4i6njbwiwcov7mfhq?signature=ab6b26ce883e11c54336201f31007eb4baccd31521d9d69368084eb0755a35ce){kind=logo}
0/assets/perm/3divrpv6pai6ni5l5gnathrrxa?signature=a885534252c5c61fb8d1a5c18ad8db938df7b4eb6728050bf39aa1aadc8c3acd){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About 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 21,775 properties. Over the last 5 years, Houses in Frankston have seen a 14.92% increase in median value, while Units have seen a 20.83% increase. As at 30 June 2026:
- The median value for Houses in Frankston is $840,298 while the median value for Units is $574,722.
- Houses have a median rent of $595 while Units have a median rent of $495.
Suburb Insights for Frankston 3199
Market Insights
Frankston Trends for Houses
N/A
N/A
View TrendN/A
N/A
Frankston Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
