5/380 Nepean Hwy, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 2255m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom Unit sold in Frankston in the last 12 months.
Closing Date Sale Thursday 16th October 2025 at 1pm
Amazing Value Opposite Beach!
Positioned in a prime beachfront location, this exceptional top-floor apartment offers unbeatable value and lifestyle convenience just steps from the beach. Located in a well-maintained complex backing onto the tranquil Kananook Creek Reserve, you'll be less than a minute's stroll to Frankston Beach and within walking distance to Frankston CBD, Bayside Shopping Centre, cafes, transport, and more.
Freshly carpeted throughout with a light filled spacious lounge plus dual balconies facing both east and north - perfect for enjoying your morning coffee with a view or evening breeze. The functional kitchen is equipped with a new modern electric oven with induction cooktop, while two generously sized bedrooms both include built-in robes.
The renovated central bathroom adds further appeal, complete with marble basin, European tiles, a full-sized bathtub, separate shower, laundry with sink and a separate toilet - ideal for both comfort and practicality.
Whether you're a first home buyer, downsizer, or investor, this is an unbeatable opportunity in a highly sought-after beachside location. Enjoy walking and bike tracks, proximity to Frankston Hospital, the University and TAFE, and easy access to Eastlink and Peninsula Link for commuting ease.
Key Features:
Top-floor apartment with water glimpses
Two spacious bedrooms with built-in robes
Newly carpeted throughout
Renovated central bathroom with separate toilet
Light-filled living area with dual aspect balconies
Backing onto Kananook Creek Reserve
Moments to the beach, Frankston CBD, shopping & transport
Secure, well-maintained complex with titled undercover car space
Ideal for homebuyers or investors alike
Don't miss this rare opportunity to secure an affordable slice of coastal living - where lifestyle and location meet.
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 37.92% increase in median value, while Units have seen a 37.00% increase. As at 31 January 2026:
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