511/435 Nepean Hwy, Frankston is a 1 bedroom, 1 bathroom Unit and was built in 1978.
Spectrum Real Estate is proud to present this 1 bedroom, 1 bathroom beachside CBD apartment, ideal for first home buyers and investors alike, looking for affordability and convenience in the fast-moving and established suburb of Frankston.
The Peninsula on the Bay offers residents the convenience of an on-site gymnasium, launderette, beauty salon and cafe. All located within the complex.
With Frankston's award winning beach, restaurants and cafes, hospitals, schools and train station an easy walking distance from your front door.
Features of the property include but are not limited to:
- Furnished apartment with LCD TV's, dining tables and couches
- Kitchen with built-in microwave, dishwasher and stone bench top
- Secure swipe card access
- Close to the main shopping district, public transport and the foreshore
APPROX. RENTAL RETURN OF $380-$400 PER WEEK.
Call Dez Mujcic on 0425 172 033 or Tayla Casley 0435 879 868 to enquire today!
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 21,669 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:
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