6/392-394 Nepean Hwy, Frankston is a 1 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2008. The property has a land size of 3578m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in February 2012.
A NEW STANDARD
SITUATED ONLY 300MTRS TO THE WHITE SANDS OF FRANKSTON BEACH, 250MTRS TO ALL THE SPECIALTY SHOPS, CAFES, RESTAURANTS AND CINEMAS THE FRANKSTON CBD OFFERS AND YET ONLY 600MTRS TO THE TRAIN LINES, THIS 1 BEDROOM APARTMENT OFFERS A NEW STANDARD OF APARTMENT LIVING NEVER BEFORE SEEN IN FRANKSTON.
LESS THAN 12 MONTHS OLD THIS MAGICAL GROUND FLOOR APARTMENT OFFERS OPEN PLAN LIVING AND A KITCHEN THAT FEATURES STAINLESS STEEL APPLIANCES AND DISHWASHER. OTHER FEATURES SUCH AS REVERSE CYCLE AIR CONDITIONING, LARGE PRIVATE PATIO, A WIR AND 2 WAY BATHROOM TO THE BEDROOM, AND SECURE UNDERCOVER PARKING ARE BUT A FEW OF THE FEATURES EXPECTED IN A COMPLEX OF THIS CALIBRE. CURRENTLY LEASED AT $220 PER WEEK UNTIL JUNE '09 AND WITH THE ADDED ADVANTAGE OF AN EXCELLENT DEPRECIATION SCHEDULE, THE MAKINGS ARE THERE FOR AN EXCEPTIONAL INVESTMENT.
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 21,785 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:
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