8/1-3 Skye Road, Frankston, VIC 3199 sold on 08 June 2025 | OnTheHouse
SOLD
Sold on 08 Jun 2025 for $400,000

8/1-3 Skye Road
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 8/1-3 Skye Rd, Frankston

Building Type
Commercial
Year Built
1970
Local Government
Frankston
Lot/Plan
8/RP5884

Last Listing description (October 2023)

Wonderful Two Bedroom Ground-Level Unit with Spacious Outdoor Area

Welcome to your dream home or awesome investment nestled on the Peninsula! This fantastic two-bedroom unit in a charming apartment complex offers a lifestyle of comfort and convenience with zero maintenance outside. The ground-level setting provides easy access and a sense of openness.

Features that will capture your heart:

- Master bedroom designed for luxury living, featuring triple stacking mirrored wardrobe doors and built-in shelving for ample storage.

- Second bedroom with mirrored sliding doors and built-in shelving, perfect for guests or a home office.

- Polished floorboards throughout that add a touch of elegance to every corner.

- Modern downlights creating a warm and inviting atmosphere.

- Stay comfortable year-round with a split system heater cooler and a wall heater, ensuring your comfort in all seasons.

Enjoy culinary delights in the updated kitchen:

- Composite stone benchtops offering a sleek and stylish workspace.

- Upright electric oven/stove top for culinary adventures.

- Abundant natural light flooding the space, making cooking a joy.

Bathroom and laundry designed for relaxation and convenience:

- Combined laundry and bathroom with composite stone benchtop, adding a touch of luxury to your daily routines.

- Oversized shower with modern black fixtures, heat lamps, and above-bench sink for a contemporary feel.

- Every detail considered for your comfort and convenience.

Outdoor paradise:

- An expansive communal grassed area awaits your outdoor gatherings, perfect for picnics, sunbathing, and relaxation.

- A large garden/storage shed for personal use which is on communal land but agreed to by the Owners Corporation.

Location, location, location:

- Positioned right next to the Frankston Freeway entrance, offering easy commuting and accessibility.

- One parking space on title and additional visitor parking spaces for your convenience.

Currently rented at $345 per week on a month to month basis to a wonderful clean tenant. You could keep them in it and add to your property portfolio or purchase with vacant possession and make this incredible unit your new home. Contact us today to arrange a viewing!

Property History for 8/1-3 Skye Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$400,000
08 Jun 2025
  • 30 Sep 2023
    Sold for $395,000
  • 16 Aug 2023
    Listed for Sale $399,000
  • 20 Oct 2020
    Listed for Rent $350 WEEKLY
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About Frankston 3199

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 37.66% increase in median value, while Units have seen a 34.11% increase. As at 30 November 2025:

  • The median value for Houses in Frankston is $855,978 while the median value for Units is $580,928.
  • Houses have a median rent of $570 while Units have a median rent of $480.
There are currently 68 properties listed for sale, and 59 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1190 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.