812/435 Nepean Hwy, Frankston is a 1 bedroom, 1 bathroom Unit.
Set on the waterfront of Port Phillip Bay opposite Frankston Beach, The Peninsula on the Bay is a landmark development offering luxury apartment living at its finest with first class facilities inspired by its coastal surrounds.
Body-corporate fees: $4,000/annum
Rental appraisal: $350-$380/week
Rates: $900/annum
ALL OFFERS MUST BE UNCONDITIONAL.
Highlights of this fully furnished one-bedroom, one-bathroom apartment include a private balcony, fully equipped kitchenette with Fisher & Paykel appliances, and living & dining area with built-in desk. Car park not on title.
With easy access to Melbourne CBD via the freeway and train lines and close proximity to hospitals, schools and retail/entertainment precincts; location couldn't be better!
*Images are for indicative purposes only. Furnishings may not be exactly as depicted
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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 21,675 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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