Frankston has a tradition of being favoured by investors and was even listed In Australia Property Investor magazine as being in the top 10 suburbs Australia wide a couple of years ago. So it is not surprising that this big complex, previously considered the best hotel in town, has become a major investment location.
With many units returning above 6% and a history of long-term stable tenancies, some owners also use it as a second abode and weekend getaway – the choice is yours!
This spacious 2 bedroom apartment, of approximately 65sqm, is currently leased at $260 pw.
It comes with a modern kitchenette, a generous bathroom including corner spa, separate toilet plus space for your own washing machine. The bedrooms both feature large, built-in robes. You can also access the shared commercial laundry downstairs and there is a single car space on the title.
The close proximity to popular Frankston beach and the new state-of-the-art train station, the recently refurbished Bayside shopping centre, Monash University, two local hospitals as well as Chisholm TAFE makes this location ideal for many different users.
An inspection will not disappoint so let us show you around.
|Suburb||FRANKSTON, VIC, 3199|
|Address||325 Nepean Highway|
|Contact agent||Gabriele Frenkel 0413 773 075|
|Agency||PENINSULA PROPERTY INVESTMENT CENTRE|