Calling all investors! This is a prime opportunity to secure a solid investment in the heart of the Frankston CBD. This immaculately presented one bedroom luxury apartment is one of few that offer an exceptional rental yield in a fast growing suburb.
Offering a functional open floor-plan, and boasting beautiful bay views from an expansive balcony, this property offers a low maintenance yet lavish lifestyle filled with comfort and convenience.
This stylish apartment comes fully furnished with high quality fixtures, split system heating/cooling, and fresh kitchenette featuring stainless steel appliances.
Rent: $409 per week ($19,665 per annum)
Terms: Lease to 15/04/2023 plus 3 x 5 Year options
Rent Increases: 4% yearly with market rent reviews every 5 years
The facilities include a gymnasium, conference rooms and a huge terrace for communal outdoor entertaining! With state of the art security comprising CCTV and key card entry 24/7. A concierge is also available during the day.
If you are looking to secure a solid investment close to everything Frankston has to offer and only a 5 minute walk to the beach and train station, then this apartment is for you!
Only a short drive to Frankston’s freeway with the city is only 50 minutes away. Don’t miss this opportunity and come down to the next open for inspection!
- 1 bed
- 1 bath
Fast Facts about Frankston
- Population 34,457
- Area Size 20.8 km2 (8.0 Sq Mi)
- Location 41 km (25 mi) from Melbourne city centre
- LGA Frankston City
- European settlement of Frankston began immediately after the foundation of Melbourne in 1835, as an unofficial fishing village serving the early Melbourne township.
- Prior to its settlement, the Frankston area was populated primarily by the Mayone-bulluk clan of the Bunurong people of the Kulin nations.
- Frankston has been a popular seaside destination of Melbourne since the early 1880s.
- Frankston Beach is still one of the most popular in Victoria and is recognised as one of the cleanest in Australia.
- Olivers Hill was named after local fisherman, James Oliver, who built a cottage atop the hill from where he kept an eye out for fish in the waters below.
- The first official land sales in the area were held in 1853, and Frank Liardet (the eldest son of prominent settler, hotelier and descendant of French nobility, Wilbraham Liardet), established the “allam Ballam” estate in 1854. The estate was the earliest officially recorded settlement in Frankston, and was located to the east of Port Phillip, in what is now known as the locality of Karingal. Liardet's original homestead "Ballam Park" remains today, and is now heritage listed.