Invest in a Beachside Haven. Sweeping City Views.

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207/435 Nepean Highway

Frankston VIC 3199




    • Building Name The Peninsula on the Bay
Whether you’re looking for your first home or want to grow your investment portfolio, look no further than The Peninsula on the Bay. Perfectly positioned opposite Frankston Beach, Apartment 207 boasts an excellent location and brightly lit space.

This solid investment features:
- Existing 5 year lease currently returning $18,078 per annum with the next annual 4% increase in May 2024
- 2 x 5 year options + 1 x 7 year option beginning 15th April 2038
- Fully-furnished
- Open layout promoting air flow and free flowing space
- Studio apartment with 1 bathroom
- Private balcony welcoming an abundance of natural light and sweeping views
- Generously sized ‘hotel’ style bathroom and shower
- Ample kitchen with full amenities

Conveniently located on-site tenants will find:
- New York style launderette
- Fully equipped gym
- Impressive entertainment terrace
- Professional business center
- Gourmet restaurants and cafés, boutique shops and entertainment in close proximity

The Peninsula on the Bay sits at the gateway to everything the Morning Peninsula has to offer. Just a 40-minute drive from Melbourne CBD, this location is close to nearby shops, restaurants and retail. Act quickly before this apartment is off the market!

Call now to inspect on 9863 8888