Invest in a Thriving Beachside Suburb. Consistent Returns.

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Apartment 212/435 Nepean Highway

Frankston VIC 3199




Elevate your investment prospects or own your own home at The Peninsula on the Bay. Ideally positioned behind Frankston Beach, Apartment 212 offers a luminous living space and a prime location that epitomises coastal living in Victoria.

This solid investment features:
- Investment opportunity perfect for SMSF
- Existing 5-year lease currently returning $11,024.04 per annum with the next annual 4% increase in May 2024
- 2 x 5-year options + 1 x 7 year option
- Priced to sell quickly
- Generous sized ‘hotel’ style bathroom and shower
- Kitchen with full amenity
- Lounge/living area
- Open layout promoting airflow and free-flowing space
- Private balcony welcoming an abundance of natural light

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

Contact us today to book an inspection on 9863 8888