Lot 113/377 Nepean Highway, Frankston, Vic 3199

Sold: $275,000 (01-19-2015)

Lot 113/377 Nepean Highway, Frankston, Vic 3199 3199
SOLD
  • hotel 1
  • hot_tub 1
  • directions_car 1

At the gateway to the Mornington Penninsula this immaculate one bedroom apartment will attract investors with its long term lease and secure tenancy.

Returning $343 per week, ($17,857 pa) the property is returning 6.49% with no costly agent or Owners Corporation Administration fees.

New Carpets and paint, stainless steel appliances, split system air conditioning and spacious family room opening all open to an outdoor entertaining area with park views.

With ongoing developments to the foreshore and the completion of East link, Frankston has become a hot spot for investors.

Short stroll to Frankston Shopping, cross the road to the beach and an inground pool on premises.

With solid long term growth prospects these properties offer a sound Investment for astute investors.

HIGH YIELD, GREAT LOCATION, BRICKS & MORTAR ASSET

Tabbed Data Tables