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Back 106/325 Nepean Hwy
Off Market

106/325 Nepean Hwy

Frankston VIC 3199

2
1
1
Apartment
Last sold for $191,000
Adrian FosterAdrian Foster, last sold this property on 08 November 2024 after 101 days on market.

Overview

Budget Bayside Buying At Its Brilliant Best !!

Perfectly positioned in this gated complex on the 1st floor, this spacious apartment is one of the original dwellings on the site thus it is larger than most others plus has extras like robes, laundry facilities, a separate toilet and large bathroom. Conveniently located within 250m to the beach, 650m to Frankston Central and about 1.1kms to the Train Station this is brilliant investment! This neat and tidy two bedroom apartment offers: -Built in robes (both bedrooms) -Close to the car park entrance - Large bathroom with bath - North facing balcony - Solid brick walls Walking distance to Frankston Shopping Centre, Frankston Beach, public transport, restaurants and more, this apartment boasts convenience and emphasises on location! The long standing tenant moved in Jan 2018 and is paying $260 per week, due to be increased to $285 early August. This is undervalued and the market rent is about $340 per week, Please note, these photos are from the old tenant and currently do not reflect the current state/condition. Please refer to the video link for an understanding of the apartments current state. The annual Council Rates are approx. $619 The quarterly body corp costs are approx $1,427.55

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Frankston over the last 12 months, the estimated median property value of 106/325 Nepean Hwy is $490k.

Median value
$490k
Estimated value range
$238k - $990k
Median days on market
25
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Frankston. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 106/325 Nepean Hwy

2024
Sold
$191,000
Private Sale/Treaty on 08 Nov 2024 by Adrian Foster, of fosterfroling Real Estate
2023
Sold
$182,000
22 Mar 2023 by Adrian Foster, of fosterfroling Real Estate
2021
Sold
$180,000
28 Nov 2021 by Adrian Foster, of fosterfroling Real Estate

Happy sellers in Frankston

88%
88% of sellers in Frankston reported that their sale price either exceeded or met their price expectations.

Frankston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 165 reviews in Frankston over the last 12 months.

Local market activity for 2 bedroom apartments in Frankston

In the last 12 months, 67 two-bedroom apartments similar to 106/325 Nepean Hwy, have been sold.

This represents a 18% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Frankston

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Michael McClure

Sellers who recommend Michael McClure have praised them for being clear communication, local expert, honest, friendly, supportive, reliable and responsive

  •   4.9   (487 reviews)
  •  48 Reviews in Frankston
  •  45 Sales in Frankston
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Luke Magree

Sellers who recommend Luke Magree have praised them for being clear communication, local expert, responsive, supportive, honest, friendly and well-prepared

  •   5   (273 reviews)
  •  31 Reviews in Frankston
  •  90 Sales in Frankston
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Adam Price

Adam Price is a recommended agent for Frankston.  They have 19 local sales and collected 11 local reviews across the last 12 months.

  •   5   (104 reviews)
  •  11 Reviews in Frankston
  •  19 Sales in Frankston
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Juan Merchan

Sellers who recommend Juan Merchan have praised them for being local expert, clear communication, supportive, reliable, honest, great negotiation and friendly

  •   4.9   (269 reviews)
  •  10 Reviews in Frankston
  •  15 Sales in Frankston
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