Back 131/325 Nepean Hwy
Off Market

131/325 Nepean Hwy

Frankston VIC 3199

2
1
1
Apartment
Last sold for $207,000
Kyle ReidKyle Reid, last sold this property on 18 January 2025 after 88 days on market.

Overview

IDEAL INVESTMENT OPPORTUNITY

Tastefully renovated and located on the first floor in an ultra-convenient position, close to Frankston Beach, Frankston CBD and Bayside Shopping Complex, this investment only opportunity allows for unlimited future growth whilst maintaining a healthy rental yield along the way. One of the best within the complex and featuring its own parking spot, access is gained via secure entry with a security fob. The unit boasts a modern and clean, open plan kitchen and living area and a sparkling white bathroom servicing the two bedrooms. Currently tenanted, similar units within this complex typically lease between $280 per week, returning a gross yield of 7-8% pa (approx.). BC fees sit circa $5,200 per year. The complex is located within walking distance to everything you desire with Frankston beach, Kananook Creek boardwalk, Frankston Train Station, many major retailers and specialty shops, cafes, restaurants and entertainment venues all a short stroll away.

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 131/325 Nepean Hwy is $500k.

Median value
$500k
Estimated value range
$238k - $990k
Median days on market
25
Estimated value trend
22%
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 131/325 Nepean Hwy

2025
Sold
$207,000
Private Sale/Treaty on 18 Jan 2025 by Kyle Reid, of Impact Realty Group Mount Eliza | Frankston
2021
Sold
Undisclosed
23 Aug 2021 by Callum MacPherson, of Impact Realty Group Mount Eliza | Frankston
2016
Sold
Undisclosed
Private Sale/Treaty on 03 Aug 2016 by Callum MacPherson, of fosterfroling Real Estate

Happy sellers in Frankston

89%
89% 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 206 reviews in Frankston over the last 12 months.

Local market activity for 2 bedroom apartments in Frankston

In the last 12 months, 72 two-bedroom apartments similar to 131/325 Nepean Hwy, have been sold.

This represents a 5% increase in two-bedroom apartments sales when compared to the previous 12 months.

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