153/325 Nepean Hwy

Frankston VIC 3199

Apartment

Currently for sale - view listing

Overview

Stunning Fully Furnished Studio Apartment Just Move In or Invest!

An affordable opportunity to secure a low-maintenance property in a fantastic lifestyle location! Whether you're looking for an affordable place to call home, a weekend getaway or a smart addition to your investment portfolio, this stunning studio apartment offers exceptional value. Positioned on the first floor and constructed of solid brick, this beautifully presented apartment comes fully furnished, including all furniture and appliances as shown in the photos (excluding audio equipment), making it ready to move straight into or potentially rent out. Comfort is assured with a brand-new split-system air conditioner, while the practical layout and low-maintenance nature of the property make it an appealing option for owner-occupiers and investors alike. The location is just as impressive, with the beach, shopping centre and train station all within easy walking distance, offering a relaxed lifestyle with everything you need close at hand. Investment details: Fixed price: $154,000 strictly non-negotiable Estimated rental return: $310 per week Estimated gross rental yield: 10.5% Annual council rates: $544.20 Owners corporation: $858 per quarter Construction: Solid brick Position: First floor Currently: Owner-occupied Inclusions: All furniture and appliances as pictured Climate control: Brand-new split-system air conditioning With an estimated gross rental yield of approximately 10.5%, this is an affordable opportunity to enter the property market or add a compact, fully furnished apartment to your portfolio. At a fixed price of just $154,000, the price is set and not open to negotiation. Affordable, fully furnished and superbly located opportunities like this are hard to find!