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Back 220/435 Nepean Hwy
Off Market

220/435 Nepean Hwy

Frankston VIC 3199

1
1
Apartment
Luke MagreeLuke Magree, last sold this property on 18 May 2022 after 21 days on market.

Overview

Owner occupy or invest. Must be sold on the day.

This privately owned apartment can be rented out or enjoyed by the new purchaser as the apartment is now privately owned Discover a perfect set-and-forget investment in this luxurious 1-bedroom apartment within the exceptional Peninsula on the Bay development, which offers short and long-term stay options. This 2nd floor apartment with reverse cycle air-conditioning and contemporary styling, has a flowing layout and well-appointed spaces throughout, from the spacious bedroom with mirrored robes, through to the open-plan living, dining and quality kitchen facilities including stone benchtops and Fisher & Paykel appliances. For a touch of indoor-outdoor living, wide sliding doors open to a relaxing private terrace, sheltered by graceful bamboo plants. Within the complex itself, facilities include 24-hour gym, valet dry-cleaning, launderette, on-site café and restaurant, alfresco BBQ area, plus business admin services and parking. Located a stone's throw from the beautiful beach, there are so many amenities on the doorstep including Frankston's wonderful cafés, restaurants, shopping options, cinemas and train station, and other local leisure activities include Peninsula Aquatic Recreation Centre, McClelland Sculpture Park, and Arts Centre. There are natural attractions nearby such as the Botanic Gardens and Sweetwater Creek, and of course this is the gateway to the glorious Mornington Peninsula. Returning an approximate rent of $350-$370/week, this apartment represents a fantastic investment, and could be considered a great addition to your portfolio. Body Corp fees: $4,000 p.a.

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Frankston over the last 12 months, the estimated median property value of 220/435 Nepean Hwy is $197.5k.

Median value
$197.5k
Estimated value range
$80k - $610k
Median days on market
30
Estimated value trend
-30%
decrease 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 220/435 Nepean Hwy

2024
Rented
Undisclosed
Leased on 30 Apr 2024 by Areal Property Box Hill
2024
Rented
Undisclosed
Leased on 27 Jan 2024 by Areal Property Box Hill
2023
Rented
Undisclosed
Leased on 12 Jan 2023 by propper Surry Hills

Happy sellers in Frankston

91%
91% 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 218 reviews in Frankston over the last 12 months.

Local market activity for 1 bedroom apartments in Frankston

In the last 12 months, 32 one-bedroom apartments similar to 220/435 Nepean Hwy, have been sold.

This represents a 15% decrease in one-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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Luke Magree

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

  •   5   (252 reviews)
  •  41 Reviews in Frankston
  •  101 Sales in Frankston
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Michael McClure

Michael McClure is a recommended agent for Frankston.  They have 36 local sales and collected 37 local reviews across the last 12 months.

  •   4.9   (463 reviews)
  •  37 Reviews in Frankston
  •  36 Sales in Frankston
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Adam Price

Sellers who recommend Adam Price have praised them for being clear communication, local expert, responsive, friendly, supportive, reliable and well-prepared

  •   5   (103 reviews)
  •  19 Reviews in Frankston
  •  22 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)
  •  13 Reviews in Frankston
  •  17 Sales in Frankston
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