35/14 Sandpiper Place

Off Market

35/14 Sandpiper Place

Frankston VIC 3199

Studio

John Lewis, last sold this property on 11 August 2026 after 13 days on market.

Overview

Potential for Huge Return with Minimum Outlay

Originally constructed as a 44-bed nursing home, this distinctive complex has since been converted into individually Strata Titled apartments, offering an affordable entry point into the Frankston property market. Apartment 35 is a well-presented, low-maintenance studio featuring an open-plan living and sleeping area, built-in storage, a practical kitchenette and a private bathroom complete with shower, vanity and toilet. A split-system provides year-round heating and cooling, while the apartment’s neutral presentation makes it ready to occupy or lease without major work. The complex features coded entry and CCTV surveillance, together with a range of shared facilities. Residents have access to spacious lounge and dining areas, several smaller sitting and conversation spaces, a communal kitchen, card-operated laundry facilities, established gardens and convenient off-street parking. With gas and electricity currently included within the Owners Corporation fees, ongoing living expenses are kept straightforward. Expected rental income of approximately $300–$330 per week makes this an appealing option for investors seeking an affordable property with solid rental potential. Conveniently positioned close to Frankston’s shopping precinct, public transport, medical facilities, freeway access and the waterfront, this is a practical investment or compact home in a well-connected location. Property figures: Expected rent: approximately $300–$330 per week Potential gross annual rent: approximately $15,600–$17,160 Owners Corporation fees: approximately $4,050 per year Council rates: approximately $512 per year Affordable properties with this level of rental potential are increasingly difficult to find. Call now to arrange your inspection.

Features

1 bathroom

1 carspace

1 open car space

Studio

Estimated Value

Based on this property and similar studios sold in Frankston over the last 12 months, the estimated median property value of 35/14 Sandpiper Place is $127k.

Median value

$127k

Estimated value range

$125k - $135k

Median days on market

Estimated value trend

-2%

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 35/14 Sandpiper Place

2026

Sold

Undisclosed

11 Aug 2026 by John Lewis, of Us Real Estate

Happy sellers in Frankston

85%

85% 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 162 reviews in Frankston over the last 12 months.

Local market activity for studios in Frankston

In the last 12 months, 3 studios similar to 35/14 Sandpiper Place, have been sold.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Frankston for a free market appraisal.

Michael McClure

at Eview Group - Australia

4.9

(493 reviews)

Get a free market appraisal

Luke Magree

at OBrien Real Estate Frankston

(279 reviews)

Get a free market appraisal

Adam Price

at Ray White Frankston

(107 reviews)

Get a free market appraisal

Brooke Wegener

at Ray White Frankston

4.9

(183 reviews)

Get a free market appraisal

Nearby agents

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

Michael McClure

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

4.9 (493 reviews)
46 Reviews in Frankston
46 Sales in Frankston

View profile

Luke Magree

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