3/402 Nepean Hwy, Frankston, VIC, 3199 - Apartment Sold on 27 11 2025

SoldNov 27, 2025

3/402 Nepean Hwy, Frankston, VIC, 3199

$420,000

67 m²

Apartment

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Sold: Nov 27, 2025

What's around 3/402 Nepean Hwy

2 BR Apt with Balcony - Rear Gated Access to Kananook Creek Trail & Beach - Low Owners Corp Fees - Undercover Carpark & Storage Unit

This well presented apartment is now available with vacant possession, offering the perfect opportunity for home buyers or savvy investors alike with $420 per week in rental returns. This unit represents a fantastic balance of lifestyle appeal and investment potential in one of Frankston's most convenient bayside pockets. Property highlights * Two spacious bedrooms with built-in robes * Light-filled open-plan living opening to a balcony overlooking the resident pool and large grassed common area * Stylishly renovated kitchen and modern bathroom/laundry * Split-system heating and cooling for year-round comfort * Separate lock-up storage unit beside the undercover carport - perfect for bikes, camping gear, or extra belongings * Fully compliant with current tenancy regulation standards for investor peace of mind Location advantages * Direct rear access to Kananook Creek trail and footbridge linking straight to the foreshore & beach * Walking distance to Frankston beach, CBD, cafés, train station, and schools * Situated in Melbourne's premier bayside growth hub, where demand remains consistently strong Whether you're searching for your new home or your next investment, this low-maintenance bayside gem ticks every box - position, presentation, and potential.