2 Spray Street, Frankston
Smart investors, this is exactly the type of asset that quietly performs while others sit on the sidelines.
Set within an attractive, well-maintained complex, this immaculate 2-bedroom unit comes with a standout advantage - a long-term tenant who treats the home like her own and keeps it in exceptional condition. Reliable, respectful, and already in place the hard work is done.
Investment Snapshot
Current Rent: $450 per week
Rental Potential: $500 per week
Strong upside with immediate room for growth
Low-maintenance, set-and-forget holding
The Property
Two generous bedrooms (WIR to master, BIR to second)
Light-filled open plan living, dining & kitchen
Stainless steel appliances, dishwasher & ample storage
Gas ducted heating + split system cooling
Central bathroom with separate toilet
Full laundry with external access
Single lock-up garage + additional driveway parking
Private, low-maintenance rear yard with established greenery
The Location
Positioned for pure convenience with seamless access to:
Frankston-Dandenong Road
Beach Street
Peninsula Link
Local shops, services & transport
This is the kind of acquisition that suits buyers' agents, seasoned investors, or anyone chasing a clean, low-risk addition to their portfolio with immediate income and future rental upside.
Off-market means limited exposure - and limited time.
Properties like this don't need the open market to achieve a premium result.
