SoldMar 29, 2023

40/325 Nepean Highway, Frankston, VIC, 3199

$80,000

1
1

Apartment

Sold: Mar 29, 2023

What's around 40/325 Nepean Highway

Bargain Basement Buying

This studio-style apartment, including car space, is based on the 1st floor. The complex is located in central Frankston and allows quick and easy access to the local shops, Chisholm TAFE and Monash University, Frankston Station, Hoyts Cinema and cafe/restaurants. And just a few minutes walk from Frankston Beach! This apartment is in poor condition and sold as is for a reduced price however, we can arrange for a complete refurbishment and bring the apartment back to a brand-new state, (kitchen, bathroom, flooring, fixtures, fittings & paint), for an additional 15k. The property is currently tenanted. The current tenant is paying $170 per week and has been living at the property for the past 13 years. Owners Corporation: $566.90 per quarter.

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