404/435 Nepean Highway, Frankston, VIC, 3199 - Apartment Sold on 03 10 2025

SoldOct 3, 2025

404/435 Nepean Highway, Frankston, VIC, 3199

$225,000

Apartment

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Sold: Oct 3, 2025

What's around 404/435 Nepean Highway

Exceptional Residential Investment Bayview Apartment Leased to Quest

Property Highlights: Premium west-facing apartment with stunning bay views Securely leased to Quest offering hands-off income (option to end lease upon expiry and either rent privately or move in yourself) Beautiful bay views from the balcony, living area, and kitchen Immaculately presented and in as-new condition Fully furnished and air-conditioned throughout Spacious open-plan living and dining area Contemporary kitchen with excellent storage solutions Separate bedroom and a sleek, modern central bathroom Secure entry with lift access Residents/guests enjoy access to a well-equipped gym and expansive rooftop BBQ area with sweeping bay views Located just 250 metres from the beach and 365 metres from Frankston Station Surrounded by shops, cafes, restaurants, parks, and public transport Outgoings: Council Rates: $1,071.45 per annum Water Rates: $691.60 per annum (4 x $172.90) Maintenance Fees: $1,142.08 per annum (4 x $285.52) Rental Income: Monthly Rent: $1,858.19 Annual Rent: $22,298.28 (note: this is subject to annual increases and the lease finishes on the 14th April 2028 at $25,082.59pa) This is an ideal opportunity for investors seeking a low-maintenance, high-convenience property without the typical challenges of a standard residential tenancy. With strong rental returns and the flexibility to either continue leasing or occupy in future, this bayview apartment offers the perfect balance of lifestyle and investment security.