Just steps from the shoreline, Apartment 212 at The Peninsula on the Bay offers the perfect mix of investment security and beachside appeal. This fully furnished studio delivers modern, open-plan living, a generous bathroom, sleek kitchen, and a sunlit balcony with coastal outlooks-making it an ideal low-maintenance property for investors or first-time buyers.
Currently leased with a solid return of $11924 per annum and annual 4% increases, this opportunity is SMSF-friendly and backed by a long-term tenant with two 5-year options plus a 7-year option in place. Priced competitively for a quick sale, it offers an effortless entry into the thriving Frankston market. Options run until 2045.
Features Include;
* Light-filled studio layout with open plan flow
* Private balcony
* Large bathroom with premium finishes
* Sleek kitchen with cooktop, oven & storage
* Full access to gym, business lounge & terrace
* On-site launderette with New York-style design
* Walk to cafés, dining and boutique retailers
* Steps to Frankston Beach, trains & shops
Perfectly positioned at the gateway to the Mornington Peninsula, this apartment offers an unbeatable mix of lifestyle, location, and long-term value. Properties like this move fast-enquire now to avoid missing out.
