Tastefully renovated and located on the first floor in an ultra-convenient position, close to Frankston Beach, Frankston CBD and Bayside Shopping Complex, this investment only opportunity allows for unlimited future growth whilst maintaining a healthy rental yield along the way.
One of the best within the complex and featuring its own parking spot, access is gained via secure entry with a security fob. The unit boasts a modern and clean, open plan kitchen and living area and a sparkling white bathroom servicing the two bedrooms.
Currently tenanted, similar units within this complex typically lease between $280 per week, returning a gross yield of 7-8% pa (approx.). BC fees sit circa $5,200 per year.
The complex is located within walking distance to everything you desire with Frankston beach, Kananook Creek boardwalk, Frankston Train Station, many major retailers and specialty shops, cafes, restaurants and entertainment venues all a short stroll away.
