Sold

19/435 Nepean Highway,
Frankston 3199, Victoria

1 bedroom
1 bathroom
Apartment

$188,000


Property details

Unique beachside investment opportunity

Quest Investment Only.

Attention: Don't miss this unique investment opportunity. On offer is a sensational serviced and furnished apartment within the prestigious Quest building, situated in the heart of a coastal tourist haven, just a five-minute walk to the stunning Frankston Beach and the idyllic coastline. Surrounded by a plethora of dining options, retail, and cafes, this apartment offers an unparalleled lifestyle in a renowned tourist destination.

The exterior of this remarkable property is complemented by the sparkling surroundings, offering a seamless blend of sophistication and seaside charm. This serviced apartment comes with a lease agreement with the landlords for a term of five years which renewed earlier in 2023. The successful purchaser will have multiple leasing options, and a potential tenure until April 2045. This is truly an attractive, secure investment. Gross 10% yield.

Step inside and experience a living space designed for comfort and style. The open-plan layout with air conditioning, tall glass sliding doors and high square set ceilings creates an inviting ambiance. Guests will enjoy access to the gym and outdoor area facing the beach, and they can bask in the sunlight on the unit's private terrace, finished with modern tiles and opaque glass privacy fencing. Hotel connectivity, a wall-mounted HD television, premium carpet, modern LED lighting and quality wall art throughout add to the appeal.

The opulent kitchenette is equipped with a 40mm stone bench-top, glass splash-back, contemporary mixer tap ware, undermount sink, stainless steel microwave with trim kit, and gloss-white handleless soft-close cabinetry. Tea and coffee provisions are also provided for guests, ensuring a relaxing stay.

The spacious bedroom features hotel-quality bedding and a wall-mounted TV, while the luxurious bathroom boasts full-height wall tiles, a fully-frameless shower, stone-top vanity unit, ceramic sink, and mirrored cabinetry.




Property Specifications:
• Contemporary one bedroom air-conditioned unit in the luxurious Quest Apartments complex
• Available as an investment opportunity only
• High-spec bathroom and kitchenette with 40mm stone and glass splash-back
• Furnished and serviced by Quest staff
• Private terrace plus access to gym and beach-facing outdoor communal area
• Positioned in the centre of a thriving beachside tourist hub


Disclaimer: We have, in preparing this document, used our best endeavours to ensure that the information contained in this document is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.


Explore the area


School catchments

  • Frankston Primary School Primary Prep-6 Government 0.61km
  • St Francis Xavier School Primary Prep-6 Catholic 0.82km
  • Overport Primary School Primary Prep-6 Government 2.1km
  • Kananook Primary School Primary Prep-6 Government 2.1km
  • Frankston East Primary School Primary Prep-6 Government 2.2km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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