Price: Contact Agent.
Suite Size: 25 sqm

Invest in a Thriving Beachside Suburb. Consistent Returns.

Elevate your investment prospects or own your own home at The Peninsula on the Bay. Ideally positioned behind Frankston Beach, Apartment 212 offers a luminous living space and a prime location that epitomises coastal living in Victoria.

This solid investment features:

  • Investment opportunity perfect for SMSF
  • Existing 5-year lease currently returning $11,024.04 per annum with the next annual 4% increase in May 2024
  • 2 x 5-year options + 1 x 7 year option
  • Priced to sell quickly
  • Generous sized ‘hotel’ style bathroom and shower
  • Kitchen with full amenity
  • Lounge/living area
  • Open layout promoting air flow and free flowing space
  • Private balcony welcoming an abundance of natural light

Conveniently located on-site tenants will find:

  • New York style launderette
  • Fully equipped gym
  • Impressive entertainment terrace
  • Professional business centre
  • Gourmet restaurants and cafés, boutique shops and entertainment in proximity

The Peninsula on the Bay sits at the gateway to everything the Morning Peninsula has to offer. Just a 40-minute drive from Melbourne CBD, this location is close to nearby shops, restaurants, and retail. Act quickly before this apartment is off the market!

Getting There


Frankston Station


Route 779


Secure undercover parking on-site & free 2-hour street parking available

The Peninsula on the Bay

435 Nepean Hwy, Frankston VIC 3199

To find out more about offices currently available for sale or lease, or to arrange a personal inspection, call us on 1300 652 532 or enquire online.