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!
