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150/325 Nepean Highway, Frankston VIC 3199

$140,000

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$140k - $147k Transparent Transparent Listing Based on an openly advertised listing price.

Apartment 1 Bath 1 Car

Listed: 28 days ago

Updated: 26 days ago

Overview

This studio apartment at 150 / 325 Nepean Highway, Frankston presents a compact living opportunity ideal for those seeking simplicity or an affordable entry into the property market. Priced at $140,000, the property includes a bathroom and a dedicated car space, highlighting convenience for single occupants or investors looking for a low-maintenance property.

The inclusion of split-system air conditioning and heating systems ensures climate comfort year-round, enhancing livability despite the apartment's modest size. Although zero bedrooms, the studio layout maximizes functionality within a confined footprint, potentially suiting professionals, students, or downsizers who prioritise location and affordability over extensive living area.

Its position on a prominent highway location in Frankston offers accessible transport links and connectivity, making daily commuting manageable. The dedicated parking space adds value within an urban setting where parking can be limited.

While floor and land sizes are not specified, the property’s features suggest it fits well within a compact apartment category, offering streamlined living without unnecessary space. This makes it a practical choice for those needing minimal upkeep or a foothold in the property market near key infrastructure.

Overall, this studio apartment appeals to buyers looking for affordability combined with essential amenities, within a well-located address in Frankston.

Local Market Insights

In Frankston, Quiet Listings observed 5 new apartments entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $763,800. The property type mix of listed properties is predominantly Houses at 71%, followed by units (12%), and apartments (7%). The most active agency for apartments in the Frankston area is currently Ray White, representing 80% of new listings, followed by Real Estate Champions with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.