Sold
Last Asking Price - $175,000
19/435 Nepean Highway, Frankston VIC 3199
Apartment
11
Block size: 1905 m² approx.
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
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
Inspections
No open inspections scheduled.
Send an enquiry
Contact Jie Zhou to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
1
Bathrooms:
1
Property type:
Apartment
Block Size:
1905 m²*
Other Details
Lot:
115
Plan:
PS648477
Legal description:
115\PS648477
Maps and area information
Block information
Block size: 1905m² (approx)
Legal description: 115\PS648477
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
15 Apr 2024
Sold
Ray White Oakleigh
Listed: 29/11/2023
Transfer type: Full transfer
Statement of information
Section 47AF of the Estate Agents Act 1980
Download Statement of Information
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.
Frankston suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
40 years
Population
37,331
Listing ID: 182129560. This listing has been viewed 22 times. It was first displayed on 29/11/2023 and last updated on 15/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.