Level 2/214/435 Nepean Highway FRANKSTON VIC 3199
$295,000 - $310,000

DESCRIPTION

A great investment for your property portfolio
An outstanding studio apartment situated in the recently refurbished "Quest" Peninsula on the Bay building, there is nothing that comes close to this first-rate investment; in price, location & return.

Private balcony with panoramic views on the 2nd level
Fully furnished
Quality appliances
Granite bench tops to kitchen
Gymnasium and Ella Bache Studio and two restaurants in the complex
Outdoor entertaining area with resort furniture and bay views
In house Laundrette
24 hour security with swipe card access
Access to outdoor BBQ & entertaining area

Situated 45 minutes from Melbourne CBD
Located in the heart of Frankston CBD
Close to public transport & shopping centre.
Only 300 meters to the Beach Front Entertainment
Gateway to the Mornington Peninsula
Only minutes on foot to Frankston Station
Close to Hospitals, Theatre, Cinemas and all facilities

This smart investment will benefit you in many ways. It's not only a great investment that gives you an immediate high return but it also has potential for fantastic long term Capital Growth on your asset. Frankston is fast becoming the next city of choice and securing a piece of real estate in this area, will contribute to your future financial wealth

Contact Geoff Smith 0414 587 025 or 9783 8888 to schedule your private inspection.
**PHOTO ID MUST BE SHOWN AT ALL INSPECTIONS**

The annual rent will be $17,413.72, fixed for a period of 3 years.
From 15 April 2021 – 14 April 2022 there will be a 3% annual increase
From 15 April 2022 – 14 April 2023 there will another 3% annual increase
In accordance with the Lease the rent will then be reviewed for another 5 year term.
Our outgoings are :
Frankston City Council Rates $1,353.85
Maintenance Fund for the period 1/7/18-30/9/18 is $724.71 and the amount for the next 12 months will be set at the AGM on 28 August 2018
South East Water Rates $829.05

Disclaimer: The above information has been furnished to us by the Vendor. We have not verified whether or not that information is accurate and do not have any belief one way or the other in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than, pass it on. All floorplans are not to scale and all interested parties should make and rely upon their own enquiries in order to determine whether or not this information is in fact accurate.