Set and Forget Investment with a Combined Annual Rental of $103,031!

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435 Nepean Highway

Frankston VIC 3199

Leisure

FOR SALE

259m2

    • Building Name The Peninsula on the Bay
    • Floorplans View Floorplan
An opportunity not to be missed for an astute investor to acquire a sought-after set and forget investment portfolio comprising of 5 apartments with a high return.

Highlights include:

• Combined annual rental of $103,031
• Annual fixed increases of 4%
• Lease term of 5 years expiring on 14/04/2023
• 3 x 5 year options
• Tenanted by the renowned Quest Peninsula

Conveniently located on-site is a launderette, beauty spa, fully equipped gym, entertainment terrace, restaurants, cafes and a professional business centre.

Ideally positioned amongst Frankston’s best gourmet restaurants, cafes, boutique shops and entertainment, The Peninsula on the Bay sits at the gateway to everything the Morning Peninsula has to offer and is only a 40-minute drive from Melbourne CBD.

Call now to inspect - 1300 652 532