1/14 Sandpiper Place, Frankston VIC 3199

Property Details: • Type: Studio

• Bedrooms: 1 • Bathrooms: 1

Description: The phone enquiry code for this property is - 2452 This charming bed-sitter with its own Strata Title is situated within a 45-unit complex, formerly an aged-care facility. The unit comprises a comfortable living space and ensuite, complemented by a small but functional kitchenette equipped with a fridge, microwave, single cooktop & oven, and kettle. Additional cooking facilities are available in the large communal kitchen located next door. Furnished with a king-single bed, dining table with two chairs, and a bedside table, the unit offers a cozy and practical living environment. It features a reverse-cycle air conditioner, a metal security screen to the outdoors, and a security door leading to the indoor common area. Residents enjoy direct access to both the indoor common area and the outdoors. This is the quietest unit in the complex and benefits from being closest to the hot water service, ensuring reliable hot water. The unit has recently been fully painted and thoroughly cleaned. The most recent tenant paid $265 per week, with potential to achieve $320 per week from a good tenant, reflecting returns seen by other landlords in the complex. Bank statements demonstrating rental returns are available upon request. The owner has successfully managed tenants personally, with only four tenants over 9.5 years, all of whom were excellent. The unit is offered for sale with vacant possession, making it ideal for owner-occupiers seeking a uniquely affordable entry-level property. An online search will reveal a range of sale prices at 14 Sandpiper Place, many at lower levels, reflecting the condition of those units. The seller is happy to discuss these details with prospective buyers. The building features spacious common areas including a lounge, kitchen, laundry, and an enclosed courtyard. Recent investment of $25,000 has been made in painting and minor repairs/maintenance of these areas. Secure entry to the building is provided. There are 25 off-street car parking spaces, with very infrequent overflow onto Sandpiper Place, a quiet cul-de-sac. All common areas and gardens are maintained by the Body Corporate, which also covers electricity, gas, and building insurance through quarterly fees. Outgoings include Body Corporate fees, Council rates, and SE Water rates, all documented in the Section 32. 14 Sandpiper Place is superbly located close to major facilities employing thousands of professionals, including Monash University, TAFE, the new Peninsula University Hospital, Karingal Hub, PARK Aquatic Centre, numerous medical practices, private hospitals, and Frankston Central. It is just a 300m walk to Ballam Park's 30 hectares of parklands and 200m to the Cranbourne Frankston Rd bus stop. Nearby amenities include: 24/7 Input Gym and Zane Bowling Alley (within 200m) Frankston RSL (800m) Karingal Hub Shopping Centre (1.2km) Peninsula Link Freeway and Cycling Trail (2km) Peninsula Aquatic and Recreation Centre (3.1km) McClelland Sculpture Park and Gallery (3.2km) Monash University (3.3km) Peninsula University (Frankston) Hospital (3.5km) Frankston Train Station (3.5km) Frankston Beach (3.7km) The asking price for this unique gem is offers over $132,000 with vacant possession. Inspection only by appointment.