10/1-3 Skye Road, Frankston VIC 3199

Private updated unit | quiet complex | beach & station proximity | suited to first-home buyers or downsizers The buying case rests on the unit’s updated presentation and private backyard, which are uncommon in Frankston’s apartment stock at this price point. Its position within a quiet complex reduces noise exposure, while the built-in storage and air conditioning remove immediate upgrade needs. The property is best suited to owner-occupiers seeking a lock-and-leave lifestyle near the beach and Kananook Station. The primary risk is the lack of recent comparable sales within the immediate complex, which may make valuation verification harder. Off-street parking is limited to one space, potentially deterring multi-car households. On the opportunity side, the suburb’s 12.6% growth and 4.3% rental yield support both capital and income outcomes, and the 1999 purchase history suggests low holding costs for a vendor who may be motivated to transact.