5/23 Phillip Street, Frankston, Vic 3199

For Sale

Frog Property Sales & Management - Formally Property One Bayside

5/23 Phillip Street, Frankston, Vic 3199

$350,000 - $380,000

Unit

Type

Bedrooms

Bathrooms

Parkings

Published on Monday, October 12, 2026 ( See property details for 5/23 Phillip Street, Frankston, Vic 3199)

$350,000 - $380,000

Sherrie Lee Founder | Licensed Agent

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Kieren Lee Licensed Estate Agent / Auctioneer

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern, low-maintenance one-bedroom unit in a convenient Frankston location, offering outdoor space, secure parking, and flexible occupancy options.

🏡 Property Highlights

Well-presented one-bedroom unit with modern appeal
Open-plan private courtyard for outdoor relaxation
Undercover parking included for convenience
Flexible occupancy options with current tenancy or vacant possession
Ideal for first home buyers, downsizers, and investors
Located in a neat, well-maintained complex

✨ Key Features

Built-in Robes
Outdoor Area
Open-Plan Living
Outdoor Area / Balcony
Secure Parking
Internal Laundry
Pet-Friendly
Floorboards
Ensuite
Water tank

Suburb and Property Insights of Frankston, VIC 3199

Frankston offers a vibrant coastal lifestyle with beautiful beaches, excellent shopping and dining options, and convenient transport links. The suburb is ideal for those seeking a relaxed yet connected community, with parks and recreational facilities nearby. Its affordable property market makes it a popular choice for first-time buyers and investors alike. The area benefits from ongoing development and a strong local economy, ensuring long-term growth potential.

Frequently Asked Questions

What is the current rental income for this property?

The property is currently tenanted, with the renter keen to continue their stay, providing a steady income stream for investors.

Is the property suitable for first-time buyers?

Yes, the property is ideal for first home buyers due to its affordable price, low-maintenance design, and convenient location.

What are the ongoing strata or maintenance fees?

Details regarding strata or maintenance fees are available upon request; the property is part of a neat and well-presented complex.

Are there any restrictions on pets?

The property is pet-friendly, allowing residents to enjoy outdoor space with their pets.

What are the nearby amenities and transport options?

Frankston offers excellent shopping, dining, beaches, and public transport options, making it a highly convenient location.

What to ask about this property to agent?

Are there any upcoming strata or community fees that could affect affordability? Has the property been recently renovated or does it require updates? Are there any zoning restrictions or easements affecting the property? Is the property located in a flood or bushfire-prone area? Are there any planned developments or construction projects nearby that could impact the property’s value or living environment?

5/23 Phillip Street, Frankston, Vic 3199 - More Details

$350,000 - $380,000

Finding a one-bedroom unit that offers everything you need can be a challenge. Some lack outdoor space, others don't provide secure undercover parking, and many require updating. This one stands apart by combining comfort, convenience, and low-maintenance living in one appealing package.

Modern, neat, and well-presented, this one-bedroom unit is currently tenanted, with the renter keen to continue their stay. For buyers seeking vacant possession, that option is also available, providing flexibility for both owner-occupiers and investors alike.

Step inside and enjoy a spacious loungeroom offering plenty of room to relax, unwind, or entertain guests. The functional kitchen features a freestanding cooktop and oven, along with ample storage to make everyday living simple and practical.

The combined laundry and bathroom provide an efficient use of space, while the open-plan private courtyard creates a peaceful outdoor retreat perfect for enjoying your morning coffee, entertaining friends, or simply relaxing in your own space.

Complete with undercover parking and positioned within a neat and well-presented complex, this property represents an excellent opportunity for first home buyers, downsizers, singles, couples, or investors looking for an affordable home in a convenient Frankston location.

Add this one to your inspection list - we look forward to showing you through.

Type: Unit
Bedrooms: 1
Bathrooms: 1
Parkings: 1

Map & nearby places — 5/23 Phillip Street, Frankston, Vic 3199

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5/23 Phillip Street, Frankston, Vic 3199

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