The Peninsula on the Bay is a 10 storey tower situated in the heart of Frankston, overlooking the beautiful waters of the Mornington Peninsula in Melbourne’s south-east. Comprising of residential, commercial and retail spaces, this modern, 5-star apartment complex is located only 42kms from Melbourne’s CBD.
Sharing stunning views of coastline vistas, residents at The Peninsula on the Bay will be able to enjoy the various on-site facilities available, including outdoor deck and lounge areas, restaurants, beauty salon, fitness centre, business centre and much more. In addition to the bustling Bayside Shopping Centre nearby, along with a new retail precinct currently under construction, residents at The Peninsula on the Bay are spoiled for choice when it comes to retail.
Located in the upper half of the tower – stretching from the fifth floor right up through to the ninth – residential apartments at The Peninsula on the Bay are open plan; fully furnished with Danish-inspired coastal furniture that combines modern sophistication with everyday comfort.
Apartments at The Peninsula on the Bay are selling fast, so this once in a lifetime opportunity to invest in premier property in one of Melbourne’s fastest growing regions is not to be missed. Investors in residential apartments will naturally have the option of becoming either owner-occupiers or landlords; this is in contrast to levels 1-4 of the tower, which are occupied by Quest serviced apartments (and are also available to purchase). However with the purchase of a residential apartment on the upper levels, investors are taking full advantage of high-rise living and the sweeping coastal scenery.
Starting at only $275,000, this represents a unique opportunity for investors and owner-occupiers alike. In addition, depreciation schedules are available for tax reductions, making investment ideal for self-managed super fund portfolios.