9/63 Frankston-Flinders Road, Frankston, Vic 3199

When location matters and it always does, you'll be hard pressed to find a more convenient address than this budget friendly two-bedroom unit ideally situated smack bang in the heart of Frankston's thriving tertiary and medical district.

Literally five minutes' walk to Monash University and just a stone's throw from Frankston Private and Frankston Hospital, switched on investors will be quick to spot the obvious scope here for attractive rental returns.

With shops and buses nearby, the property is also located within the sought-after Frankston High School zone and offers ready access to both the freeway and Peninsula Link for a super-fast commute.

Currently leased on a month to month basis, there is scope here to add some further appeal and value with a cheap and cheerful facelift but as it stands, the home will provide comfortably for either an owner-occupier or your tenants.

With the added advantage of service road access and the additional peace of mind of a position towards the rear of this established complex, the home features a comfortable lounge plus separate open-plan kitchen/meals and a private rear courtyard garden perfect for some herbs or potted colour.

Basic but serviceable, the kitchen has a side-by-side benchtop oven and cooktop and plenty of cupboards, while a separate laundry is a real bonus here.

Two good-sized bedrooms both have built-in robes and share the neat original bathroom with separate bath and shower.

Extras here include gas heating, a handy shed and single carport with tilt-a-door entry.