Frankston: Apartment in former Ambassador Hotel for sale - realestate.com.au

[ad_1] <img class="styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1091123" loading="eager" decoding="async" aria-describedby="caption-attachment-1091123" data-capiid="2fca8a9f5791659890c1b6aa851365ef" width="1280" height="720" src="data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E" srcset="" alt="40 of 325 Nepean Highway, Frankston - for herald sun real estate"/> The previous Ambassador Lodge on the Nepean Freeway, Frankston, the place the residence is positioned.

A Frankston residence in a fancy as soon as dubbed Australia’s most harmful tackle is in the marketplace with a $149,500 price ticket.

The one-bedroom, studio-style house is positioned within the former Ambassador Lodge which served as a marriage venue till the Nineteen Nineties.

It was later transformed into short-stay lodging and have become generally known as a hub for medication and vandalism.

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In 2018, a drug-fuelled resident was jailed after stabbing his neighbour in a dispute over $27.

That very same 12 months, among the residences’ house owners labelled the property as a harmful place to dwell after they employed 24-hour safety guards and put in safety cameras in an try to snap out the crime and anti-social behaviour

Nevertheless, Fosterfroling Actual Property director Adrian Foster stated the constructing had overcome it’s earlier “horrible fame” to now develop into a a lot quieter and safer place.

“All of the house owners have gotten collectively and obtained an house owners’ board, they oversee it – and so there’s individuals with pores and skin within the recreation dealing with it now,” Mr Foster stated.

<img class="styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1091119" loading="eager" decoding="async" aria-describedby="caption-attachment-1091119" data-capiid="f261a7ae7b120363c1a09d41c75edef4" width="1280" height="720" src="data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E" srcset="" alt="40 of 325 Nepean Highway, Frankston - for herald sun real estate"/> The residence is on the bottom ground of the complicated.

<img class="styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1091120" loading="eager" decoding="async" aria-describedby="caption-attachment-1091120" data-capiid="c67e4a2ba4d46192c97ae82ab3180385" width="1280" height="720" src="data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E" srcset="" alt="40 of 325 Nepean Highway, Frankston - for herald sun real estate"/> Fosterfroling Actual Property director Adrian Foster says the proprietor has spent tens of hundreds of {dollars} updating the house.

He stated the residence at 40/325 Nepean Freeway had been lately renovated with a brand new kitchen put in, new carpet and a contemporary paint job accomplished.

It gives entry to communal laundry amenities and is simply 250m to the seashore.

“I’m pondering it might be the Melbourne cut price of the 12 months, if it’s what you need,” Mr Foster stated.

“It’d be arduous to beat as a result of it is extremely stable brick, and it’s obtained a suspended slab roof to it.”

Public information present the residence final bought for simply $92,000 in September 2025.

<img class="styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1091121" loading="eager" decoding="async" aria-describedby="caption-attachment-1091121" data-capiid="d28054b3c1dbfd80d53c5d26f3431ee5" width="1280" height="720" src="data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E" srcset="" alt="40 of 325 Nepean Highway, Frankston - for herald sun real estate"/> The residence is about 650m to Frankston Central and 1.1km to Frankston prepare station.

Mr Foster stated he believed the proprietor had meant to retain the residence as a long-term funding however had modified his thoughts and determined to promote post-renovation.

The constructing has a Part 173 overlay, that means house owners can’t make one of many models their principal place of residence – nonetheless they will keep there if they've a separate, everlasting abode.

“It’s structurally stable as properly, it’s not such as you’re shopping for a lemon and also you’re going to must plough twice as a lot (cash) into it,” Mr Foster added.

<img class="styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1091122" loading="eager" decoding="async" aria-describedby="caption-attachment-1091122" data-capiid="dc4aa65a9b74bd84fe160876b87c915a" width="1280" height="720" src="data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E" srcset="" alt="40 of 325 Nepean Highway, Frankston - for herald sun real estate"/> There’s one toilet and loads of parking close by.

The bottom-floor residence may doubtlessly be rented out for $270-$285 per week, he added.

Mr Foster has acquired loads of calls concerning the abode together with from traders with some patrons already making gives to buy.

Different residences throughout the former Ambassador, with two bedrooms, bought for between $196,000 and $238,000 in 2025. They had been all listed with Mr Foster.

PropTrack information present Frankston’s median unit worth is $550,000.

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