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1010A/8 Franklin Street, Melbourne$475,000
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For Saleapartment

1010A/8 Franklin Street

Melbourne, VIC 3000, Australia
$475,000
2 bed 1 bath 1 car50 m²

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About this property

The Phone Code for this property is: 99606. Please quote this number when phoning or texting. **This property has just leased for a fixed 1-year period at $810 pw unfurnished** **Private inspection only per request. Positioned on the 10th floor of the tightly held Milano Apartments, this freshly renovated two-bedroom apartment offers the ideal balance of elevation and comfort - sitting just three levels above the facilities floor. This thoughtful positioning makes it especially appealing for those seeking apartment living without excessive height or vertigo concerns. A rare on-title car parking bay further enhances owner-occupier appeal, rental demand and long-term investment value. The apartment is completely turn-key, featuring: Brand new engineered flooring Freshly painted interiors Reverse-cycle heating and cooling Holland blinds Double-glazed sliding doors The smart and efficient floor plan includes dual ensuite access, stone kitchen finishes, 2.7m ceilings, floor-to-ceiling glazing and a north-facing balcony that captures natural light throughout the day. Residents enjoy access to premium resort-style facilities, including a heated pool, gym, spa, sauna, tennis court, cinema and 24-hour concierge service. Ideally located just a short walk to Melbourne Central Station and the Metro, and only moments from QV, Queen Victoria Market, RMIT University, Melbourne University, dining precincts and retail hubs - this property sits at the heart of Melbourne's education and lifestyle corridor. With strong rental performance, low vacancy risk and proven CBD demand, this renovated apartment represents an outstanding opportunity for investors and owner-occupiers alike.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
50 m²
Listed
3 months ago

Repayment calculator

$2,303/month
$1,151 /fortnight
Loan $380,000 at 6.10% over 30 years

Upfront costs

Deposit$95,000
Stamp duty$23,570
Conveyancing (est.)$2,000
Total upfront$120,570
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Melbourne

This 2-bedroom apartment in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 1% below the $480,000 median of 71 comparable apartmentswithin 5 km.

Schools near Melbourne

  • Eltham College - Lonsdale Street Campuscombined
  • Melbourne Grammar Schoolcombined · Prep-12 · CoEd
  • Melbourne Grammar School - Wadhurst Campuscombined
  • Victorian College For The Deafcombined · U · CoEd
  • Wesley Collegecombined · Prep-12 · CoEd
  • Holmes Grammar Schoolsecondary · 11-12

What's nearby

  • Stop 7: RMIT University (tram)131 m away
  • EzyMart157 m away
  • University Lawn285 m away
  • Eight Hour Reserve296 m away
  • Unnamed316 m away

Melbourne at a glance

Full suburb profile
Population
54,941
Median age
29
Household income
$1,448/wk
Median rent
$381/wk
Median mortgage
$1,800/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Melbourne price trend

Median sold · Unit 2 bed

Compound growth -2.4% / yr over 4 yrs

$633kcurrent median

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Price history

Listing price changes & sale

2 price changes recorded for this property

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