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1604/155 Franklin Street, Melbourne$425,000
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For Saleapartment

1604/155 Franklin Street

Melbourne, VIC 3000, Australia
$400,000 – $450,000
1 bed 1 bath 1 car

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About this property

Located within the prestigious Fulton Lane complex, this charming one bedroom apartment is just steps away from the iconic Queen Victoria Market, Flagstaff Gardens, and numerous shopping hubs, all within walking distance. Ideally north facing, the thoughtfully designed spacious layout seamlessly connects indoor and outdoor living through an undercover balcony, offering views of Melbourne's lively cityscape. The sleek kitchen, finished with stone benchtops and premium Bosch appliances, combines style with everyday functionality, while the bedroom includes mirrored built-in robes and plush finishes for comfort. Complete with modern bathroom, in-unit laundry, heating/cooling, and a secure carpark under title, this home delivers ultimate convenience and comfort. Residents enjoy access to world-class amenities, including an indoor pool, gym, spa, sauna, steam room, concierge, and communal BBQ area with panoramic city views plus landscaped courtyard spaces. The building is also designed with eco-friendly features such as bicycle storage, grey-water recycling, water tanks, natural ventilation, and a green-walled façade. All this within walking distance of Melbourne Central, Emporium, Queen Victoria Market, RMIT, and the Free Tram Zone. With strong rental demand in the area this apartment is a prime candidate for consistent returns and long-term capital growth for investors, while owner-occupiers can appreciate the class and convenience on offer. Whilst we endeavour to represent this property information to the best of our knowledge and have no reason to doubt any inaccuracy, this information has been provided to us by the property owner and we, therefore, accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in any information. We encourage buyers to make their own inquiries and refer you to the due diligence checklist provided by Consumer Affairs for further information: http://www.consumer.vic.gov.au/duediligencechecklist

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Listed
3 months ago

Repayment calculator

$2,060/month
$1,030 /fortnight
Loan $340,000 at 6.10% over 30 years

Upfront costs

Deposit$85,000
Stamp duty$20,570
Conveyancing (est.)$2,000
Total upfront$107,570
Verify with VIC revenue office →
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 1-bedroom apartment in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 11% below the $475,000 median of 79 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

  • A'Beckett Street/Queen Street (bus)177 m away
  • Jaycar58 m away
  • Unnamed109 m away
  • Unnamed161 m away
  • Unnamed432 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 1 bed

Compound growth -0.8% / yr over 4 yrs

$345kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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