Home/Properties/Melbourne/2107/87 Franklin Street
2107/87 Franklin Street, Melbourne$415,000
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For Saleapartment

2107/87 Franklin Street

Melbourne, VIC 3000, Australia
$400,000 – $430,000
1 bed 1 bath 1 car

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About this property

Positioned within the acclaimed Franklin Lofts, this one-bedroom apartment delivers a superb blend of style, space and inner-city convenience. Set across a sophisticated dual-level floorplan, the home features soaring ceilings, timber flooring and floor-to-ceiling windows that fill the living area with natural morning light. The open-plan living and dining zone flows to a private undercover balcony, offering an ideal space to enjoy your morning coffee against a city backdrop. The modern kitchen is well appointed with stainless steel appliances and a dishwasher, while upstairs, the generous bedroom includes built-in robes and a spacious bathroom with integrated laundry facilities. Additional features include reverse-cycle heating and cooling, clever under-stair storage, secure intercom entry and the major advantage of a secure undercover car space - an increasingly rare and valuable asset in the CBD. Residents of Franklin Lofts enjoy resort-style facilities including a gym, lap pool, sauna and on-site building manager. Perfectly located on the edge of the CBD grid, you are moments from Queen Victoria Market, RMIT, Melbourne University, Melbourne Central, Flagstaff Gardens, the Free Tram Zone, retail, cafes and Melbourne's renowned laneway dining and bar scene. A standout city residence or high-performing investment with one of the CBD's most sought-after extras.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Listed
4 weeks ago

Repayment calculator

$2,012/month
$1,006 /fortnight
Loan $332,000 at 6.10% over 30 years

Upfront costs

Deposit$83,000
Stamp duty$19,970
Conveyancing (est.)$2,000
Total upfront$104,970
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 8% below the $450,000 median of 73 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)133 m away
  • Kicks Bottle Shop98 m away
  • Unnamed276 m away
  • Unnamed292 m away
  • University Lawn298 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 -0.5% / yr over 4 yrs

$393kcurrent median

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Price history

Listing price changes

1 price change recorded for this property

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