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2706/87 Franklin Street

Melbourne, VIC 3000, Australia
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1 bed 1 bath

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About this property

Standing out from the crowd with its terrific twin floor layout and impressive resort style resident amenities, this fabulous 1-bedroom apartment is simply a must see for city professionals and astute investors. Nestled in the heart of the city, the home reveals an open configuration with lashings of natural light radiating throughout the living, dining and kitchen equipped with Smeg appliances and an Omega dishwasher. Sliding doors allow you to step out onto the balcony for a breath of fresh air, while upstairs the spacious bedroom unfolds, complemented by built-in-robes and an ensuite with laundry facilities. Furthermore, the apartment boasts electric heating, excellent under stair storage, secure intercom entry, lift access and a storage cage. Residents will also enjoy the use of the exclusive building facilities, including a heated lap pool, sauna and fully equipped gym. Exceptionally positioned, minutes from the Queen Victoria market, RMIT, Flagstaff Gardens, Lygon St restaurants, supermarkets, free city trams and Melbourne Central Shopping Centre, restaurants and train station.

Property Details

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

Repayment calculator

$2,182/month
$1,091 /fortnight
Loan $360,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$90,000
Stamp duty$22,070
Conveyancing (est.)$2,000
Total upfront$114,070
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.

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 -0.8% / yr over 4 yrs

$345kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

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