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509/118 Franklin Street, Melbourne$265,000
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509/118 Franklin Street

Melbourne, VIC 3000, Australia
$265,000
1 bath 1 car

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Area Price Guide
$249,100$280,900

Indicative price guide range

🏘️
88
Comparable
📊
$470,000
Area median
⚖️
-44%
vs median
🗓️
1 week ago
Listed

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About this property

• Positioned within one of Melbourne's most convenient lifestyle precincts • Functional open plan studio layout • Private balcony with natural light and urban outlooks • Split-system heating and cooling • Secure intercom entry • Secure car park included • Low-maintenance asset with high tenant demand • Walking distance to Queen Victoria Market, Melbourne Central, RMIT University, cafes, restaurants, and public transport Positioned in the heart of Melbourne's vibrant CBD, this well-presented studio apartment at Stargate Apartments delivers low-maintenance living with exceptional convenience and strong investment appeal. Ideally located moments from Queen Victoria Market, RMIT University, Melbourne Central, renowned dining precincts, and multiple public transport options, this is an outstanding opportunity to secure a quality city residence in a highly sought-after location. Thoughtfully designed for comfortable inner-city living, the light-filled studio offers a functional and inviting space complete with room for living, dining, and sleeping zones. Sliding doors open to a private balcony provide airflow and light to flow through the apartment. The property is also fit with a simple kitchen and spacious bathroom. Additional features include split-system heating and cooling, mirrored built-in robes, secure intercom entry and the highly desirable inclusion of a secure car park. Whether you are searching for a first city home, Melbourne base, or a strong-performing investment, this apartment presents an exceptional opportunity in one of Melbourne's most connected lifestyle precincts.

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $1,285/month
    $642 /fortnight
    Loan $212,000 at 6.10% over 30 years

    Upfront costs

    Deposit$53,000
    Stamp duty$10,970
    Conveyancing (est.)$2,000
    Total upfront$65,970
    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.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bathrooms
    1
    Parking
    1
    Listed
    1 week ago

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