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Penthouse/191 Franklin Street, Melbourne$1.93m
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For Saleapartment

Penthouse/191 Franklin Street

Melbourne, VIC 3000, Australia
$1.85m – $2m
3 bed 2 bath 2 car

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About this property

One of only ten in its 'Mondo' segment of Nonda Katsalidis' nationally revered 'Melbourne Terraces', this dual-level haven weaves space, sophistication, and truly spectacular scenery into the verve of the city centre. Deemed one of the top twenty Australian buildings of the last century by Architecture Australia, the complex takes its place by historic Queen Victoria Market and animated Elizabeth Street to mean cuisine and culture sit at its doorstep, with the home itself a quiet retreat from the bustle below. Grand proportions create instant separation from the apartment norm, with a clever floor plan promoting everyday practicality and effortless flow between spaces. Expansive living and dining areas spill onto northern and southern terraces to comfortably house dozens of guests, with sweeping views an unforgettable backdrop whether hosting marquee celebrations, unwinding with a novel, or socialising on a summer night. Kept distinct from main spaces, second-storey accommodation takes the form of an oversized primary bedroom with a walk-in robe and marble ensuite, two further robe-lined bedrooms, and a central bathroom with marble from floor to ceiling. A multi-user study area proves the perfect addition for today's home professionals, while a long list of other highlights includes a granite-top kitchen with Bosch and Electrolux appliances, a lower powder room and full-size laundry, hydronic heating, scattered skylights, under-stair storage, a video intercom, and spa bath. Although appeal is heightened via two secure basement car parking in basement, peerless convenience means a car is simply unnecessary, with everything from Flagstaff Gardens to trains and trams, leading universities, major hospitals, world-class coffee, shopping essentials, high-end retail, leisure facilities, touring productions, and vibrant nightlife all mere steps away.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
2
Listed
3 months ago

Repayment calculator

$9,332/month
$4,666 /fortnight
Loan $1,540,000 at 6.10% over 30 years

Upfront costs

Deposit$385,000
Stamp duty$105,875
Conveyancing (est.)$2,000
Total upfront$492,875
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 3-bedroom apartment in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 244% above the $560,000 median of 85 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)140 m away
  • Melbourne Party Emporium73 m away
  • Unnamed80 m away
  • Unnamed92 m away
  • Flagstaff Gardens412 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 3 bed

Compound growth +0.1% / yr over 4 yrs

$1.00mcurrent median

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Price history

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1 price change recorded for this property

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