FOR SALE
$350,000- $360,000

1306/243 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Prime Investment Opportunity: Furnished 1-Bedroom with High Yield (Approx. 10%) in Melbourne CBD

- Fully Furnished & Turn-key ready
- Cheap annual outgoings and high rental return
- Large, practical equipped kitchen, with gas cooktop and electric appliances
- White goods Inc. Fridge, Dishwasher and Washing Machine and electronics
- Available with vacant possession
This property presents a compelling investment opportunity, offering an approximate rental yield with a vast range of versatile occupancy options. Whether used as a city base, a secure fixed-term tenancy, or a high-yield short-stay investment, this fully furnished turnkey residence is ready for immediate occupancy.
Located in the vibrant heart of Melbourne's CBD, this residence offers unparalleled convenience in a sought-after lifestyle precinct. The apartment boasts a modern, well-appointed kitchen with a stylish stone kitchen, gas cooktop, refrigerator, and equipped appliances.
Floor-to-ceiling windows flood the apartment with natural light, illuminating the open-plan living and dining area, and generously sized undercover balcony. The residence is tastefully furnished with a Queen-sized bed with storage, bedside tables, wall-mounted TVs, and a comfortable lounge suite, ensuring both functionality and comfort.
Additional features include a fully tiled bathroom, built in robes, double glazing, and recessed down-lighting. Residents will enjoy proximity to prestigious universities, the renowned Queen Victoria Market, complimentary city trams, the State Library, Flagstaff Gardens, and a variety of popular cafes, bars, and restaurants, all just moments away.
View Statement of Information

Property Details for 1306/243 Franklin St, Melbourne

1306/243 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Apartment. The place is currently for sale with The Agency Victoria.

Building Type
Apartment

Commute Calculator

About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation. In 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.

Melbourne has 60,833 properties. Over the last 5 years, Houses in Melbourne have seen a 12.01% increase in median value, while Units have seen a -3.92% decrease. As at 31 October 2024:

  • The median value for Houses in Melbourne is $1,371,910 while the median value for Units is $452,109.
  • Houses have a median rent of $580 while Units have a median rent of $650.
There are currently 329 properties listed for sale, and 286 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2134 properties were sold in the past 12 months in Melbourne.

Melbourne Profile Page

Suburb Insights for Melbourne 3000

Visit Melbourne profile page
Market Insights
Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Melbourne profile page
Contact agent
Georgia Ackroyd
Show contact details
Call agent
The Agency Victoria
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED