OFF MARKET

1010/118 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 83m2
Land area: 1581m2
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Last updated 16 Sep 2024
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Property Details for 1010/118 Franklin St, Melbourne

1010/118 Franklin St, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 1581m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
2001
Floor Size
83m2
Land Size
1581m2
Local Government
Melbourne
Lot/Plan
1010/PS425500

Last Listing description (February 2022)

Don't miss this rare opportunity to secure this light and bright apartment in the heart of Melbourne.

- Spacious master bedroom with glass sliding doors to the terrace and stunning city skyline views
- Second bedroom with large sliding robes and north facing window

- A generous north facing open plan kitchen, living/dining area which opens out onto sizeable balcony
- Well-appointed kitchen with stone benchtops
- Separate modern bathroom with shower and stone benches
- Apartment also includes compact European style laundry and secure lobby entrance & lift to apartment

In arguably the best pocket of inner city Melbourne, this property boasts the best of shopping convenience and nightlife entertainment. Access to the Melbourne CBD and a range of university campus' is effortless through the vast variety of public transport options. Some of the best restaurants are only a moments' walk from your door step, not to mention the iconic Queen Victoria Market. Secure your very own slice of Melbourne (the most liveable city) for yourself or buy as a high yielding investment property.

Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused.

The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.

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Property History for 1010/118 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$462,000
16 Feb 2022
Listed for Rent
$400/w
06 Aug 2020
  • 16 Feb 2022
    Sold for $462,000
  • 27 May 2021
    Listed for Sale Under Offer
  • 11 Jun 2020
    Listed for Rent $450 / week
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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 61,329 properties. Over the last 5 years, Houses in Melbourne have seen a 33.57% increase in median value, while Units have seen a 2.46% increase. As at 31 August 2024:

  • The median value for Houses in Melbourne is $1,218,497 while the median value for Units is $465,019.
  • Houses have a median rent of $600 while Units have a median rent of $645.
There are currently 301 properties listed for sale, and 275 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2039 properties were sold in the past 12 months in Melbourne.

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