2111/87 Franklin St, Melbourne is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2001. The property has a land size of 1934m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in February 2013.
With centrality envious to all in the CBD, an abundance of natural light in the bedrooms and living, unencumbered views back into the city and to the mountains, leaves none wondering why 87 Franklin is eternally popular for all.
Oversized apartments are becoming a commodity in themselves, adding a large loft style apartment to your portfolio is a no brainer. Ever popular for tenants due to Melbourne's locale and all it has on offer, with easy access to top universities and all public transport, a vast array of international cuisine, Queen Victoria Market and Melbourne Central, vacancy concerns will be a thing of the past.
Elegantly designed with open plan living and dining, sleek kitchen with modern appliances (including dishwasher), bathroom and euro laundry, large master bedroom , generous balcony and brand new air conditioner.
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 61,356 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:
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