705/87 Franklin Street, Melbourne, VIC 3000 | Apartment for rent | OnTheHouse
 
FOR RENT
$600 per week

705/87 Franklin Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Available From
Friday 16 October 2026| Bond $2,607.00
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Spacious two level - Loft Style Apartment in the heart of the city.

Situated in the sought-after Franklin Lofts Apartment building, and spanning two spacious contemporary levels, this lock & leave residence is shouting out to city workers, those seeking easy-to-maintain weekend getaway accommodation and even those studying at nearby RMIT.
Within walking distance of every conceivable amenity - and with trains and trams readily at hand to take you further afield - this fabulous proposition is ready to love and includes an open plan living/dining and kitchen area which spills outside to a private balcony with city views.
The generous upper-level bedroom has timber floors and boasts built-in storage, while the smartly appointed bathroom has the convenience of laundry provisions. Offering substantial storage both upstairs and down, the apartment is equipped with quality kitchen appliances, features chic timber flooring. On-site residents' facilities include a lap pool, gym, sauna and lounge area.
Queen Victoria Market is within easy reach for all your day to day needs while the city's incredible array of restaurants, bars, cafes, theatres and shopping destinations create a wonderfully enviable backdrop to daily living.
*Please note that there is no carpark available with this apartment*

Property Details for 705/87 Franklin St, Melbourne

705/87 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Apartment. The place is currently for rent with MICM Real Estate - Southbank.

Building Type
Apartment
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% 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 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.

Melbourne has 64,808 properties. Over the last 5 years, Houses in Melbourne have seen a -28.12% decrease in median value, while Units have seen a 0.93% increase. As at 31 August 2026:

  • The median value for Houses in Melbourne is $1,383,053 while the median value for Units is $444,901.
  • Houses have a median rent of $713 while Units have a median rent of $680.
There are currently 278 properties listed for sale, and 290 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2306 properties were sold in the past 12 months in Melbourne.

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Caitlin O'Connor
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Cecilia Asahak
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MICM Real Estate - Southbank
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