1708/87 Franklin Street, Melbourne, VIC 3000 | Apartment for sale | OnTheHouse
 
FOR SALE
$640,000-$690,000

1708/87 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Dual-Level Resort-Style Living with Rare CBD Space

Within the distinctive Franklin Lofts complex, this deluxe dual-level apartment offers genuinely rare space and natural light in the CBD, complemented by a secure car park and resort-style facilities that elevate everyday living. Set on Level 17, the 90 sqm (approx.) two-bedroom apartment offers an effortless city base with a clear sense of separation between entertaining and retreat, making it equally compelling for both owner-occupiers and astute investors.
The lower level is dedicated to living at scale, with an expansive open-plan lounge and dining domain framed by floor-to-ceiling glazing that invites the skyline into view and floods the interiors with daylight. A balcony extends the footprint for relaxing and easy entertaining. The kitchen is well-appointed for modern life, with gas cooking, an oven, dishwasher and streamlined storage, creating a practical hub without compromising the clean, contemporary feel.
Upstairs, two bedrooms with spacious study area sit quietly away from the social zones, offering privacy for shared living or flexibility for guests. A central bathroom keeps day-to-day routines seamless, while heating/ cooling, secure intercom entry and an on-site building manager add the peace of mind that matters in a lock-and-leave setting.
Beyond the front door, IGA and Aldi across the street and Melbourne opens up in every direction. Queen Victoria Market becomes your weekly ritual for produce and speciality finds, while Flagstaff Gardens and Carlton Gardens offers an instant green reset between meetings or on weekends. RMIT University is close by for study and campus life, with the University of Melbourne also within easy reach, and the CBD's flagship shopping, dining and theatre precinct is a short stroll or tram ride away.
Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Prospective purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs Victoria. Click on the link for a copy of the due diligence check-list from Consumer Affairs Victoria. http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 1708/87 Franklin St, Melbourne

1708/87 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with AREAL PROPERTY.

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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 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 64,269 properties. Over the last 5 years, Houses in Melbourne have seen a 51.77% increase in median value, while Units have seen a -4.12% decrease. As at 31 January 2026:

  • The median value for Houses in Melbourne is $2,008,911 while the median value for Units is $433,734.
  • Houses have a median rent of $650 while Units have a median rent of $675.
There are currently 265 properties listed for sale, and 295 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2779 properties were sold in the past 12 months in Melbourne.

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