606/243 Franklin Street, Melbourne, VIC 3000 | Apartment for sale | OnTheHouse
 
FOR SALE
$248,000 - $270,000

606/243 Franklin Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Stylish CBD Apartment with New Carpets & Optional Fully Furnished Package

Private inspections available by appointment. Contact Tina Chauhan on 0481 048 011.
Positioned in the heart of Melbourne's vibrant CBD, this contemporary one-bedroom apartment presents an exceptional opportunity for first home buyers, investors and city professionals alike. With an estimated rental potential of approximately $505 per week, it offers an attractive investment opportunity in one of Melbourne's strongest rental markets.
With brand new carpets to be installed in the living area following the current tenant's departure, the apartment will be refreshed and ready for its next owner. For added convenience, all furniture and appliances can be included in the sale, offering a genuine turnkey opportunity—simply move in or lease out immediately.
Designed for effortless city living, the apartment features a light-filled open-plan layout that maximises space and natural light. The contemporary kitchen is fitted with quality appliances and ample storage, while the generous bedroom includes built-in robes and is serviced by a stylish central bathroom.
Located in one of Melbourne's most connected precincts, you'll enjoy easy access to cafés, restaurants, shopping, entertainment and some of the city's leading universities, all within walking distance.
Apartment Features
- Spacious one-bedroom floorplan
- Brand new carpets to be installed in the living area after the current tenancy ends
- Bright open-plan living and dining area
- Contemporary kitchen with quality appliances
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Property Details for 606/243 Franklin St, Melbourne

606/243 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Amity Real Estate.

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 64,750 properties. Over the last 5 years, Houses in Melbourne have seen a -35.59% decrease in median value, while Units have seen a -1.07% decrease. As at 31 July 2026:

  • The median value for Houses in Melbourne is $1,425,811 while the median value for Units is $438,824.
  • Houses have a median rent of $713 while Units have a median rent of $680.
There are currently 289 properties listed for sale, and 240 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2552 properties were sold in the past 12 months in Melbourne.

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Tina Chauhan
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