1018/118 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 1592m2 and floor size of 73m2.
This is what CBD apartment living is about
This superb penthouse apartment occupies a prized position within an established high class building on the cusp of the city, steps from Queen Victoria Market. Capturing an uninterrupted outlook across The Queen Victoria Market towards the picturesque flagstaff gardens, it presents elegantly appointed interiors and deluxe alfresco entertaining in private surrounds. Modern and low-maintenance, this outstanding property boasts sought-after security and impressive residents' facilities. Along with an undercover secure car space. It is also located close to RMIT University, Melbourne University, transport options, tennis courts and all that the CBD has to offer. With amazingly low body corp fees of approx $2609 per year this is perfect for first home buyers or investors. At the heart of the apartment is a large living and dining area with a Juliet balcony overlooking the markets below. Nearby is a sleek granite kitchen with a stainless steel De Longhi oven and an induction cooktop. Upstairs is a plush king-size master suite, filled with natural light. It has mirrored built-ins, a marble ensuite including a shower over a full spa bath and a huge sun-soaked entertaining terrace enjoying the far-reaching views. Accommodation is completed by a downstairs bedroom with mirrored built-ins and a two-zone marble bathroom. Features include a European laundry, ducted heating and cooling, under-stair storage, floating floors, high ceilings and neutral tones. In addition, the building provides a reception area, video intercom, swipe card security, lift access as well as a residents' fitness centre, sauna and spa on the penthouse floor.
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 64,229 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:
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