1301/87 Franklin Street, Melbourne, VIC 3000 sold on 16 July 2026 | OnTheHouse
SOLD
Sold on 16 Jul 2026 for $506,000

1301/87 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 83m2
Land area: 98m2
Sold By
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Elite Real Estate On Elizabeth Street
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Property Details for 1301/87 Franklin St, Melbourne

1301/87 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 98m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
83m2
Land Size
98m2
Local Government
Melbourne
Lot/Plan
1301/PS411688

Last Listing description (August 2026)

Optional Car Park Available For Sale in the Neighbouring Building

Positioned high on Level 13 of the popular Franklin Lofts complex, this oversized two-bedroom loft-style apartment delivers a rare combination of space, natural light and contemporary city living in the heart of Melbourne CBD.

Designed across two spacious levels, the apartment offers a unique house-like feel rarely found in inner-city apartments. The soaring void above the living area creates an impressive sense of openness, while full-height windows flood the home with natural sunlight and showcase sweeping urban views across the city skyline.

Downstairs features a generous open-plan living and dining zone with timber flooring throughout, flowing seamlessly onto a wide entertainers balcony perfect for relaxing, entertaining guests or simply enjoying the vibrant city outlook. The modern kitchen is well-appointed with stone benchtops, stainless steel appliances, gas cooking, dishwasher and excellent storage.

Upstairs, both bedrooms are privately positioned away from the living space, each fitted with built-in robes and large windows that capture excellent natural light and elevated views. The central bathroom is spacious and functional, while additional features include split-system heating and cooling, European laundry and secure intercom entry. Residents of Franklin Lofts also enjoy premium building facilities including an indoor swimming pool, gymnasium and sauna.

Perfectly located moments from Melbourne Central, Queen Victoria Market, RMIT University, University of Melbourne, State Library, Carlton Gardens, renowned cafes, restaurants and free tram zone access, this exceptional residence offers the ultimate convenience of inner-city living right at your doorstep.

A rare opportunity to secure a spacious and stylish loft apartment in one of Melbournes most vibrant CBD locations. Contact David today to arrange your inspection.

Disclaimer: The photos and floor plans provided are for reference purposes only. Buyers should conduct their own due diligence and verify all information before making a purchase decision. All staging is for display purposes only and is not included in the sale.

Property History for 1301/87 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$506,000
16 Jul 2026
Listed for Rent
$571/w
23 Nov 2018
  • 16 Jul 2026
    Sold for $506,000
  • 26 Feb 2026
    Listed for Sale $540,000-$560,000
  • 01 Sep 2019
    Sold for $591,000
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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 64,791 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 284 properties listed for sale, and 292 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2406 properties were sold in the past 12 months in Melbourne.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.