1504A/8 Franklin StreetMelbourne VIC 3000
Property Details for 1504a/8 Franklin St, Melbourne
1504a/8 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2007. The property has a land size of 4077m2.
Last Listing description (July 2022)
In one of Melbourne's most pursued locations, harbouring the Queen Victoria Market, Melbourne Central, The State Library, Carlton Gardens, Public Transport & more! This 2 bedroom apartment makes for the perfect opportunity for any investor.
Upon entering this stunning 2 bedroom apartment, you'll find a sleek stone kitchen with stainless steel appliances. Inside each of the bedrooms there are mirrored built-in robes with dual ensuite entry. Included you'll find the European laundry for washer/dryer needs. To keep warm in winter and cool in the summer there is reverse cycle heating & cooling along with an additional split system. It also comes with secure intercom entry.
The Milano Complex also offers their residents a gymnasium, indoor heated pool, spa and sauna, tennis courts and BBQ area. They can also unwind in the cinema or club lounge.
To summarise:
- BBQ Area
- Spa
- Sauna
- Heated Pool
- Tennis court
- Cinema
- Club lounge
This investment offering 6% ROI is PERFECT. Contact myself today for a private inspection!
Property History for 1504a/8 Franklin St, Melbourne, VIC 3000
- 04 Jul 2022Listed for Sale CONTACT AGENT
Recent sales nearby
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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 64,234 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:
- The median value for Houses in Melbourne is $1,808,781 while the median value for Units is $436,528.
- Houses have a median rent of $650 while Units have a median rent of $675.
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