1703/87 Franklin Street, Melbourne, VIC 3000 sold on 22 August 2025 | OnTheHouse
SOLD
Sold on 22 Aug 2025 for $608,888

1703/87 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 92m2
Sold By
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First National Real Estate Central - Carlton
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Property Details for 1703/87 Franklin St, Melbourne

1703/87 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 92m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
87m2
Land Size
92m2
Local Government
Melbourne
Lot/Plan
1703/PS411688

Last Listing description (October 2025)

This apartment is currently tenanted. Inspection by appointment only.

Introducing an exceptional opportunity to own a double-storey 2-bedroom loft apartment, showcasing a floorplan that is truly one-of-a-kind in Melbourne CBD.

Step into the living room and be captivated by the high ceiling, creating an enviable sense of volume and openness. The ample natural light floods the room, highlighting the stylish finishes and creating a welcoming atmosphere for relaxation and entertainment.

The kitchen is a haven for culinary enthusiasts, featuring a gas cooktop, generous cupboard space, and a layout designed for both functionality and style. Prepare gourmet meals or indulge in casual dining, all within the comforts of your own home.

Venture upstairs to discover a rumpus room or study room plus two generously sized bedrooms.
The large bathroom, in excellent condition, includes laundry facilities, offering convenience and functionality.

Enhancing your lifestyle even further, the building provides access to a communal pool, spa, and sauna, allowing you to unwind and rejuvenate without leaving the premises.

Positioned in the highly sought-after Melbourne University High school zone, you can provide your family with an exceptional education. Plus, a short stroll will lead you to the iconic Queen Victoria Market, where you can indulge in fresh produce, delectable cuisine, and a vibrant atmosphere.

Whether you are seeking a perfect entry-level first home, a pied-a-terre, or a savvy investment opportunity, this property ticks all the boxes. With an array of nearby transportation options, you can easily explore the city and beyond.

Don't miss out on this extraordinary chance to embrace the epitome of urban living in Melbourne CBD's most coveted location. Contact us now to secure your slice of urban paradise!

Estimated annual outgoings:

- OC/strata: $5600
- council: $1500
- water: $600

Property History for 1703/87 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$608,888
22 Aug 2025
Listed for Rent
$650/w
07 Feb 2023
  • 22 Aug 2025
    Sold for $608,888
  • 11 Nov 2024
    Listed for Sale $635,000 Private Sale
  • 13 Jun 2024
    Listed for Rent $700 / week
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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 64,229 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:

  • The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
  • Houses have a median rent of $635 while Units have a median rent of $660.
There are currently 252 properties listed for sale, and 231 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2750 properties were sold in the past 12 months in Melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data
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.