702/253 Franklin StreetMelbourne VIC 3000
Property Details for 702/253 Franklin St, Melbourne
702/253 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 1660m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in April 2024.
Last Listing description (March 2025)
* Photo has been virtual staged.
Showcasing the warmth of northern light, this fully furnished 2 bedroom apartment stands out from the crowd as an affordable choice for city professionals and a winning investment with exceptional short-stay accommodation potential. Footsteps from the lush greenery of Flagstaff Gardens and directly facing the iconic Queen Victoria Market, head downstairs and walk to the legal precinct, Hardware Lane alfresco eateries, Asian supermarkets, universities, free city trams and Flagstaff and Melbourne Central trains. This is the life!
Spacious open-plan living and dining is underpinned by a streamlined kitchen featuring stone surfaces, a tiled splashback and stainless-steel appliances including a dishwasher. Perched on the seventh floor of the mid-rise Infinity 8 complex, step outside to a north-facing balcony with panoramic views overlooking Queen Victoria Market, Flagstaff Gardens and the striking city skyline. Enjoy a pair of bedrooms with the main offering built-in robes, while the other would also work well as a home office if required. The deluxe bathroom is graced with a fully tiled shower area, a wall-to-wall mirror and laundry capability with a trough.
The furniture on display includes a Fisher and Paykel fridge/freezer, a Samsung microwave, an Electrolux washing machine, a wall-mounted dryer, a dining table with four chairs, a handy desk and chair, and so much more! Take advantage of split-system heating and cooling, roller blinds, video intercom entry, and private access to a shared BBQ terrace. Inspect with confidence!
Outgoings:
Council Rates: $223.00 per quarter approx.
Water Rates: $150.00 per quarter approx.
Owners Corporation Fees: $1,397.00 per quarter approx.
* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.
Property History for 702/253 Franklin St, Melbourne, VIC 3000
- 04 Apr 2024Sold for $390,000
- 01 Apr 2024Listed for Rent $620 / week
- 22 Jan 2024Listed for Sale $390,000
Recent sales nearby
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0About 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.
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