705/87 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 1957m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in July 2013.
Situated in the sought-after Franklin Lofts Apartment building, and spanning two spacious contemporary levels, this lock & leave residence is shouting out to city workers, those seeking easy-to-maintain weekend getaway accommodation and even those studying at nearby RMIT.
Within walking distance of every conceivable amenity - and with trains and trams readily at hand to take you further afield - this fabulous proposition is ready to love and includes an open plan living/dining and kitchen area which spills outside to a private balcony with city views.
The generous upper-level bedroom is carpeted and boasts built-in storage, while the smartly appointed bathroom has the convenience of laundry provisions. Offering substantial storage both upstairs and down, the apartment is equipped with quality kitchen appliances, features chic timber flooring and enjoys the comfort of heating/cooling
Queen Victoria Market is within easy reach for all your day to day needs while the city's incredible array of restaurants, bars, cafes, theatres and shopping destinations create a wonderfully enviable backdrop to daily living.
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 64,235 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:
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