706/118 Franklin StreetMelbourne VIC 3000
Property Details for 706/118 Franklin St, Melbourne
706/118 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 1592m2. While the property is not currently for sale or for rent, it was last sold in May 2020.
Last Listing description (May 2020)
Brilliantly boasting an efficient and effective use of sunlit space on the 7th floor of the celebrated Stargate Apartments residential complex, this 1 bedroom studio retreat is neatly nestled in a fast-growing pocket of the CBD. Head downstairs and stroll to Queen Victoria Market, free city trams, a range of universities, City Loop trains, and Melbourne Central shopping.
Offered for sale fully furnished, discover a tiled entrance leading to a compact kitchen showcasing a Fisher and Paykel fridge, a microwave, and ample preparation and storage space. A deluxe bathroom sparkles and shines with a tiled walk-in shower and a wall-to-wall mirror. Fabulously filled with natural light, the roomy layout seamlessly incorporates open-plan rest and retreat, flowing to a balcony overlooking Franklin Street with energising city skyline views. Take full advantage of double glazing, a welcome addition for noise cancellation and insulation enhancement.
Enjoy mirrored built-in robes, laundry facilities, slimline Venetian blinds and flowing curtains, secure intercom entry, low body corporate fees, and the year-round comfort of split-system heating and cooling. Easy to love, exceptional to live in and effortless to rent out, this property represents real value for keen investors looking for strong returns.
* Photo identification will be required upon entering the property at the inspection time.
* In this time of uncertainty, we are open for business and here to help. Please contact our agent for your personal tour of this home today.
Property History for 706/118 Franklin St, Melbourne, VIC 3000
- 24 May 2020Sold for $220,000
- 13 May 2020Listed for Sale $180,000 - $198,000
- 17 Apr 2007Listed for Sale 125000
Recent sales nearby
See more recent sales nearby/assets/perm/mwzulk77imi6tfho7nqzhhn2q4?signature=093a5fa74cc2ad192f646ffbe2291f26236044a80c30773aba6f77c42116aa43){kind=logo}
0
/assets/perm/amlocvw3yui6ngcxyfdpwnhyra?signature=963fb83be7076471989edcff1f076ba91ad8654bdd88a99feebfce571a646034){kind=logo}
0/assets/perm/ee3a3cadx4i6znetvpud2cvkey?signature=4cccdc4835e8caf2ba257a6740686ffce334c0251b74e2e9f04e7ced242caf27){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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.
Suburb Insights for Melbourne 3000
Market Insights
Melbourne Trends for Houses
N/A
N/A
View TrendN/A
N/A
Melbourne Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
