712/87 Franklin StreetMelbourne VIC 3000
Property Details for 712/87 Franklin St, Melbourne
712/87 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 62m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.
Last Listing description (June 2026)
Discover the perfect blend of style, space, and convenience in the acclaimed Franklin Lofts. This east-facing, one-bedroom loft apartment offers a sophisticated dual-level floorplan that stands out in the heart of Melbournes CBD. While the soaring ceilings and light-filled interiors are a major draw, the true "unicorn" feature of this property is the included secure undercover car space - a high-value asset that is increasingly rare and highly sought after in city living.
The Loft Experience:
Step into an open-plan living and dining area featuring sleek timber flooring and floor-to-ceiling windows that flood the home with morning sun. The seamless flow leads to a private undercover balcony, perfect for morning coffee with a backdrop of the city skyline.
- Private Retreat: Head upstairs to a generous master bedroom complete with built-in robes and a spacious bathroom featuring integrated laundry facilities.
- Comfort & Storage: Reverse cycle heating and cooling, plus clever under-stair storage to keep your sanctuary clutter-free.
The Building & Lifestyle:
Franklin Lofts is renowned for its resort-style amenities and premium location. Residents enjoy exclusive access to:
- A fully equipped gymnasium, lap pool, and sauna.
- Secure intercom entry and an on-site building manager for peace of mind.
- The Crown Jewel: A secure, remote-access car park on Level 3, providing effortless city commuting or a high-yield addition for savvy investors.
Unbeatable Location:
Located on the edge of the CBD grid, you are just a short stroll from:
- Queen Victoria Market for your fresh daily produce.
- RMIT and Melbourne University precincts.
- Melbourne Central and the Free Tram Zone for ultimate connectivity.
- Flagstaff Gardens, high-end retail, and the citys best hidden laneway bars.
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Whether you are a professional seeking a stylish city base with a place to park the car, or an investor looking for a high-demand rental property in a blue-chip location, Unit 712 is an opportunity not to be missed.
Contact us today to arrange a private inspection
Property History for 712/87 Franklin St, Melbourne, VIC 3000
- 05 May 2026Sold for $405,000
- 13 Apr 2026Listed for Sale $390,000-$420,000
- 28 Mar 2022Sold for $200,000
Recent sales nearby
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0About Melbourne 3000
The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the 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 64,382 properties. Over the last 5 years, Houses in Melbourne have seen a 1.23% increase in median value, while Units have seen a -5.07% decrease. As at 31 May 2026:
- The median value for Houses in Melbourne is $1,426,624 while the median value for Units is $434,769.
- Houses have a median rent of $718 while Units have a median rent of $680.
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