803A/8 Franklin Street, Melbourne, VIC 3000 sold on 30 October 2025 | OnTheHouse
 
SOLD
Sold on 30 Oct 2025 for $455,000

803A/8 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 65m2
Land area: 4077m2
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Sold By
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Eamon Chau
Melcorp Real Estate
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Property Details for 803a/8 Franklin St, Melbourne

803a/8 Franklin St, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 4077m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2007
Floor Size
65m2
Land Size
4077m2
Local Government
Melbourne
Lot/Plan
803A/PS512424

Last Listing description (January 2026)

Greeted by a lavish white Italianate foyer, soaring ceilings, and amenities that are consistent with 5-star hotels, Milano apartments are a cut above the rest.

Admire the beauty of Melbourne's stunning cityscape up on the 8th floor. Full-height windows emanate a fantastic sense of space and light filtering throughout each room of the residence, which extends to the master bedroom and broad balcony. In addition to the gleaming stone bench kitchen with stainless steel appliances, the property is also equipped with two large ensuite bathrooms with quality fixtures, as well as two double bedrooms both with built-in robes.

The serviced apartment offers guests to enjoy an indoor lap pool, spa, sauna, a large gymnasium, tennis court, cinema, alfresco zones, BBQ areas and lounge with kitchen facilities.

Surrounded by a vibrant lifestyle day and night, take your pick from great entertainment, shopping precincts, and well renowned restaurants at your door step.

Rental estimate $2,718 pcm / $32,623 pa
Lease ending 24th of January 2027 with option
Estimated return: 7% per annum
Increase: Yearly CPI

Milano Service Apartments Covers: repair & maintenance cost Owner's Cover: All outgoings including owner's corporation, council & water rates. ** This property is for the astute investor only - not for owner occupation** Inspection by appointment only, please contact Jarryd on 045 233 7803

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Property History for 803a/8 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$455,000
30 Oct 2025
  • 30 Oct 2025
    Sold for $455,000
  • 24 Sep 2025
    Listed for Sale $475,000 - $495,000
  • 06 Jun 2025
    Listed for Sale $475,000 - $495,000 offers invited
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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 64,321 properties. Over the last 5 years, Houses in Melbourne have seen a 51.77% increase in median value, while Units have seen a -4.12% decrease. As at 31 January 2026:

  • The median value for Houses in Melbourne is $2,008,911 while the median value for Units is $433,734.
  • Houses have a median rent of $650 while Units have a median rent of $675.
There are currently 255 properties listed for sale, and 177 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2772 properties were sold in the past 12 months in Melbourne.

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