409/253 Franklin Street, Melbourne, Vic 3000

$340,000 - $360,000

Apartment
Type
2
Bedrooms
1
Bathrooms

Published on Wednesday, September 23, 2026 ( See property details for 409/253 Franklin Street, Melbourne, Vic 3000)

$340,000 - $360,000

Zoey Cheng Senior Residential Sales Executive
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern, well-located CBD apartment offering flexible living options, excellent amenities, and strong rental potential in Melbourne's vibrant heart.

🏡 Property Highlights

  • Prime CBD location with easy access to universities, markets, and public transport
  • Modern apartment with quality appliances and stone benchtops
  • Flexible investment or owner-occupier options with fully furnished tenancy potential
  • Split-system heating and cooling for year-round comfort
  • Access to communal amenities including bike storage and BBQ area
  • Low-maintenance city living with landscaped courtyard and double-glazed windows

✨ Key Features

  • Split-system Heating and Cooling
  • European Laundry
  • Outdoor Area / Balcony
  • Built-in Robes
  • Security Screens / Gates
  • Fly Screens
  • Open-Plan Living
  • Floorboards
  • Built in wardrobes
  • Pet-Friendly

Melbourne's CBD offers vibrant city living with a rich mix of cultural attractions, renowned dining and entertainment options, excellent public transport connectivity, proximity to universities, and lush green spaces like Flagstaff Gardens. The area is ideal for professionals, students, and investors seeking a dynamic urban lifestyle with convenience at their doorstep.

What are the ongoing strata or body corporate fees for this apartment?
The current strata fees are approximately $X per quarter, covering building maintenance, insurance, and communal amenities. Please confirm with the agent for the latest details.
Is the apartment suitable for short-term or holiday rentals?
Yes, the apartment's fully furnished setup and central location make it suitable for short-term rentals, subject to local council regulations and strata bylaws.
What is the condition of the building and apartment?
The apartment is well-presented with modern finishes and has been maintained to a high standard, with recent updates including double-glazed windows and split-system air conditioning.
Are there any upcoming plans for building renovations or developments?
There are no known upcoming developments; however, potential buyers should verify with the strata management or local council for any future plans.
What are the noise levels like in this CBD location?
The apartment benefits from double-glazed windows which help reduce street noise, making it suitable for comfortable city living.
Are there any hidden costs or special levies associated with the strata or building management? Has the building had any recent or upcoming repairs or renovations that could incur additional costs? Are there any restrictions on leasing or subletting the property? Is the property compliant with all building codes and safety regulations? Are there any planned infrastructure projects or developments nearby that could affect the property’s value or living conditions? What is the history of any pest or mold issues in the apartment or building? Are there any easements, zoning restrictions, or covenants affecting the property? What are the flood or bushfire risks in this area? Are there any ongoing disputes within the strata or with neighbours? Is the property suitable for modifications or renovations if desired?

409/253 Franklin Street, Melbourne, Vic 3000 - More Details

$340,000 - $360,000

Perfectly suited to both investors and owner-occupiers, this well-presented apartment offers outstanding flexibility, whether you're looking for a low-maintenance city residence, a fully furnished tenanted home creating steady cashflow perfect for investment or options to vacate tenants for owner occupiers.

Ideally located within Melbourne's vibrant CBD grid, the property places you within easy walking distance of the city's leading universities, steps away from Queen Victoria Market, public transport; Trains, trams and buses, and Flagstaff Garden Park.

Designed for comfortable inner-city living, the apartment features a modern kitchen equipped with quality appliances, stone benchtops, ample cabinetry, and gas cooking. Additional features include double-glazed windows, split-system heating and cooling, recessed lighting, and convenient European laundry. Residents also benefit from access to bike storage, a communal BBQ area, and a landscaped courtyard.

Enjoy the very best of Melbourne at your doorstep, with Queen Victoria Market, Melbourne Central, RMIT University, the University of Melbourne, Flagstaff Gardens, free tram services, and an endless selection of cafés, restaurants, and bars all just moments away.

Offering convenience, comfort, and excellent rental income, this is an exceptional chance to secure a quality apartment in one of Melbourne's most sought-after CBD locations- Franklin Street.

Whilst we endeavour to represent this property information to the best of our knowledge and have no reason to doubt any inaccuracy, this information has been provided to us by the property owner and we therefore accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in any information. We encourage buyers to make their own enquiries and refer you to the due diligence checklist provided by Consumer Affairs for further information: http://www.consumer.vic.gov.au/duediligencechecklist
Type
Apartment
Bedrooms
2
Bathrooms
1

Price guide

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Inspections times

  • Inspection Sat 26 Sep 1:35 pm

    Saturday 26 September
    1:35 pm - 1:55 pm
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