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508/243 Franklin Street, Melbourne, Vic 3000 For Sale
508/243 Franklin Street, Melbourne, Vic 3000 508/243 Franklin Street, Melbourne, Vic 3000-Image 508/243 Franklin Street, Melbourne, Vic 3000-Image 508/243 Franklin Street, Melbourne, Vic 3000-Image 508/243 Franklin Street, Melbourne, Vic 3000-Image 508/243 Franklin Street, Melbourne, Vic 3000-Image 508/243 Franklin Street, Melbourne, Vic 3000-Image 508/243 Franklin Street, Melbourne, Vic 3000-Image 508/243 Franklin Street, Melbourne, Vic 3000-Image 508/243 Franklin Street, Melbourne, Vic 3000-Image 508/243 Franklin Street, Melbourne, Vic 3000-Image 508/243 Franklin Street, Melbourne, Vic 3000-Image 508/243 Franklin Street, Melbourne, Vic 3000-Image 508/243 Franklin Street, Melbourne, Vic 3000-Image 508/243 Franklin Street, Melbourne, Vic 3000-Floorplan

508/243 Franklin Street, Melbourne, Vic 3000

$330,000 - $360,000

Apartment
Type
2
Bedrooms
1
Bathrooms

Published on Wednesday, September 16, 2026 ( See property details for 508/243 Franklin Street, Melbourne, Vic 3000)

$330,000 - $360,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A fully furnished, modern two-bedroom apartment in Melbourne's CBD offering exceptional convenience and flexible living options.

🏡 Property Highlights

  • Fully furnished, move-in-ready apartment in Melbourne's CBD
  • Generous open-plan living and dining area with private balcony
  • Modern kitchen with excellent storage and appliances included
  • Flexible second bedroom suitable as a guest room or home office
  • Split-system heating and cooling for year-round comfort
  • Prime location near Queen Victoria Market, Flagstaff Gardens, and public transport

✨ Key Features

  • Built-in Robes
  • Balcony
  • Dishwasher
  • Open-Plan Living
  • Water tank
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Fully fenced
  • Internal Laundry

Melbourne's northern CBD precinct offers vibrant city living with easy access to Queen Victoria Market, Flagstaff Gardens, and major public transport hubs. Residents enjoy a lively mix of cafés, restaurants, shopping, and parkland, all within walking distance. The area is ideal for professionals, students, and investors seeking convenience and lifestyle. The location provides excellent connectivity to Melbourne's universities and business districts. It’s a dynamic, highly sought-after neighbourhood perfect for both owner-occupiers and tenants.

What are the main lifestyle benefits of living in this Melbourne CBD apartment?
Residents enjoy a vibrant city lifestyle with easy access to shopping, dining, parks, and public transport, all within walking distance of major universities and employment hubs.
Is the apartment suitable for investment purposes?
Yes, the property offers strong rental potential with a high-yield return, supported by recent comparable leases and its prime CBD location.
What appliances are included with the apartment?
The apartment comes fully furnished with a wall-mounted TV, washing machine, dryer, dishwasher, fridge, and microwave.
Does the apartment have climate control features?
Yes, it features split-system heating and cooling for comfort throughout the year.
What security features are in place?
The property includes secure intercom entry, security screens, and gates for added safety.
Are there any upcoming strata or body corporate fees, and what do they cover? Has the property been recently renovated or inspected for structural issues? Are there any restrictions or easements affecting the property? What are the long-term plans for the surrounding area that might impact the property? Is there any history of flooding or bushfire risk in this part of Melbourne? Are there any planned developments or construction projects nearby that could affect living conditions? What are the total ongoing costs, including council rates and strata fees? Is the property compliant with all building and safety regulations? Are there any existing or pending disputes within the strata or with neighbours? What is the history of rental income and occupancy rates for similar units in the building?

508/243 Franklin Street, Melbourne, Vic 3000 - More Details

$330,000 - $360,000

An appealing opportunity to secure an affordable and move-in-ready home in the heart of Melbourne, this fully furnished two-bedroom apartment offers a turnkey lifestyle with generous living space, flexible accommodation and outstanding CBD convenience.

Positioned on Level 5, the apartment features a well-proportioned open-plan living and dining area extending to a private balcony, complemented by hybrid timber-look flooring and a modern kitchen with excellent storage. The spacious main bedroom features extensive built-in robes, while the second bedroom offers valuable flexibility as a single bedroom, guest room or dedicated home office.

Key features include:
- Fully furnished and ready to move in or lease out
- Turnkey opportunity for owner-occupiers, parents purchasing for children, or investors
- Generous open-plan living and dining area
- Private balcony
- Modern kitchen with excellent storage
- Appliances include wall-mounted TV, washing machine, dryer, dishwasher, fridge and microwave
- Spacious main bedroom with built-in robes
- Flexible second bedroom, guest room or home office
- Hybrid timber-look flooring
- Split-system heating and cooling
- Contemporary bathroom
- Secure intercom entry

Set within Melbourne's highly convenient northern CBD precinct, the apartment is moments from Queen Victoria Market and within easy reach of Flagstaff Gardens, Flagstaff Station, Melbourne Central, RMIT University and the University of Melbourne. Enjoy fresh food, cafés, restaurants, shopping, parkland and public transport close to home, with the wider CBD easily accessible on foot or by tram and train.

For buyers looking beyond immediate occupation, the property also presents a compelling investment proposition, with strong rental potential and the convenience of a fully furnished, ready-to-lease apartment. A current rental appraisal, supported by recently leased comparable properties, indicates the potential for a high-yield return and is available upon request.

Whether you're looking to establish your own Melbourne CBD home today or secure a property with strong future rental potential, 508/243 Franklin Street offers flexibility from day one. Contact CT Real Estate today to arrange your inspection or request further information. Contract of Sale and Section 32 available upon request.
Type
Apartment
Bedrooms
2
Bathrooms
1

Price guide

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