509/118 Franklin Street, Melbourne, Vic 3000

$265,000 - $290,000

Apartment
Type
1
Bedrooms
1
Bathrooms
1
Parkings

Published on Wednesday, June 03, 2026 ( See property details for 509/118 Franklin Street, Melbourne, Vic 3000)

$265,000 - $290,000

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

This well-presented one-bedroom apartment in Melbourne's vibrant CBD offers low-maintenance living, excellent amenities, and strong investment potential.

🏡 Property Highlights

  • Prime CBD location with walking distance to Queen Victoria Market and Melbourne Central
  • Secure car park included for convenience and peace of mind
  • Low-maintenance apartment with high tenant demand
  • Functional open plan studio layout maximising space
  • Private balcony with natural light and urban outlooks
  • Split-system heating and cooling for year-round comfort

✨ Key Features

  • Outdoor Area / Balcony
  • Secure Parking
  • Open-Plan Living
  • Waterfront / Views
  • Heating
  • Built-in Robes
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Internal Laundry

Melbourne's CBD is renowned for its vibrant lifestyle, excellent public transport, diverse dining options, and proximity to cultural attractions. The area offers a dynamic urban environment ideal for professionals and investors alike. With high walkability and a range of amenities, it provides a convenient and exciting city living experience. The neighbourhood's strong demand for rental properties ensures excellent investment prospects. Its central location makes it perfect for those seeking a cosmopolitan lifestyle with easy access to Melbourne's best offerings.

What is the layout of the apartment?
The apartment features a functional open plan studio layout with designated living, dining, and sleeping zones, complemented by a private balcony.
Does the property include parking?
Yes, the apartment comes with a secure car park included in the purchase.
What amenities are nearby?
The property is within walking distance to Queen Victoria Market, Melbourne Central, RMIT University, cafes, restaurants, and public transport options.
Is the apartment suitable for investment?
Yes, the property has high tenant demand and is considered a low-maintenance asset with strong investment potential.
What climate control features does the apartment have?
The apartment is equipped with split-system heating and cooling for comfort throughout the year.
Are there any upcoming strata or body corporate fees or special levies applicable to this apartment? Have there been any recent repairs or renovations, and are there any known issues with the building or apartment? Are there any restrictions or easements affecting the property? What are the long-term plans for the surrounding area that might impact the property’s value? Is the property compliant with all building codes and regulations, including fire safety standards?

509/118 Franklin Street, Melbourne, Vic 3000 - More Details

$265,000 - $290,000

Type
Apartment
Bedrooms
1
Bathrooms
1
Parkings
1

Price guide

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