608/243 Franklin Street, Melbourne, Vic 3000-Image

For Sale

608/243 Franklin Street, Melbourne, Vic 3000

608/243 Franklin Street, Melbourne, Vic 3000

$350,000 - $380,000

Apartment

Type

Bedrooms

Bathrooms

Published on Monday, May 11, 2026 ( See property details for 608/243 Franklin Street, Melbourne, Vic 3000)

$350,000 - $380,000

View the agent price guide.

Ben Vu - Real Estate Agent - Ray White Southbank & Port Phillip

Ben Vu Sales Associate to Michael Pastrikos

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AI Property Insight

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

A stylish, low-maintenance CBD apartment offering exceptional rental yield, modern amenities, and unbeatable walkability in Melbourne's vibrant city centre.

🏡 Property Highlights

Exceptional rental yield of approximately 8.5% for investors
Open-plan living with bright, airy flow to a generous sheltered balcony
Floorboards throughout for a sleek, low-maintenance lifestyle
Contemporary stone kitchen with high-quality appliances and gas cooking
Double-glazed windows and split-system climate control for comfort
Prime CBD location near RMIT, Melbourne Uni, QVM, and Flagstaff Gardens

✨ Key Features

Open-Plan Living
Balcony
Built-in Robes
Dishwasher
Fly Screens
Security Screens / Gates
Split-System Heating and Cooling
Outdoor Area / Balcony
Open-Plan Living
Waterfront / Views

Suburb and Property Insights of Melbourne, VIC 3000

Melbourne's CBD offers an unparalleled lifestyle with its vibrant mix of cultural attractions, world-class dining, and green spaces. Key points include: prime walkability to universities and markets, excellent public transport options, a thriving arts and entertainment scene, diverse dining experiences, and a strong investment market with high rental yields.

Frequently Asked Questions

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 facilities.

Is the apartment suitable for both investors and first-home buyers?

Yes, the property offers a high rental yield ideal for investors and a move-in-ready condition perfect for first-home buyers.

What are the nearby amenities and lifestyle attractions?

The apartment is within walking distance to Queen Victoria Market, RMIT, Melbourne University, Flagstaff Gardens, and numerous cafes, restaurants, and bars.

Are there any upcoming developments or planning activities in the area?

There are no known major developments currently planned that would impact the property, but prospective buyers should verify with local council for the latest information.

What is the condition of the building and the apartment?

The apartment has been recently refreshed with modern finishes, including floorboards and contemporary kitchen appliances, ensuring a well-maintained condition.

What to ask about this property to agent?

Are there any special levies or upcoming maintenance costs expected for the building? Has the property been inspected for any structural issues or defects? Are there any restrictions or easements affecting the property? What are the zoning regulations and potential for future development in the area? Is the property located in a flood or bushfire-prone zone? Are there any planned construction projects nearby that could impact noise or views? What are the details of the strata or body corporate management and fees? Are there any ongoing disputes or issues within the building or complex? Is the property compliant with all building codes and regulations? What are the terms of the lease if the property is currently tenanted?

608/243 Franklin Street, Melbourne, Vic 3000 - More Details

$350,000 - $380,000

Type: Apartment
Bedrooms: 2
Bathrooms: 1
House Size: 45 m²

Price guide

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608/243 Franklin Street, Melbourne, Vic 3000 - Point Of Interest

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Your Commute at a Glance: 608/243 Franklin Street, Melbourne, Vic 3000

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