{"Slug":"apartment-727-118-franklin-street-melbourne-vic-3000","CanonicalUrl":"https://realsearch.com.au/apartment-727-118-franklin-street-melbourne-vic-3000","Address":"727/118 Franklin Street, Melbourne, Vic 3000","Suburb":"Melbourne","State":"VIC","Postcode":"3000","PropertyType":"Apartment","Status":"Sold","Headline":null,"Description":"The Phone Code for this property is: 93969. Please quote this number when phoning or texting.Selling Price: $255,000 to $265,000Address: 727/118 Franklin Street, Melbourne, VIC 3000Specs: 1 Bedroom | 1 Bathroom | Private BalconyProperty is currently vacant Lease is estimated between 500 to 550 per week for a furnished apartment and generating approximatly about 10 percent gross yieldUnbeatable Location Meets Low-Maintenance LuxuryPositioned in the bustling heart of Melbourne's vibrant CBD, this modern one-bedroom apartment delivers the ultimate urban lifestyle for owner-occupiers or a high-performing asset for savvy investors. Situated within the sought-after \"Nova Stargate\" complex, the residence pairs effortless city convenience with bright, functional design. Property Features•\tLight-Filled Living: Open-plan living and dining area featuring split-system heating and cooling, opening directly onto a private balcony with elevated westerly views. •\tSleek Kitchen: Streamlined, modern kitchen layout equipped with quality gas appliances, oven, dishwasher, and ample cabinetry storage. •\tSpacious Bedroom: Comfortably proportioned master bedroom complete with generous built-in wardrobes. •\tCentral Bathroom & Laundry: Stylish tiled bathroom featuring a mirror vanity, large shower, and discrete European laundry space. •\tSecure Building Access: Secure fob entry, intercom access, CCTV security, and lift services. Prime Location & Connected LifestyleNestled within Melbourne's Free Tram Zone, every city amenity is right at your doorstep:Key Landmark\tDistance / AccessQueen Victoria Market\t150m (2-minute walk)RMIT University\t400m (5-minute walk)Melbourne Central Station & Shops\t400mFlagstaff Gardens\t500mUniversity of Melbourne\t850mWhether you are looking to secure a low-maintenance city pad, a student home, or a steady rental return in a high-demand location, 727/118 Franklin Street offers an exceptional opportunity. Contact us today to arrange an inspection! Limited Units Available.Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"$243,300"},"Bedrooms":"1","Bathrooms":"1","Parking":null,"Features":[{"Name":"Bedrooms","Value":"1"},{"Name":"Bathrooms","Value":"1"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-37.80834412,"Longitude":144.95901442,"Agent":null,"Agency":{"Name":"For Sale By Owner                ","CanonicalUrl":"https://realsearch.com.au/agency/for-sale-by-owner"},"CreatedAt":"2026-08-28T08:45:17.2987976","UpdatedAt":"2026-09-23T10:14:46.1166667"}