Sold
608/243 Franklin Street,
Melbourne 3000, Victoria
$336,000
Property Price StatementProperty details
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Agents
Invest or Nest: Sleek City Style with a Massive 8.5% Return!
• Secure lease at $620/week until February 2027
• Open-plan living with bright and airy, flowing to a generous sheltered balcony.
• Floorboards throughout, offering a sleek, low-maintenance lifestyle.
• Contemporary stone kitchen with gas cooking and high-quality appliances.
• Double-glazed windows and split-system climate control.
• Access to a landscaped courtyard, BBQ area, and bike storage.
• Unrivalled CBD location, steps to RMIT, Melbourne Uni, QVM, Flagstaff Gardens and free city trams.
• Move in or lease out immediately with zero fuss.
Welcome to an exceptional entry point into the Melbourne market, perfectly tailored for savvy investors and ambitious first-home buyers alike. Delivering a remarkably rare and lucrative rental yield opportunity of approximately 8%, this turn-key property is the ultimate low-maintenance asset. Whether you are looking to secure a golden return with a reliable long-term tenancy or searching for an effortless, ready-to-enjoy city base, this residence promises immediate appeal and outstanding financial rewards.
Step inside to discover a beautifully refreshed interior, highlighted floorboards through out that flow seamlessly throughout the entire apartment-a stylish and highly practical upgrade. The open-plan living and dining domain is bathed in soft, natural light from its versatile sheltered balcony. Overlooking this inviting space is a contemporary, well-appointed kitchen featuring sleek stone benchtops, quality appliances, ample storage, and gas cooking, making it as functional as it is attractive.
Beyond its striking aesthetics, the home is engineered for everyday comfort and supreme peace of mind. Double-glazed windows ensure a quiet sanctuary above the bustling city, complemented by split-system heating and cooling, modern recessed lighting, and a convenient Euro laundry. Residents are also treated to excellent building facilities designed to enhance the inner-city lifestyle, including secure bike storage, a welcoming communal BBQ area, and a lush, landscaped courtyard.
Positioned perfectly within Melbourne's dynamic CBD grid, the location offers unparalleled walkability and day-to-day convenience. All of the city's best lifestyle destinations are merely moments from your door, including the iconic Queen Victoria Market, RMIT, the University of Melbourne, and the green expanse of Flagstaff Gardens. With the free tram zone, Melbourne Central, and an endless selection of world-class cafés, restaurants, and bars right at your fingertips, this is a highly convenient and versatile real estate opportunity you do not want to miss.
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
Due diligence checklist for home and residential property buyers.
Explore the area
School catchments
- Haileybury College - City Boys Combined Independent 0.38km
- Haileybury College - City Girls Combined Independent 0.38km
- Eltham College - Lonsdale Street Campus Combined Independent 0.44km
- University High School-Londsdale Street Campus Secondary Government 0.48km
- Simonds Catholic College Secondary 7-12 Catholic 0.56km
- Mount Alexander 7-12 College-River Nile Campus Secondary Government 0.69km
- Ozford College Secondary 10-12 Independent 1.0km
- Ozford College - Ozford College Campus Secondary Independent 1.0km
- Stott's Colleges Secondary Independent 1.2km
- Holmes Grammar School Secondary Independent 1.3km
- North Melbourne Primary School Primary Prep-6 Government 1.4km
- Docklands Primary School Primary Prep-6 Government 1.4km
- Carlton Gardens Primary School Primary Prep-6 Government 1.4km
- University High School Secondary 7-12 Government 1.4km
- University High School-Elizabeth Blackburn School of Sciences Secondary Government 1.4km
- North Melbourne Primary School - Molesworth Street Campus Primary Government 1.6km
- Academy of Mary Immaculate Secondary 7-12 Catholic 1.7km
- Docklands Primary School-Bundha Campus Primary Government 1.7km
- SEDA College (Victoria) - The Huddle, North Melbourne Football Club Secondary Independent 1.8km
- Carlton Primary School Primary Prep-6 Government 1.9km
- St Michael's Primary School Primary Prep-6 Catholic 2.1km
- Sacred Heart School Primary Prep-6 Catholic 2.1km
- Victorian College Of The Arts Secondary School Secondary 7-12 Government 2.2km
- South Melbourne Primary School Primary Prep-6 Government 2.2km
- Fitzroy Primary School Primary Prep-6 Government 2.4km
- Carlton North Primary School Primary Prep-6 Government 2.5km
- Collingwood College-Collingwood Alternative School Combined Government 2.7km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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Photos
Floorplan
Contact Ben Vu
Contact Ben Vu
Ben Vu
608/243 Franklin Street, Melbourne VIC 3000
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Ben Vu
608/243 Franklin Street, Melbourne VIC 3000