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509/118 Franklin Street,
Melbourne 3000, Victoria

1 bedroom
1 bathroom
1 car space
1,592m² land size
Apartment

$245,000

Property Price Statement

Property details

High Yield Studio Apartment with Highly Desirable Car Park the Heart of the CBD

• Positioned within one of Melbourne's most convenient lifestyle precincts
• Functional open plan studio layout
• Private balcony with natural light and urban outlooks
• Split-system heating and cooling
• Secure intercom entry
• Secure car park included
• Low-maintenance and low outgoings asset with high tenant demand
• Walking distance to Queen Victoria Market, Melbourne Central, RMIT University, cafes, restaurants, and public transport

Positioned in the heart of Melbourne's vibrant CBD, this well-presented studio apartment at Stargate Apartments delivers low-maintenance living with exceptional convenience and strong investment appeal. Ideally located moments from Queen Victoria Market, RMIT University, Melbourne Central, renowned dining precincts, and multiple public transport options, this is an outstanding opportunity to secure a quality city residence in a highly sought-after location.

Thoughtfully designed for comfortable inner-city living, the light-filled studio offers a functional and inviting space complete with room for living, dining, and sleeping zones. Sliding doors open to a private balcony provide airflow and light to flow through the apartment. The property is also fit with a simple kitchen and spacious bathroom. Additional features include split-system heating and cooling, mirrored built-in robes, secure intercom entry and the highly desirable inclusion of a secure car park.

Whether you are searching for a first city home, Melbourne base, or a strong-performing investment, this apartment presents an exceptional opportunity in one of Melbourne's most connected lifestyle precincts.

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.

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Explore the area


School catchments

  • Eltham College - Lonsdale Street Campus Combined Independent 0.51km
  • Haileybury College - City Boys Combined Independent 0.61km
  • Haileybury College - City Girls Combined Independent 0.61km
  • Carlton Gardens Primary School Primary Prep-6 Government 1.2km
  • North Melbourne Primary School Primary Prep-6 Government 1.3km

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.


Find out how much home loan repayments will be

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