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Off Market

1114/87 Franklin St

Melbourne VIC 3000

2
1
Apartment
Last sold for $565,000
Jarryd HatfieldJarryd Hatfield, last sold this property on 06 March 2026 after 87 days on market.

Overview

Lofty Dual-Level Living in the Heart of the CBD

Step into big, bold and effortlessly modern living with this light-filled dual-level apartment in the iconic Franklin Lofts. Perfectly positioned in the bustling university precinct, this unique home boasts an impressive two-storey floor plan with soaring double-height ceilings-an architectural rarity that continues to attract strong interest from Owner Occupiers and Investors alike. Securely set within a highly regarded building, residents enjoy peace of mind with an on-site building manager and exclusive access to premium facilities including a pool, gym and sauna. Throughout the apartment, refined marble finishes elevate the contemporary aesthetic, while polished floors, expansive picture windows and a fresh white palette deliver undeniable style. The generous layout opens into a spacious living and dining area, seamlessly connected to a sleek kitchen featuring a sweeping benchtop, Smeg stainless-steel appliances and excellent cabinetry. This entire zone extends to a full-width balcony capturing charming heritage views across the Melbourne City Baths and RMIT-an ideal spot for morning coffee or evening entertaining. Thoughtful touches continue with valuable under-stair storage and impressive double-height windows upstairs, framing city vistas from both bedrooms. One bedroom enjoys a striking mezzanine design with an open void, while each features substantial built-in robes. The oversized bathroom is positioned at the top of the staircase and includes large vanity and integrated laundry. With split-system heating and cooling plus unrivalled access to trams, Melbourne Central, QV, shopping, cafés and dining, this is urban living at its most exciting. Whether you're entertaining indoors or out, this standout apartment delivers the ultimate CBD lifestyle.

Features

2 bedrooms
1 bathroom
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 1114/87 Franklin St is $545.19k.

Median value
$545.19k
Estimated value range
$230k - $2.95m
Median days on market
48
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1114/87 Franklin St

2026
Sold
$565,000
Private Sale/Treaty on 06 Mar 2026 by Jarryd Hatfield, of Melcorp Real Estate City Central
2014
Sold
$490,000
Private Sale/Treaty on 07 Feb 2014 by Robert Eggers, of Dingle Partners

Happy sellers in Melbourne

84%
84% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 132 reviews in Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 820 two-bedroom apartments similar to 1114/87 Franklin St, have been sold.

This represents a 8% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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Dionne Wilson

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Annamaria Stella

Annamaria Stella is an award winning recommended agent for Melbourne.  They have 14 local sales and collected 19 local reviews across the last 12 months.

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Philip Middlemiss

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Catherine Sheo

Catherine Sheo is a recommended agent for Melbourne.  They have 11 local sales and collected 8 local reviews across the last 12 months.

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