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Off Market

1301/87 Franklin Street

Melbourne VIC 3000

2
1
98 m²
Apartment
Last sold for $506,000
David YeDavid Ye, last sold this property on 16 July 2026 after 69 days on market.

Overview

Oversized Loft-Style Living in the Heart of Melbourne CBD

Optional Car Park Available For Sale in the Neighbouring Building Positioned high on Level 13 of the popular Franklin Lofts complex, this oversized two-bedroom loft-style apartment delivers a rare combination of space, natural light and contemporary city living in the heart of Melbourne CBD. Designed across two spacious levels, the apartment offers a unique house-like feel rarely found in inner-city apartments. The soaring void above the living area creates an impressive sense of openness, while full-height windows flood the home with natural sunlight and showcase sweeping urban views across the city skyline. Downstairs features a generous open-plan living and dining zone with timber flooring throughout, flowing seamlessly onto a wide entertainer's balcony perfect for relaxing, entertaining guests or simply enjoying the vibrant city outlook. The modern kitchen is well-appointed with stone benchtops, stainless steel appliances, gas cooking, dishwasher and excellent storage. Upstairs, both bedrooms are privately positioned away from the living space, each fitted with built-in robes and large windows that capture excellent natural light and elevated views. The central bathroom is spacious and functional, while additional features include split-system heating and cooling, European laundry and secure intercom entry. Residents of Franklin Lofts also enjoy premium building facilities including an indoor swimming pool, gymnasium and sauna. Perfectly located moments from Melbourne Central, Queen Victoria Market, RMIT University, University of Melbourne, State Library, Carlton Gardens, renowned cafes, restaurants and free tram zone access, this exceptional residence offers the ultimate convenience of inner-city living right at your doorstep. A rare opportunity to secure a spacious and stylish loft apartment in one of Melbourne's most vibrant CBD locations. Contact David today to arrange your inspection. Disclaimer: The photos and floor plans provided are for reference purposes only. Buyers should conduct their own due diligence and verify all information before making a purchase decision. All staging is for display purposes only and is not included in the sale.

Features

2 bedrooms
1 bathroom
98 m² lot size
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 1301/87 Franklin Street is $550k.

Median value
$550k
Estimated value range
$237k - $3m
Median days on market
47
Estimated value trend
0%
increase 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 1301/87 Franklin Street

2026
Sold
$506,000
Private Sale/Treaty on 16 Jul 2026 by David Ye, of Elite Real Estate on Elizabeth
2021
Sold
Undisclosed
Private Sale/Treaty on 20 Jan 2021
2018
Rented
Undisclosed
Leased on 25 Nov 2018 by Melcorp Real Estate City Central

Happy sellers in Melbourne

86%
86% 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 122 reviews in Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 777 two-bedroom apartments similar to 1301/87 Franklin Street, have been sold.

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

Nearby agents

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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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Dionne Wilson

Sellers who recommend Dionne Wilson have praised them for being clear communication, local expert, honest, responsive, supportive, dedicated and friendly

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Philip Middlemiss

Sellers who recommend Philip Middlemiss have praised them for being local expert, clear communication, responsive, supportive, well-prepared, strategic and reliable

  •   5   (121 reviews)
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Catherine Sheo

Catherine Sheo is a recommended agent for Melbourne.  They have 12 local sales and collected 9 local reviews across the last 12 months.

  •   5   (60 reviews)
  •  9 Reviews in Melbourne
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