Back 1306/87 Franklin Street
Off Market

1306/87 Franklin Street

Melbourne VIC 3000

1
1
Apartment
Paul Paul , last sold this property on 29 November 2025 after 89 days on market.

Overview

City Sophistication Across Two Levels

Just off Franklin Street, rising above the vibrant heart of Melbourne's CBD, this contemporary two-level apartment delivers a rare sense of space and privacy in a location that places the very best of the city at your doorstep. Step inside to a secure entry with intercom access before ascending to the main living zone, where timber floors, crisp lines, and natural light create a refined first impression. An inviting open-plan living and dining area extends through sliding doors to a balcony that captures the energy of the city while offering a private retreat above it all. The kitchen pairs practicality with sleek design, appointed with timber flooring, black tiled splashback, Smeg stainless steel appliances, Whether for a quick coffee or a night of entertaining, this space is as stylish as it is functional. Upstairs, a private main suite awaits, a large 4.0*4.5m bedroom complete with built-in robes, plush carpet underfoot, and a bathroom with space for laundry facilities. The dual-level layout offers excellent separation between living and rest zones. Crafted for ease of living, this apartment also provides secure entry, intercom access, and a well-considered layout across two levels ideal for professionals, students, or investors seeking strong returns. Moments from RMIT, Queen Victoria Market, Melbourne Central, Emporium, and Carlton Gardens, with trams and trains within a short stroll, the lifestyle offering is second to none.

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 1306/87 Franklin Street is $345.75k.

Median value
$345.75k
Estimated value range
$39k - $935k
Median days on market
37
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 1306/87 Franklin Street

2025
Sold
Undisclosed
Private Sale/Treaty on 29 Nov 2025 by Paul , of Property Initiatives Real Estate
2023
Rented
Undisclosed
Leased on 10 Aug 2023 by Property Initiatives Real Estate

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 134 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 585 one-bedroom apartments similar to 1306/87 Franklin Street, have been sold.

This represents a 13% increase in one-bedroom apartments sales when compared to the previous 12 months.

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