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Back 1308/87 Franklin St
Off Market

1308/87 Franklin St

Melbourne VIC 3000

2
1
1
83 m²
0 m²
Apartment
Calvin ZhuCalvin Zhu, last sold this property on 28 December 2025 after 76 days on market.

Overview

New York Loft-Style Living in Unbeatable Location

Accentuating space, depth and natural light at every turn, this loft-style 2-bedroom, 2-level apartment offers a rare opportunity in the CBD. Positioned to perfection on the 13th floor of the tightly held Franklin Lofts complex, venture downstairs and stroll to top-ranking universities, Aldi shopping, transport choice, dining options, Queen Victoria Market, Flagstaff Gardens, Melbourne Central, and brand-new State Library Railway Station. The convenient address is also zoned to sought-after University High and Carlton Gardens Primary Schools. The dual-level design is underpinned by an open-plan layout on the ground floor with air-conditioned space for light-filled living and dining under soaring ceilings. The chef-ready kitchen showcases a marble-topped breakfast bar, an updated dishwasher, and high-quality Smeg appliances including a 4-burner gas cooktop. Always free-flowing, connect with a private balcony enjoying city skyline views, spectacular by day or night. Sunlit and individually heated bedrooms are staged upstairs, serviced by built-in robes and a large bathroom with a walk-in shower, marble-topped vanity, mirrored cabinetry, and laundry capability with a sink. In addition, there is abundant storage under the stairs, while the first floor features a versatile study zone that could also work as a teen retreat, if required. Comprehensive features include secure undercover parking, split-system heating and cooling, Venetian blinds, and stylish timber floorboards. Franklin Lofts is graced with intercom entry, lift service, a building manager, and resort-inspired access to a pool, sauna, and a fully equipped gym. Inspect with confidence! Outgoings: Council Rates: $382.75 per quarter approx. Water Rates: $184.26 per quarter approx. Owners Corporation Fees: $1,062.98 per quarter approx. Potential Rental Income: $770 per week approx. * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
83 m² floor area
0 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 1308/87 Franklin St is $545.68k.

Median value
$545.68k
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 1308/87 Franklin St

2025
Sold
Undisclosed
28 Dec 2025 by Calvin Zhu, of MICM
2018
Rented
Undisclosed
Leased on 18 Jun 2018 by MICM
2018
Rented
Undisclosed
Leased on 13 Jun 2018 by MICM

Happy sellers in Melbourne

80%
80% 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 135 reviews in Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 817 two-bedroom apartments similar to 1308/87 Franklin St, have been sold.

This represents a 11% increase in two-bedroom apartments sales when compared to the previous 12 months.

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