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309/243 Franklin Street

Melbourne VIC 3000

1
1
27 m²
Apartment
Currently for sale - view listing

Overview

A Smart City Base with Your Own Private Balcony

Enjoy the convenience of having Melbourne at your doorstep, where morning coffees, fresh market produce, local restaurants and public transport are all part of everyday life. Positioned at 243 Franklin Street, this compact one-bedroom apartment offers a practical, low-maintenance lifestyle in a well-connected CBD location. Inside, the thoughtfully arranged floorplan makes efficient use of the available space. The living area provides a comfortable setting to relax, dine or work from home, with sliding glass doors opening onto a private balcony. This outdoor space offers a welcome extension to the apartment, providing somewhere to step outside and enjoy a little fresh air. The streamlined kitchen features a contemporary white finish, mirrored splashback, gas cooktop, dishwasher and practical cabinetry. Its integrated design keeps everyday essentials within easy reach while maintaining a clean, uncluttered appearance. The separate bedroom offers a dedicated space to unwind, with frosted glass sliding panels providing separation from the living area. A central bathroom features a shower, modern vanity and built-in shelving, while a concealed laundry space adds further everyday convenience. Split-system heating and cooling in the living area ensures comfort throughout the seasons. Location is a genuine highlight. With Queen Victoria Market, Melbourne Central, Flagstaff Gardens and the city's extensive tram network close by, everything from grocery shopping to weekend dining is easy to enjoy. RMIT University, the University of Melbourne and the CBD's shopping and entertainment precincts are also within easy reach, making this an appealing address for students, professionals and city-based residents. With approximately 27sqm of internal space, a separate bedroom and the added benefit of a private balcony, this apartment offers an accessible entry into Melbourne's property market. Whether you're a first home buyer looking for a convenient city base or an investor seeking a centrally located property, it's an opportunity to enjoy the benefits of inner-city living. Property Highlights - One-bedroom apartment in a central Melbourne CBD location - Private balcony accessed from the living area - Practical living space with room for dining or working from home - Streamlined kitchen with gas cooktop and dishwasher - Contemporary white cabinetry and mirrored splashback - Separate bedroom with frosted glass sliding panels - Central bathroom with shower and built-in shelving - Concealed laundry facilities - Split-system heating and cooling - Convenient access to Queen Victoria Market, Melbourne Central and Flagstaff Gardens - Close to public transport, universities, shopping and dining Outgoings - Owners Corporation Fees: $3,560 per annum - Council Rates: $725 per annum - Water Rates: $705 per annum Rental Estimate - $460 per week

Features

1 bedroom
1 bathroom
27 m² floor area
Apartment

Property history for 309/243 Franklin Street

2026
Rented
Undisclosed
Leased on 22 May 2026 by Inner Real Estate NextRE
2025
Rented
Undisclosed
Leased on 27 May 2025 by Inner Real Estate NextRE

Happy sellers in Melbourne

82%
82% 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 116 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 573 one-bedroom apartments similar to 309/243 Franklin Street, have been sold.

This represents a 20% increase in one-bedroom apartments sales when compared to the previous 12 months.

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