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509/118 Franklin Street

Melbourne VIC 3000

1
1
1
Apartment
Currently for sale - view listing

Overview

High Yield Studio Apartment with Highly Desirable Car Park the Heart of the CBD

• Positioned within one of Melbourne's most convenient lifestyle precincts • Functional open plan studio layout • Private balcony with natural light and urban outlooks • Split-system heating and cooling • Secure intercom entry • Secure car park included • Low-maintenance and low outgoings asset with high tenant demand • Walking distance to Queen Victoria Market, Melbourne Central, RMIT University, cafes, restaurants, and public transport Positioned in the heart of Melbourne's vibrant CBD, this well-presented studio apartment at Stargate Apartments delivers low-maintenance living with exceptional convenience and strong investment appeal. Ideally located moments from Queen Victoria Market, RMIT University, Melbourne Central, renowned dining precincts, and multiple public transport options, this is an outstanding opportunity to secure a quality city residence in a highly sought-after location. Thoughtfully designed for comfortable inner-city living, the light-filled studio offers a functional and inviting space complete with room for living, dining, and sleeping zones. Sliding doors open to a private balcony provide airflow and light to flow through the apartment. The property is also fit with a simple kitchen and spacious bathroom. Additional features include split-system heating and cooling, mirrored built-in robes, secure intercom entry and the highly desirable inclusion of a secure car park. Whether you are searching for a first city home, Melbourne base, or a strong-performing investment, this apartment presents an exceptional opportunity in one of Melbourne's most connected lifestyle precincts.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
Apartment

Property history for 509/118 Franklin Street

2015
Sold
$220,000
Private Sale/Treaty on 30 Jun 2015 by Don Gallicchio CEA, of Galldon Real Estate

Happy sellers in Melbourne

83%
83% 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 128 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 608 one-bedroom apartments similar to 509/118 Franklin Street, have been sold.

This represents a 6% increase in one-bedroom apartments sales when compared to the previous 12 months.

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