701/253 Franklin Street

Off Market

701/253 Franklin Street

Melbourne VIC 3000

25 m²

Apartment

Last sold for $222,500

Kay Lim, last sold this property on 03 August 2023 after 21 days on market.

Overview

Contemporary City Lifestyle

A convenient, fully renovated, low-maintenance lifestyle can be yours in this stylish modern studio apartment situated in a highly sought-after location directly opposite the Queen Victoria Markets. This is inner-city living at its best with your choice of cafes, restaurants, and entertainment venues right at your doorstep! You'll be comfortable all year round with air-conditioning to heat and cool the home and large floor-to-ceiling sliding doors that lead outside to allow lots of natural light to flow into the living area. The balcony has space for an outdoor setting where you can relax and unwind and the unit has a sliding divider door to provide added privacy. The compact well-designed kitchen has lots and cupboards and bench space for prepping food, stainless steel appliances, and a gas cooktop. Plus, there is a neatly contained European-style laundry and storage cupboards. The secure building has intercom access and is ideally placed close to public transport. It's the perfect CBD base just minutes away from RMIT, the University of Melbourne, Bourke Street Mall, and Southern Cross Station and you can stroll through Flagstaff Gardens at the end of the block. This neat, low-maintenance unit offers an excellent inner-city lifestyle and represents an incredible investment opportunity. Why not make an enquiry today! Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Features

1 bedroom

1 bathroom

25 m² lot size

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 701/253 Franklin Street is $356k.

Median value

$356k

Estimated value range

$39k - $935k

Median days on market

Estimated value trend

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 701/253 Franklin Street

2025

Rented

Undisclosed

Leased on 10 Sep 2025 by Areal Property Box Hill

2024

Rented

Undisclosed

Leased on 15 Sep 2024 by Melbourne Property Managers

2023

Sold

$222,500

03 Aug 2023 by Kay Lim, of Areal Property Box Hill

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 115 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 575 one-bedroom apartments similar to 701/253 Franklin Street, have been sold.

This represents a 21% increase in one-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Melbourne for a free market appraisal.

Annamaria Stella

at Twig Real Estate

(402 reviews)

Get a free market appraisal

Dionne Wilson

at Harcourts Melbourne City

4.9

(243 reviews)

Get a free market appraisal

Philip Middlemiss

at Re-define Real Estate

(129 reviews)

Get a free market appraisal

Lizzie Zhang

at Forge Real Estate

(15 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Melbourne

Annamaria Stella

Annamaria Stella is an award winning recommended agent for Melbourne. They have 13 local sales and collected 32 local reviews across the last 12 months.

5 (402 reviews)
32 Reviews in Melbourne
13 Sales in Melbourne

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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

4.9 (243 reviews)
15 Reviews in Melbourne
28 Sales in Melbourne

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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