705/87 Franklin St

Off Market

705/87 Franklin St

Melbourne VIC 3000

63 m²

Apartment

Last sold for $380,000

Trent Bonnici, last sold this property on 16 November 2022 after 37 days on market.

Overview

Spacious two-level home in Franklin Lofts Apartments

Situated in the sought-after Franklin Lofts Apartment building, and spanning two spacious contemporary levels, this lock & leave residence is shouting out to city workers, those seeking easy-to-maintain weekend getaway accommodation and even those studying at nearby RMIT. Within walking distance of every conceivable amenity - and with trains and trams readily at hand to take you further afield - this fabulous proposition is ready to love and includes an open plan living/dining and kitchen area which spills outside to a private balcony with city views. The generous upper-level bedroom is carpeted and boasts built-in storage, while the smartly appointed bathroom has the convenience of laundry provisions. Offering substantial storage both upstairs and down, the apartment is equipped with quality kitchen appliances, features chic timber flooring and enjoys the comfort of heating/cooling throughout - a secure basement parking space completes the inclusions, while on-site residents' facilities include a lap pool, gym, sauna and lounge area. Queen Victoria Market is within easy reach for all your day to day needs while the city's incredible array of restaurants, bars, cafes, theatres and shopping destinations create a wonderfully enviable backdrop to daily living.

Features

1 bedroom

1 bathroom

1 carspace

1 garage space

63 m² floor area

63 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 705/87 Franklin St is $355k.

Median value

$355k

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 705/87 Franklin St

2022

Sold

$380,000

16 Nov 2022 by Trent Bonnici, of Ray White Southbank | Melbourne City

2018

Rented

Undisclosed

Leased on 11 Apr 2018 by Little Real Estate | Hawthorn

2012

Sold

Undisclosed

Private Sale/Treaty on 30 Jan 2012

Happy sellers in Melbourne

81%

81% 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 121 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 581 one-bedroom apartments similar to 705/87 Franklin St, 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

(127 reviews)

Get a free market appraisal

Lizzie Zhang

at Forge Real Estate

(14 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 14 local sales and collected 32 local reviews across the last 12 months.

5 (402 reviews)
32 Reviews in Melbourne
14 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)
16 Reviews in Melbourne
29 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