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Back 708/243 Franklin Street
Off Market

708/243 Franklin Street

Melbourne VIC 3000

2
1
Apartment
Last sold for $356,000
Kay LimKay Lim, last sold this property on 02 March 2026 after 94 days on market.

Overview

Contemporary CBD Residence with Investment Opportunity

This apartment represents an exceptional opportunity for both investors and owner-occupiers, offering solid rental prospects and multiple flexible occupancy options. Whether you're seeking a secure long-term tenancy, an effortless city base, or a furnished CBD residence ready to move straight into, this turn-key home delivers immediate appeal. Positioned in Melbourne's dynamic CBD grid, the property provides unrivalled walkability and day-to-day convenience. The contemporary kitchen is well appointed with quality appliances, ample storage, stone benchtops and gas cooking, making it as functional as it is stylish. The open-plan living and dining area is enhanced by soft natural light from the south-facing orientation, flowing seamlessly to a generous enclosed balcony, brand new carpet & fresh painted Additional highlights include double glazing, split-system heating/cooling, recessed lighting and a Euro laundry. Residents also enjoy access to bike storage, a communal BBQ area and a landscaped courtyard. All of Melbourne's best attractions are moments away-Queen Victoria Market, RMIT, the University of Melbourne, Flagstaff Gardens, free trams, Melbourne Central and an endless selection of cafés, restaurants and bars. This is an outstanding opportunity to secure a versatile, well-positioned and highly convenient CBD residence. Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Prospective purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs Victoria. Click on the link for a copy of the due diligence check-list from Consumer Affairs Victoria. http://www.consumer.vic.gov.au/duediligencechecklist

Features

2 bedrooms
1 bathroom
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 708/243 Franklin Street is $545.6k.

Median value
$545.6k
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 708/243 Franklin Street

2026
Sold
$356,000
02 Mar 2026 by Kay Lim, of Areal Property Box Hill
2024
Rented
Undisclosed
Leased on 03 Oct 2024 by Areal Property Box Hill
2022
Rented
Undisclosed
Leased on 09 Sep 2022 by Areal Property Box Hill

Happy sellers in Melbourne

84%
84% 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 133 reviews in Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 813 two-bedroom apartments similar to 708/243 Franklin Street, have been sold.

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

Nearby agents

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Dionne Wilson

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Annamaria Stella

Annamaria Stella is an award winning recommended agent for Melbourne.  They have 13 local sales and collected 19 local reviews across the last 12 months.

  •   5   (380 reviews)
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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 honest

  •   5   (113 reviews)
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Catherine Sheo

Catherine Sheo is a recommended agent for Melbourne.  They have 11 local sales and collected 8 local reviews across the last 12 months.

  •   4.9   (56 reviews)
  •  8 Reviews in Melbourne
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