Back 712/87 Franklin Street
Off Market

712/87 Franklin Street

Melbourne VIC 3000

1
1
1
Apartment
Last sold for $405,000
Rakesh HoodaRakesh Hooda, last sold this property on 06 May 2026 after 22 days on market.

Overview

Rare Inner-City Loft Living with the Ultimate CBD Luxury: A Secured Car Park

Discover the perfect blend of style, space, and convenience in the acclaimed Franklin Lofts. This east-facing, one-bedroom loft apartment offers a sophisticated dual-level floorplan that stands out in the heart of Melbourne's CBD. While the soaring ceilings and light-filled interiors are a major draw, the true "unicorn" feature of this property is the included secure undercover car space - a high-value asset that is increasingly rare and highly sought after in city living. The Loft Experience: Step into an open-plan living and dining area featuring sleek timber flooring and floor-to-ceiling windows that flood the home with morning sun. The seamless flow leads to a private undercover balcony, perfect for morning coffee with a backdrop of the city skyline. - Smart Design: A well-appointed modern kitchen with stainless steel appliances and a dishwasher. - Private Retreat: Head upstairs to a generous master bedroom complete with built-in robes and a spacious bathroom featuring integrated laundry facilities. - Comfort & Storage: Reverse cycle heating and cooling, plus clever under-stair storage to keep your sanctuary clutter-free. The Building & Lifestyle: Franklin Lofts is renowned for its resort-style amenities and premium location. Residents enjoy exclusive access to: - A fully equipped gymnasium, lap pool, and sauna. - Secure intercom entry and an on-site building manager for peace of mind. - The Crown Jewel: A secure, remote-access car park on Level 3, providing effortless city commuting or a high-yield addition for savvy investors. Unbeatable Location: Located on the edge of the CBD grid, you are just a short stroll from: - Queen Victoria Market for your fresh daily produce. - RMIT and Melbourne University precincts. - Melbourne Central and the Free Tram Zone for ultimate connectivity. - Flagstaff Gardens, high-end retail, and the city's best hidden laneway bars. ________________________________________ Whether you are a professional seeking a stylish city base with a place to park the car, or an investor looking for a high-demand rental property in a blue-chip location, Unit 712 is an opportunity not to be missed. Contact us today to arrange a private inspection

Features

1 bedroom
1 bathroom
1 carspace
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 712/87 Franklin Street is $350k.

Median value
$350k
Estimated value range
$39k - $935k
Median days on market
36
Estimated value trend
1%
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 712/87 Franklin Street

2026
Sold
$405,000
Private Sale/Treaty on 06 May 2026 by Rakesh Hooda, of Fletchers Glen Eira (Bentleigh)
2022
Sold
Undisclosed
Private Sale/Treaty on 28 Mar 2022 by Rakesh Hooda, of Fletchers Narre Warren

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 130 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 604 one-bedroom apartments similar to 712/87 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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