Back 826/118 Franklin St
Off Market

826/118 Franklin St

Melbourne VIC 3000

2
1
Apartment
Last sold for $350,000
Michael TorcasioMichael Torcasio, last sold this property on 25 January 2017 after 133 days on market.

Overview

Perfect CBD location!

This is a fantastic opportunity to acquire a light-filled two bedroom apartment with large undercover entertaining terrace and city views! A perfect starter for the home occupier or a strategic acquisition for astute investors, with a track record for consistently low vacancy rates and high rental yields. Securely located on the 8th floor of NOVA apartments, comprising spacious living area with reverse cycle heating and cooling, adjoining tiled kitchen exhibits modern appliances, tiled splash-back and slender breakfast bar. The master bedroom, boasts city views and a large built in robe, while the second bedroom, also features built in robe and provides a secluded work space for the busy professional. A bright tiled bathroom compliments the property with an expansive vanity and hidden European laundry. With the city on your doorstop, a secure intercom entry and serviced reception, this captivating property won't last long. Inspect as advertised or call Michael 0434 351 468 today to book a private viewing. Property Code: 2693

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 826/118 Franklin St is $543.96k.

Median value
$543.96k
Estimated value range
$237k - $3m
Median days on market
47
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 826/118 Franklin St

2021
Rented
Undisclosed
Leased on 07 Jan 2021 by Minus The Agent
2017
Rented
Undisclosed
Leased on 11 Apr 2017 by Galldon Real Estate
2017
Sold
$350,000
25 Jan 2017 by Michael Torcasio, of Galldon Real Estate

Happy sellers in Melbourne

85%
85% 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 124 reviews in Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 775 two-bedroom apartments similar to 826/118 Franklin St, have been sold.

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

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