Positioned in the heart of Melbourne CBD, this compact one-bedroom apartment presents an affordable opportunity for investors looking to secure a centrally located property with strong rental potential.
Located at 243 Franklin Street, the apartment is within easy walking distance of Queen Victoria Market, RMIT University, Melbourne Central, Flagstaff Gardens and the city's extensive tram network.
With an expected rental potential of approximately $500 per week, the property offers an attractive gross rental return at this price point.
The apartment features a practical layout with a separate bedroom, bathroom, kitchen and private balcony, making efficient use of its compact footprint.
Property features:
One bedroom
One bathroom
Private balcony
Approx. 25 sqm
Estimated rental potential of approximately $500 per week
Affordable entry point into the Melbourne CBD property market
Walking distance to Queen Victoria Market
Close to RMIT University and Melbourne Central
Easy access to trams, trains, shops, cafés and restaurants
Ideal for investors and cash-rich buyers
For investors seeking a low-entry-price property in a highly convenient CBD location, this apartment is well worth considering.
Disclaimer: Some images have been digitally enhanced and/or virtually staged using AI for presentation purposes, including the addition of bedding, plants and decorative items. These items may not be included with the property. Photos and floor plans are provided for reference purposes only. Buyers should conduct their own due diligence and independently verify all information before making a purchase decision.
