SoldSep 19, 2025

1508/8 Franklin St, Melbourne, VIC, 3000

Amount undisclosed

2
1

Apartment

30+ days on the market

Sold: Sep 19, 2025

What's around 1508/8 Franklin St

Fully Renovated & Turn-Key Apartment | Impressive Gross Yield of 7.7% pa

The Phone Code for this property is: 14110. Please quote this number when phoning or texting. Seize this rare opportunity to secure a high-performing investment in one of Melbourne's most sought-after residential towers - The Milano Apartments. Offering an impressive 7.7% gross yield, this property combines strong rental returns with enduring capital growth potential. Perched high on the 15th floor, this beautifully renovated two-bedroom apartment has been meticulously updated to maximise appeal and minimise ongoing maintenance: Brand new engineered floorboards - sleek and low-maintenance Freshly painted interiors - bright, modern, and tenant-ready New reverse cycle heating/cooling - year-round comfort Stylish new Holland blinds - privacy and light control Double-glazed sliding door - noise reduction and thermal efficiency North-facing balcony - sun-filled and perfect for relaxing Both bedrooms enjoy abundant natural light, with the second bedroom showcasing stunning city views. The smart floor plan includes: Stone finishes in kitchen and bathrooms Dual ensuite access for both bedrooms - ideal for shared tenancies 2.7m ceilings with floor-to-ceiling glazing - enhanced light and space Private balcony - appealing to renters seeking outdoor space Premium resident facilities boost rental demand, including: 25m heated swimming pool, spa, sauna, and fully equipped gym Tennis court, BBQ area, resident kitchen/function space, and 21-seat cinema 24-hour building attendant for security and convenience Prime location ensures consistent tenant interest: Steps from Melbourne Central, QV, Emporium, and Queen Victoria Market Walk to Melbourne University and RMIT - ideal for student tenants Close to trams, trains, dining, and entertainment hubs Whether you're expanding your portfolio or seeking a blue-chip investment, this apartment delivers premium rental yields, low vacancy risk, and strong capital growth prospects - all in a landmark building with enduring tenant appeal.

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