509/118 Franklin Street, Melbourne, VIC, 3000 - Apartment Sold on 06 07 2026

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Melbourne

SoldJul 6, 2026

509/118 Franklin Street, Melbourne, VIC, 3000

$245,000

1592 m²

Apartment

•

30+ days on the market

Sold: Jul 6, 2026

What's around 509/118 Franklin Street

High Yield Studio Apartment with Highly Desirable Car Park the Heart of the CBD

• Positioned within one of Melbourne's most convenient lifestyle precincts • Functional open plan studio layout • Private balcony with natural light and urban outlooks • Split-system heating and cooling • Secure intercom entry • Secure car park included • Low-maintenance and low outgoings asset with high tenant demand • Walking distance to Queen Victoria Market, Melbourne Central, RMIT University, cafes, restaurants, and public transport Positioned in the heart of Melbourne's vibrant CBD, this well-presented studio apartment at Stargate Apartments delivers low-maintenance living with exceptional convenience and strong investment appeal. Ideally located moments from Queen Victoria Market, RMIT University, Melbourne Central, renowned dining precincts, and multiple public transport options, this is an outstanding opportunity to secure a quality city residence in a highly sought-after location. Thoughtfully designed for comfortable inner-city living, the light-filled studio offers a functional and inviting space complete with room for living, dining, and sleeping zones. Sliding doors open to a private balcony provide airflow and light to flow through the apartment. The property is also fit with a simple kitchen and spacious bathroom. Additional features include split-system heating and cooling, mirrored built-in robes, secure intercom entry and the highly desirable inclusion of a secure car park. Whether you are searching for a first city home, Melbourne base, or a strong-performing investment, this apartment presents an exceptional opportunity in one of Melbourne's most connected lifestyle precincts.