For Sale

904/263 Franklin St, Melbourne, VIC, 3000

$300,000 - $330,000

1
1
42 m²

Apartment

View agent price guide

What's around 904/263 Franklin St

Turn-Key Cash Flow: Fully Furnished CBD Apartment Targeted for 8% Yield Opportunity

• Perfectly positioned to target an impressive 8% rental yield opportunity for investors. • Fully furnished and equipped-ready for immediate occupancy by high-quality tenants. • Premium height ensures better natural light, attracting long-term, stable tenants. • Durable, high-spec finishes including quality appliances and stone surfaces for reduced wear and tear. • Steps from the Free Tram Zone and three major train stations, maximizing appeal for urban professionals. • Unbeatable walkability to RMIT, Melbourne University, and major employment hubs. • Located in the heart of Melbourne's "Education and Innovation" district, ensuring constant demand. Secure your position in the heart of Melbourne's thriving property market with this high-performing, fully furnished one-bedroom residence. Positioned on the ninth floor of the premier "Grand 8" complex, this apartment is specifically tailored for the astute investor seeking a robust addition to their portfolio. With its proximity to major universities, the legal precinct, and world-class transport, this property offers the perfect combination of high tenant demand and low vacancy risk, expertly positioned to deliver a projected rental yield of close to 8%. In the current Melbourne market, this apartment stands out as a highly efficient investment vehicle. The floorplan is meticulously optimized for urban living, featuring a sleek, stone-topped Smeg kitchen equipped with an integrated oven, dishwasher, and gas cooktop The versatile living area, with its split-system climate control and seamless balcony access, provides the flexibility that modern renters crave. The bathroom, finished with floor-to-ceiling tiling and a stone-topped vanity, offers an elevated aesthetic that stands out in the crowded rental market. By providing a high-spec, modern living environment, you are not just securing a tenant; you are securing a reliable, long-term revenue stream in a high-growth location. Beyond the apartment's internal quality, the location is a significant driver of long-term capital growth and consistent rental interest. With the Queen Victoria Market, Flagstaff Gardens, and the absolute epicenter of Melbourne's rail network at your doorstep, this is an address that will never fall out of favor. Whether targeting the international student market or corporate professionals, the convenience on offer here is second to none. This is an exceptional opportunity to acquire a managed, income-generating asset in one of the world's most livable cities.

Looking for more information on 904/263 Franklin St?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties for sale nearby

For Sale
Price not available
4107D/648 Lonsdale Street
Melbourne VIC 3000
1
1
Apartment
For Sale
For Sale
$448,000 - $488,000
702/340 Russell St
Melbourne VIC 3000
1
1
1
Apartment

Other properties for sale by Ray White Southbank | Melbourne City

For Sale
$385,000 - $420,000
2603/1 Balston Street
Southbank VIC 3006
1
1
Apartment
For Sale
$390,000 to $425,000
2701/109 Clarendon Street
Southbank VIC 3006
1
1
1
Apartment
For Sale
$950,000 - $1,045,000
10/60 Glass Street
Richmond VIC 3121
2
2
1
Apartment

Browse properties sold in nearby areas

Email
© 2026 RateMyAgent