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Melbourne Median Price
House$590,000
Unit$599,700
The House price is 1% higher than last year.
Surrounding suburbs
Albert Park$2,267,600
Carlton$1,396,000
Cremorne$1,323,300
Docklands$1,487,200
East Melbourne$3,052,500
North Melbourne$1,326,300
Parkville$1,881,400
Prahran$1,627,600
Richmond$1,454,900
South Melbourne$1,638,200
South Yarra$1,883,300
Southbank$946,700
St Kilda$1,605,200
West Melbourne$1,376,000
Windsor$1,461,700
Melbourne 3000 Profile
Melbourne rent price
A416/118 Franklin Street, Melbourne
Sold $375,000 in May 2019 [Rectify]
Last Sold $240,000 in Feb 2007
Apartment: 2 Bed rooms 1 Bath rooms
Land size: 1,581 sqm
Agent: Precinct Estate Agents
Distance: 770 metres to CBD; 375 metres to Melbourne Central Station [Transport]

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Property Description:
Outstanding value two bedroom apartment - return of $26,796 per year
416/118 Franklin Street, Melbourne
Open for inspection canceled for this Saturday. Call Nick 0404099310 for an alternative time.
Located on the Fourth floor of this low rise apartment building. This outstanding genuine two bedroom apartment is a rarity in this price range. The spacious apartment comes fully equipped with Balcony, internal laundry and fully featured kitchen.
When location is important you can't get better than here. Located close to The Queen Victoria Market, RMIT and Melbourne University, Melbourne Central, Trains Stations, Trams, Marvel Stadium , Parks and Melbourne City Baths. What more could you possibly need ?
Inside this modern and spacious apartment has two large bedrooms, both with built in wardrobes, windows and enough room for queen size beds. A central living area adjoins to a sizeable kitchen with stainless steel appliances. This property has an internal laundry, and a balcony with North facing views.
This apartment has a long term lease to the Nova Stargate Hotel with a more than generous return of $26,796 per year on a long term lease that includes increases. This property is the perfect blend of high return and the future growth potential
Available to inspect this is the perfect set and forget investment or future city dwelling for an owner occupier.
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Property report from Government
Nearby Schools:
NameTypeRankDistance
Taylors CollegeSecondaryNo.297538 metres
Centre For Adult EducationSecondaryNo.299761 metres
Melbourne Senior Secondary CollegeSecondary803 metres
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