608/243 Franklin Street

Property Photos

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About this property

• A rare, golden return for the savvy investor with exceptional ~8.5% rental yield • Open-plan living with bright and airy, flowing to a generous sheltered balcony. • Floorboards throughout, offering a sleek, low-maintenance lifestyle. • Contemporary stone kitchen with gas cooking and high-quality appliances. • Double-glazed windows and split-system climate control. • Access to a landscaped courtyard, BBQ area, and bike storage. • Unrivalled CBD location, steps to RMIT, Melbourne Uni, QVM, Flagstaff Gardens and free city trams. • Move in or lease out immediately with zero fuss. Welcome to an exceptional entry point into the Melbourne market, perfectly tailored for savvy investors and ambitious first-home buyers alike. Delivering a remarkably rare and lucrative rental yield of approximately 8.5%, this turn-key property is the ultimate low-maintenance asset. Whether you are looking to secure a golden return with a reliable long-term tenancy or searching for an effortless, ready-to-enjoy city base, this residence promises immediate appeal and outstanding financial rewards. Step inside to discover a beautifully refreshed interior, highlighted floorboards through out that flow seamlessly throughout the entire apartment-a stylish and highly practical upgrade. The open-plan living and dining domain is bathed in soft, natural light from its versatile sheltered balcony. Overlooking this inviting space is a contemporary, well-appointed kitchen featuring sleek stone benchtops, quality appliances, ample storage, and gas cooking, making it as functional as it is attractive. Beyond its striking aesthetics, the home is engineered for everyday comfort and supreme peace of mind. Double-glazed windows ensure a quiet sanctuary above the bustling city, complemented by split-system heating and cooling, modern recessed lighting, and a convenient Euro laundry. Residents are also treated to excellent building facilities designed to enhance the inner-city lifestyle, including secure bike storage, a welcoming communal BBQ area, and a lush, landscaped courtyard. Positioned perfectly within Melbourne's dynamic CBD grid, the location offers unparalleled walkability and day-to-day convenience. All of the city's best lifestyle destinations are merely moments from your door, including the iconic Queen Victoria Market, RMIT, the University of Melbourne, and the green expanse of Flagstaff Gardens. With the free tram zone, Melbourne Central, and an endless selection of world-class cafés, restaurants, and bars right at your fingertips, this is a highly convenient and versatile real estate opportunity you do not want to miss.

Property Features

Location & Nearby

Approximate location shown. Contact agent for exact address.