707/243 Franklin Street, Melbourne, VIC 3000

Positioned in the heart of Melbourne CBD, this recently refreshed one-bedroom apartment presents an affordable opportunity for both owner-occupiers and investors looking for a centrally located property with strong rental potential.

Currently vacant and ready to move into, the apartment is fully furnished, freshly painted and features brand-new carpet, making it an easy option for buyers wanting a low-maintenance city home or a ready-to-rent investment.

Located at 243 Franklin Street, the apartment is within easy walking distance of Queen Victoria Market, RMIT University, Melbourne Central, Flagstaff Gardens and Melbourne's extensive tram network.

With an estimated rental potential of approximately $500 per week, the property offers an attractive gross rental return at this price point.

The apartment features a practical layout with a separate bedroom, bathroom, kitchen and private balcony, making efficient use of its compact footprint.

Property features:

One bedroom

One bathroom

Private balcony

Approx. 25 sqm

Recently refreshed throughout

Freshly painted with brand-new carpet

Fully furnished

Currently vacant and ready to move into

Estimated rental potential of approximately $500 per week

Affordable entry point into the Melbourne CBD property market

Walking distance to Queen Victoria Market

Close to RMIT University and Melbourne Central

Easy access to trams, trains, shops, cafés and restaurants

Ideal for investors and owner-occupiers

Whether you're looking for an affordable place to call home in Melbourne CBD or a centrally located investment with strong rental potential, this apartment is well worth considering.

Disclaimer: Some images have been digitally enhanced and/or virtually staged using AI for presentation purposes, including the addition of bedding, plants and decorative items. These items may not be included with the property. Photos and floor plans are provided for reference purposes only. Buyers should conduct their own due diligence and independently verify all information before making a purchase decision.