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Investment Highlights

  • Inner-city development site with Franklin Street frontage
  • Existing improvements provide interim holding income
  • Permit approved as part of a 32-storey mixed-use development
  • Located near RMIT, Queen Victoria Market, and future State Library Station

Executive Summary

139–141 Franklin Street, Melbourne VIC 3000 is offered for sale as a standalone development opportunity within the Melbourne CBD. The site is permit approved for high-rise development and includes existing improvements generating holding income. The property is positioned along Franklin Street and forms part of an approved high-rise redevelopment site within the Capital City Zone. Existing improvements provide interim income, with planning approval supporting a future multi-storey development outcome close to major transport, education, and retail infrastructure.

Property Facts

Sale Type Investment
Sale Condition Redevelopment Project
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.08 AC
Building Size 10,344 SF
No. Stories 3
  • Listing ID: 40311456

  • Date on Market: 4/27/2026

  • Last Updated:

  • Address: 139-141 Franklin St, Melbourne, VIC 3000

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