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139-141 Franklin St Apartment Building For Sale Melbourne, VIC 3000

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 | Building Class | C |
| Sale Condition | Redevelopment Project | Lot Size | 0.08 AC |
| Property Type | Multifamily | Building Size | 10,344 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| 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 |
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139-141 Franklin St
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