About this property
Also written as Unit 2503, 87 Franklin Street.
Melbourne VIC 3000, Australia
Also written as Unit 2503, 87 Franklin Street.
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
The address 2503/87 Franklin Street is a unit. It is classified as a standalone residential unit within the Melbourne CBD
The unit occupies a land parcel of 1,960 m². This sizable lot provides ample outdoor space for the property
RMIT University’s City campus is just 0.1 km away, including the Swanston Academic Building and several specialised schools such as the School of Creative Media and the School of Business IT and Logistics. The nearby tram stop at RMIT University/Swanston St (0.1 km) also connects to other campuses across the city
The State Library is only 0.1 km from the property, offering a major public library and cultural venue. In addition, public art installations like the Gossard Public Nook are located on‑site, enriching the local streetscape
Macs Hotel is just 0.1 km away, and the Light House Melbourne residential skyscraper (which includes serviced apartments) is also 0.1 km from the address. Nearby hotels such as Avani Melbourne Central Residences and Milano Serviced Apartments provide additional accommodation options within the same distance
The RMIT University/Swanston St tram stop is 0.1 km from the property, giving easy access to Melbourne’s extensive tram network. This proximity makes commuting across the city convenient for residents
The unit is located in the heart of Melbourne’s central business district, an area that forms the economic and cultural core of the city. Its immediate surroundings include major landmarks, universities, and a dense mix of residential and commercial buildings
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