Back 1102/60 Market Street
Off Market

1102/60 Market Street

Melbourne VIC 3000

1
1
Apartment
James MarkovicJames Markovic, last sold this property on 13 June 2025 after 22 days on market.

Overview

The Perfect Investment – Returning *$14,300pa

This is the ideal rental investment, to set and forget. Whether you are seeking an addition to your “self-managed super fund” portfolio or a strong yield property, this is it! The hotel “Investment Only” features a smart open plan living/bedroom design, kitchen/meals, quality fit-out, central modern bathroom, split system heating/cooling and great natural light. The apartment comes fully furnished and residents enjoy the benefits of a gym, heated lap pool, sauna, spa, function room and concierge. Location is fantastic, close to the city nightlife, world renowned restaurants, bars, boutique retailers, art galleries, transport options and parkland. Rental Income - *$14,300pa Net Paid by the Owner- *$1,433pa Council Land and Water Rates Paid by the Hotel– Owners Corp of *$457pq Yearly Rent Increases Leased until 31st August 2026, with 1 further option of 5 Years Approximately 7.5% Net Return (Purchase Price of $190,000)

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 1102/60 Market Street is $344.58k.

Median value
$344.58k
Estimated value range
$39k - $935k
Median days on market
37
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1102/60 Market Street

2025
Sold
Undisclosed
13 Jun 2025 by James Markovic, of Markovic Real Estate

Happy sellers in Melbourne

84%
84% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 133 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 581 one-bedroom apartments similar to 1102/60 Market Street, have been sold.

This represents a 14% increase in one-bedroom apartments sales when compared to the previous 12 months.

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