RateMyAgentGo to search
Back 1708/60 Market Street
Off Market

1708/60 Market Street

Melbourne VIC 3000

1
1
Studio
Martin RussellMartin Russell, last sold this property on 19 June 2025 after 412 days on market.

Overview

UNDER OFFER

This property is now sold. If you are interested in purchasing a Serviced Apartment, please visit our website kingsfordproperty.com.au __________________________________________________________________________ *** THIS IS FOR AN ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION *** Nestled at the heart of the bustling commercial area of the CBD is Oaks on Market, an impeccable apartment hotel. Presenting an enticing opportunity for astute investors, this expansive studio apartment of 40 m2 (approx.) has a westerly aspect and is positioned in in the impecable Oaks on Market building. Boasting lofty ceilings, this well-thought-out floor plan features a generous living space that seamlessly merges with an integrated granite bench-top kitchen equipped with premium appliances. Completing the picture is the pristine bathroom featuring a shower over bath and ducted reverse cycle air-conditioning. The opulent lobby iincludes a fully renovated restaurant and bar. Resident amenities include a fully equipped gymnasium, heated lap pool, sauna, spa, and three versatile function rooms. Currently leased to the Oaks Group until August 31, 2026, with an additional five-year option, this property promises steady returns for the discerning investor. THIS IS FOR AN ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION IMPORTANT INFORMATION: RENT: $16,640.04 pa INCREASE: Annual CPI (Capped at 5%) each September between Market Reviews RETURN: 8% Gross LEASED: Until 31st August 2026 OPTIONS: One Further Five-Year Option TENANT (OAKS) PAYS: Owners Corporation Admin Fund Council Rates Water Rates Insurance General maintenance OWNER PAYS: Owners corporation maintenance fund and special levies: $2,247.52 pa Inspections can be arranged by private appointment. For further details, please contact: Martin Russell of Kingsford Property - 0417 005 302 martin@kingsfordproperty.com.au Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent.

Features

1 bedroom
1 bathroom
Studio

Estimated Value

Based on this property and similar 1 bedroom studios sold in Melbourne over the last 12 months, the estimated median property value of 1708/60 Market Street is $220k.

Median value
$220k
Estimated value range
$145k - $239k
Median days on market
34
Estimated value trend
2%
increase 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 1708/60 Market Street

2025
Sold
Undisclosed
Private Sale/Treaty on 19 Jun 2025 by Martin Russell, of Kingsford Property

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 134 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom studios in Melbourne

In the last 12 months, 17 one-bedroom studios similar to 1708/60 Market Street, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Melbourne

placeholder
Dionne Wilson

Sellers who recommend Dionne Wilson have praised them for being clear communication, local expert, honest, responsive, supportive, dedicated and friendly

  •   4.9   (237 reviews)
  •  21 Reviews in Melbourne
  •  55 Sales in Melbourne
View profile
placeholder
Annamaria Stella

Annamaria Stella is an award winning recommended agent for Melbourne.  They have 12 local sales and collected 19 local reviews across the last 12 months.

  •   5   (380 reviews)
  •  19 Reviews in Melbourne
  •  12 Sales in Melbourne
View profile
placeholder
Philip Middlemiss

Sellers who recommend Philip Middlemiss have praised them for being local expert, clear communication, responsive, supportive, well-prepared, strategic and honest

  •   5   (113 reviews)
  •  17 Reviews in Melbourne
  •  13 Sales in Melbourne
View profile
placeholder
Catherine Sheo

Catherine Sheo is a recommended agent for Melbourne.  They have 11 local sales and collected 8 local reviews across the last 12 months.

  •   4.9   (56 reviews)
  •  8 Reviews in Melbourne
  •  11 Sales in Melbourne
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap