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1712/60 Market Street

Melbourne VIC 3000

1
1
Apartment
Currently for sale - view listing

Overview

Invest in the CBD – Next to Collins St

Rental Income Approx. $16,400pa Outgoing paid by the owner - Approx. $1500 PA Approx. 7.5% NET Lease ending – 31/08/2031 With an attractive rental return of Approx. $16,400 and a yield of Approx. 7% NET, as well as having a secure lease until 2031, this apartment can't be ignored by savvy investors looking for a a great 'set and forget' property, or for those with a self-managed super fund. The apartment itself open plan living /dining area, and a separate fully equipped granite kitchenette that has sufficient natural light from the floor-to-ceiling windows. Coming fully furnished with sofas, dining table & matching chairs, coffee table and flat-screen TV, a well-appointed large bathroom, central heating and cooling, secure building entry, and access to amenities which include a concierge, gym, heated lap pool, sauna, spa, and function room. And add to all this is that you will have the best Melbourne has to offer all at your doorstep, Flinders and Southern Cross Stations around the corner & just a short walk and you will land in all the best of Melbourne's sporting, Crown Complex and Melbourne’s iconic lane-ways, buzzing bars, fashionable

Features

1 bedroom
1 bathroom
Apartment

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85%
85% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

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Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 579 one-bedroom apartments similar to 1712/60 Market Street, have been sold.

This represents a 22% increase in one-bedroom apartments sales when compared to the previous 12 months.

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