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1714/60 Market Street

Melbourne VIC 3000

1
1
Apartment
Currently for sale - view listing

Overview

Investment Opportunity - Ideal for SMSF

For Investors only and not for the owner occupier, this spacious one bedroom 'Oaks on Market' apartment is ideal for the astute investor seeking a peace of mind, high returning (7.5% Gross approx.) secure investment property with a current rent of $20,280.00 gross approx. per annum, with CPI annual increases (capped at 5%). Ideally positioned on level 17, featuring a bright city aspect, spacious open living & meals, well appointed kitchen area, stone bench tops, electric cooking and rangehood. An extra large separate bedroom, built in robes, spacious ensuite bathroom, heating /cooling. LEASED- Until 31st August 2026, with a further 2 five year options. TENANT (OAKS) PAYS - Owners Corporation Admin Fees, Council Rates, Water Rates, Insurance, general maintenance. OWNER PAYS - Maintenance Fund Fee: $2,351.00 pa approx. INSPECTION - Is by private appointment. Please contact Robert Eggers 0412 329 340

Features

1 bedroom
1 bathroom
Apartment

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 apartments in Melbourne

In the last 12 months, 587 one-bedroom apartments similar to 1714/60 Market Street, have been sold.

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

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