Back 1904/60 Market Street
Off Market

1904/60 Market Street

Melbourne VIC 3000

1
1
Apartment
Last sold for $202,000
Jarryd BowJarryd Bow, last sold this property on 07 September 2026 after 53 days on market.

Overview

UP TO 8.5% NET RETURNS - HIGH YIELD CBD INVESTMENT

*THIS PROPERTY WAS SOLD WITH $0 UPFRONT COST TO OUR OWNER. TO LEARN HOW YOU CAN ACHIEVE THE SAME RESULT, PLEASE CONTACT JARRYD BOW ON 0430 519 639* Positioned within the highly regarded Oaks Melbourne on Market, this spacious apartment (approximately 37sqm) presents an outstanding opportunity to secure a high-performing, low-maintenance investment in the heart of Melbourne's CBD. Situated on the 19th floor, the apartment offers a light-filled open-plan living and dining area with high ceilings, complemented by a modern kitchen featuring granite benchtops and quality appliances. Ducted reverse-cycle air conditioning ensures year-round comfort throughout. Residents enjoy access to premium hotel-style facilities, including an indoor heated swimming pool, fully equipped gymnasium, and on-site dining, all of which contribute to strong tenant appeal and consistent long-term occupancy. Investment Highlights: • Approximate Annual Income: $19,760 per annum, with CPI rental increases (capped at 5%) • Owner's Annual Outgoings: Approximately $1,500 • Secure Lease: Leased to Oaks Group until August 2031 • Tenant Pays: Owners Corporation administration fund, council rates, and water rates Nearby trams enable guests to access all the fantastic local cafes, shops, restaurants, and bars that the CBD has to offer, while other attractions within close proximity include Crown Entertainment Complex, Southbank eateries, Rialto Towers, Docklands precinct, Southern Cross Station.

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 1904/60 Market Street is $350k.

Median value
$350k
Estimated value range
$39k - $935k
Median days on market
35
Estimated value trend
1%
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 1904/60 Market Street

2026
Sold
$202,000
07 Sep 2026 by Jarryd Bow, of Bow Residential

Happy sellers in Melbourne

85%
85% 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 130 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 1904/60 Market Street, have been sold.

This represents a 20% increase in one-bedroom apartments sales when compared to the previous 12 months.

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