1904/60 Market Street

Melbourne VIC 3000

Apartment

Currently for sale - view listing

Overview

HIGH YIELD CBD INVESTMENT UP TO 7.7% NET RETURNS

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: $19,000 per annum, increasing to approximately $19,760 per annum from 1 September 2026 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

Happy sellers in Melbourne

86%

86% 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 125 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 589 one-bedroom apartments similar to 1904/60 Market Street, have been sold.

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

Sold

For Sale

For Rent

View the listing for inspection times, agent contact details, and more.

at Bow Residential