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605/60 Market Street

Melbourne VIC 3000

2
1
Apartment
Currently for sale - view listing

Overview

High-Yield CBD Investment | Secure Lease to 2031

Investor-Only Opportunity – Not for Owner Occupation Positioned within the well-established Oaks Melbourne on Market, this spacious two-bedroom apartment (approx. 62sqm) presents a rare opportunity to secure a high-performing, low-maintenance investment in the heart of the CBD. Located on the 6th floor, the apartment features a bright open-plan living and dining area complemented by high ceilings, a modern kitchen with granite benchtops and quality appliances, and ducted reverse-cycle air conditioning throughout. Residents enjoy access to premium hotel-style amenities including an indoor heated swimming pool, fully equipped gym, and on-site dining—enhancing tenant demand and long-term occupancy. Investment Overview: Approx. Annual Income: $21,900 - Outgoing paid by the owner - Approx. $2000 PA Lease Term: Securely leased to Oaks Group until August 2031 (with further options) Outgoings Covered by Tenant: Owners Corporation admin fund, council rates, water rates, insurance Key Advantages: Strong and consistent rental return (~7% yield) Long-term lease to an established operator Minimal ongoing management required Rare two-bedroom configuration within a hotel investment Ideal for SMSF or income-focused investors

Features

2 bedrooms
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 2 bedroom apartments in Melbourne

In the last 12 months, 819 two-bedroom apartments similar to 605/60 Market Street, have been sold.

This represents a 10% increase in two-bedroom apartments sales when compared to the previous 12 months.

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