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.
