306/60 Market Street, Melbourne, VIC, 3000

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Melbourne

For Sale

306/60 Market Street, Melbourne, VIC, 3000

$220,000

Apartment

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Inspection times

Inspections are by appointment only.

What's around 306/60 Market Street

High Yielding CBD Investment Positive Cash Flow with Secure CPI-Linked Lease to 2031

Positioned within the highly regarded Oaks on Market complex, Apartment 306 presents an increasingly rare opportunity to secure a genuinely positive cash flow Melbourne CBD investment with secure long-term income and outstanding future upside. At approximately 45m², this apartment is substantially larger than most studio apartments in the CBD and enjoys a peaceful outlook over tree-lined Market Street. The thoughtfully designed floorplan includes: A generous entry foyer ideal for a home office setup, additional storage or future laundry cabinetry Oversized bathroom with both bath and separate shower Bright and spacious open plan living and dining area Functional kitchenette Defined sleeping zone with built-in robe Excellent natural light and spacious proportions throughout Residents and guests of the building enjoy premium facilities including: Grand modern lobby with concierge Ground floor bar and restaurant Heated indoor swimming pool Spa and sauna Fully equipped gymnasium Secure Long-Term Income with Built-In Rental Growth The apartment is securely leased to 'Oaks on Market' as part of their serviced apartment operation until August 2031, providing investors with reliable, low-maintenance income. Fixed Rental income of $1,316.68 per month from 1 September 2026 ($1,278.33 per month until 1st September) Annual CPI-linked rental increases CPI currently running at approximately 4.6%, supporting strong ongoing rental growth Predictable income stream with minimal management involvement In an environment where traditional negative gearing benefits are becoming less attractive or increasingly restricted, properties capable of delivering genuine positive cash flow are becoming far more sought after by investors. Significant Future Capital Upside A major attraction of this investment is the substantial future upside potential. Comparable vacant apartments would typically command significantly higher values than the current asking price, with the discounted pricing largely reflecting the existing Oaks lease arrangement. As the lease term shortens approaching 2031, purchasers may benefit from: -Increased owner-occupier appeal -Stronger resale demand -Potential capital growth as the apartment trends toward vacant possession value A secure high-yielding CBD investment with strong fundamentals, built-in rental growth and genuine long-term upside. Inspection by private appointment