605/60 Market Street, Melbourne, VIC, 3000

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Melbourne

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605/60 Market Street, Melbourne, VIC, 3000

$290,000 - $300,000

Apartment

•

3 days on the market

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What's around 605/60 Market Street

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