SoldJun 1, 2026

605/60 Market Street, Melbourne, VIC, 3000

$280,000

2
1

Apartment

20 days on the market

Sold: Jun 1, 2026

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: Approx. $22,500 - 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 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

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