For Sale

306/60 Market Street, Melbourne, Vic 3000

$220,000

Apartment

Type

Bedrooms

Bathrooms

Published on Friday, May 22, 2026 ( See property details for 306/60 Market Street, Melbourne, Vic 3000)

$220,000

View the agent price guide.

Track this property Request an inspection

Report Title Search CMA Report Suburb Profile

AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A spacious, well-appointed CBD apartment with secure lease, premium amenities, and strong future growth potential.

🏡 Property Highlights

Secure long-term lease until August 2031 with CPI-linked rental increases
Generous 45m² floorplan larger than typical CBD studios
Outstanding future upside with potential for capital growth
Premium building facilities including indoor pool, spa, sauna, and gym
Peaceful outlook over tree-lined Market Street
Ideal for investors seeking positive cash flow and low maintenance

✨ Key Features

Open-Plan Living
Built-in Robes
Outdoor Area
Security Screens / Gates
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Ceiling Fans
Waterfront / Views
Home Office / Study
Indoor Pool

Suburb and Property Insights of Melbourne, VIC 3000

Melbourne's CBD offers vibrant city living with excellent walkability, diverse dining and entertainment options, and strong investment fundamentals. The area features high-rise apartments, cultural attractions, and convenient access to public transport, making it ideal for professionals and investors alike. With ongoing development and a dynamic lifestyle, the CBD remains a highly sought-after location for both living and investment. The neighbourhood's robust infrastructure and future growth prospects ensure long-term value appreciation.

Frequently Asked Questions

What are the ongoing costs associated with this apartment?

Ongoing costs include strata fees, council rates, and utilities. Specific details can be obtained from the current strata management.

Is the lease arrangement with Oaks on Market transferable if I decide to sell?

Yes, the lease is transferable to new owners, subject to approval by the management and lease terms.

What amenities are available to residents and guests?

Residents and guests enjoy access to a heated indoor swimming pool, spa, sauna, fully equipped gymnasium, and a modern lobby with concierge services.

Can I occupy the apartment after the lease ends in 2031?

Yes, once the lease term concludes, the apartment may be available for owner-occupancy or resale, subject to market conditions.

What is the condition of the apartment and building?

The apartment is well-maintained with modern finishes, and the building features high-quality amenities and secure access.

What to ask about this property to agent?

Are there any upcoming strata or building maintenance works scheduled that could incur additional costs? Are there any restrictions or special conditions in the lease agreement that could affect ownership or future use? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any planned developments or zoning changes in the vicinity that could impact the property’s value? What are the total strata fees and are there any special levies currently in place?

306/60 Market Street, Melbourne, Vic 3000 - More Details

$220,000

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

Type: Apartment
Bedrooms: 1
Bathrooms: 1

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Map & nearby places — 306/60 Market Street, Melbourne, Vic 3000

Login to experience 306/60 Market Street, Melbourne, Vic 3000 in 3D

Sign in to unlock the photorealistic 3D Immersive View of this property — fly over the home and its street, and see exactly what's around it before you book an inspection.

Photorealistic 3D aerial & street-level flyover
Nearby schools, parks, shopping, transport, health & dining
Walking & driving routes with live travel time from the front door
Orbit-home, street & suburb camera presets
Satellite & hybrid map views, full-screen mode
Free for every Real Search member — no cost to explore

Email Enquiry To IQI Victoria

<div><input id="g-recaptcha-response_captcha_986270258" name="g-recaptcha-response" type="hidden"></input><script>var recaptchaJSLoaded = true; 
                var onloadCallbackcaptcha_986270258 = function() {
                    var form = $('input[id="g-recaptcha-response_captcha_986270258"]').closest('form');
                    var btn = $(form.find(':submit')[0]);

306/60 Market Street, Melbourne, Vic 3000

$220,000

Schedule an Inspection

Rates & Fees

Similar Properties

Full Name

phone

Which describes you best?

Message

Personal Information Collection Statement

This form is only to be used for sending genuine email enquiries to the Agent. Real Search Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Explore More About Melbourne

Real Search makes searching for your new home easy with properties for sale in Melbourne and properties for rent in Melbourne. Are you looking for specific type of property? Real Search has units for sale in Melbourne and houses for sale in Melbourne. Real Search also provides 1 bedroom apartment for sale in Melbourne, 2 bedroom apartment for sale in Melbourne & 3 bedroom apartment for sale in Melbourne. Find best real estate agents in Melbourne. You can also check real estate agencies in Melbourne. Research the property market of Melbourne with a property report and suburb profile report on Real Search.

<div><input id="g-recaptcha-response_captcha_269128912" name="g-recaptcha-response" type="hidden"></input><script>var recaptchaJSLoaded = true; 
                var onloadCallbackcaptcha_269128912 = function() {
                    var form = $('input[id="g-recaptcha-response_captcha_269128912"]').closest('form');
                    var btn = $(form.find(':submit')[0]);

Help Us Maintain Accuracy: Report Data Errors

At Real Search, we strive for the highest level of accuracy in all our property listings and real estate information. Despite our best efforts, errors can occur. If you spot any inaccuracies or inconsistencies in property details, descriptions, or any other data, we encourage you to report them to us immediately. Your input helps us maintain the quality and reliability of our platform, benefiting all users—buyers, sellers, and agents alike.

To report an error, please click the "Report Error" button on the respective listing or reach out to us directly via our contact page. We appreciate your vigilance and collaboration in ensuring the integrity of our data.

Name

Phone

Message

Disclaimer

Our service utilises AI search capabilities based on publicly available indexed data for non-commercial purposes and testing phase. The above information is an excerpt from publicly available data and may be subject to errors or changes. RealSearch.com.au makes no representations or warranties regarding the accuracy of this data. Please consult the Agency/Agents directly for the most up-to-date information.