311/60 Market Street, Melbourne, Vic 3000-Image

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311/60 Market Street, Melbourne, Vic 3000

311/60 Market Street, Melbourne, Vic 3000

$190,000

Apartment

Type

Bedrooms

Bathrooms

Last updated on Saturday, June 20, 2026 ( See property details for 311/60 Market Street, Melbourne, Vic 3000)

$190,000

View the agent price guide.

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AI Property Insight

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

A modern, low-maintenance CBD apartment with secure long-term lease, offering excellent investment potential and future flexibility.

🏡 Property Highlights

Leased to Oaks On Market until September 2031, ensuring long-term income security
Prime central Melbourne CBD location near Collins Street and the Yarra River
Low-maintenance apartment with minimal ongoing management
Current rental income of $13,260 per annum with CPI increases from September 2026
Tenant covers water, council rates, and Owners Corporation fees
Flexible future options including owner occupation, private leasing, or extending management

✨ Key Features

Built-in Robes
Open-Plan Living
Waterfront / Views
Security Screens / Gates
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Balcony
Internal Laundry
Ensuite
Garage / Secure Parking

Suburb and Property Insights of Melbourne, VIC 3000

Melbourne’s CBD offers a vibrant lifestyle with world-class dining, entertainment, and cultural attractions. Key points include: prime location near Collins Street and the Yarra River, excellent transport links, a thriving business and entertainment hub, high rental demand, and a secure, low-maintenance living environment.

Frequently Asked Questions

What are the future rental growth prospects for this property?

The property is leased with annual CPI rental increases from September 2026, indicating potential for steady rental growth aligned with inflation.

Can I occupy the apartment after the lease expires?

Yes, the lease expiry in September 2031 provides the flexibility to occupy the apartment as a CBD residence or explore other options.

What are the ongoing management responsibilities?

Most outgoings are covered by the tenant, with the owner responsible for the Owners Corporation sinking fund, making management minimal.

Is the property suitable for private leasing or Airbnb?

The property is currently leased to a long-term tenant, but future use as a private rental or short-term accommodation depends on building policies and local regulations.

What are the key amenities nearby?

The apartment is moments from Collins Street, the Yarra River, Crown Entertainment Complex, and major transport options, offering a vibrant city lifestyle.

What to ask about this property to agent?

Are there any upcoming strata or Owners Corporation fee increases or special levies planned? Is there any history of building defects or recent renovations that may require future maintenance? Are there any zoning restrictions or easements affecting the property? What are the flood or bushfire risks in the area? Are there any planned developments or construction projects nearby that could impact the property’s value or living environment? Is the property compliant with all building and safety regulations? Are there any restrictions on future modifications or renovations? What are the terms of the lease agreement with Oaks On Market, and are there any conditions that could change? Are there any additional costs or fees not covered in the current outgoings? Has the property been affected by any recent or past environmental issues?

311/60 Market Street, Melbourne, Vic 3000 - More Details

$190,000

Type: Apartment
Bedrooms: 1
Bathrooms: 1

Price guide

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311/60 Market Street, Melbourne, Vic 3000 - Point Of Interest

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311/60 Market Street, Melbourne, Vic 3000

$190,000

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