511/60 Market Street, Melbourne, Vic 3000-Image

Sold

511/60 Market Street, Melbourne, Vic 3000

511/60 Market Street, Melbourne, Vic 3000

$185,000-$195,000 offers

Apartment

Type

Bedrooms

Bathrooms

Last updated on Wednesday, June 17, 2026 ( See property details for 511/60 Market Street, Melbourne, Vic 3000)

$185,000-$195,000 offers

View the agent price guide.

Track this property Email Enquiry

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 secure, low-maintenance CBD apartment with long-term lease, strong rental yield, and flexible future options in Melbourne’s vibrant heart.

🏡 Property Highlights

Secure lease to Oaks On Market until September 2031 ensuring long-term income certainty
Prime CBD location on tree-lined Market Street close to Collins St, Southbank, and major attractions
Low-maintenance apartment ideal for investors seeking hassle-free management
Built-in annual CPI rental growth providing income escalation over time
Current rental income of $13,260 per annum with future increase to $13,656 from September 2026
Flexible future options including owner occupation, city base, or private leasing

✨ Key Features

Built-in Robes
Open-Plan Living
Waterfront / Views
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Pet-Friendly
Garage / Secure Parking
Outdoor Area / Balcony

Suburb and Property Insights of Melbourne, VIC 3000

Melbourne’s CBD offers a vibrant lifestyle with world-class dining, entertainment, and cultural attractions. The area features excellent walkability, public transport connectivity, and proximity to major business districts. Residents enjoy a dynamic urban environment with easy access to parks, shopping precincts, and the arts. The neighbourhood is ideal for professionals and investors seeking convenience and lifestyle. Future growth prospects are strong, supported by ongoing development and infrastructure projects.

Frequently Asked Questions

What are the current lease terms and rental income for this apartment?

The apartment is leased to Oaks On Market until September 2031, with current annual rental income of $13,260, increasing to $13,656 from September 2026, with annual CPI rental increases thereafter.

What future options are available after the lease expiry in 2031?

Post-lease, owners can occupy the apartment as a CBD residence, use it as a city base, lease it privately, or extend the management arrangement with Oaks.

Are there any additional costs associated with owning this apartment?

Owners are responsible for Owners Corporation sinking fund (approximately $1,500 per annum), water rates, council rates, and Owners Corporation fees.

Is the apartment suitable for owner occupation or only investment?

The apartment offers flexibility for owner occupation, city living, or private leasing, making it suitable for both lifestyle and investment purposes.

What amenities and features does the apartment include?

The apartment features open-plan living, built-in robes, security screens, fly screens, high-speed internet readiness, extra storage, pet-friendliness, and a balcony.

What to ask about this property to agent?

Are there any upcoming or planned developments in the area that could affect the property's value or living environment? What are the strata or Owners Corporation details, including any upcoming special levies or maintenance issues? Are there any restrictions or easements on the property that could impact future use or renovations? Has the property been inspected for structural issues, pests, or other defects? What are the zoning regulations and potential for future development or subdivision? Is the property located in a flood or bushfire-prone area, and what are the associated risks? Are there any ongoing disputes or issues with the Owners Corporation or neighbours? What are the total ongoing costs, including all fees and levies, and how might they change over time? Are there any restrictions on pet ownership or modifications to the apartment? Is there any planned infrastructure or construction nearby that could cause noise or disruption?

511/60 Market Street, Melbourne, Vic 3000 - More Details

$185,000-$195,000 offers

Type: Apartment
Bedrooms: 1
Bathrooms: 1

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

511/60 Market Street, Melbourne, Vic 3000 - Point Of Interest

Locate Near By Places of 511/60 Market Street, Melbourne, Vic 3000 On Map

Your Commute at a Glance: 511/60 Market Street, Melbourne, Vic 3000

Email Enquiry To IQI Victoria

<div><input id="g-recaptcha-response_captcha_2086146486" name="g-recaptcha-response" type="hidden"></input><script>var recaptchaJSLoaded = true; 
                var onloadCallbackcaptcha_2086146486 = function() {
                    var form = $('input[id="g-recaptcha-response_captcha_2086146486"]').closest('form');
                    var btn = $(form.find(':submit')[0]);

511/60 Market Street, Melbourne, Vic 3000

Price Information

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_858545287" name="g-recaptcha-response" type="hidden"></input><script>var recaptchaJSLoaded = true; 
                var onloadCallbackcaptcha_858545287 = function() {
                    var form = $('input[id="g-recaptcha-response_captcha_858545287"]').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.