605/60 Market Street, Melbourne, Vic 3000

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605/60 Market Street, Melbourne, Vic 3000

$280,000

Apartment

Type

Bedrooms

Bathrooms

Last updated on Saturday, June 20, 2026 ( See property details for 605/60 Market Street, Melbourne, Vic 3000)

$280,000

View the agent price guide.

Ofer Rotkopf - Real Estate Agent - Pagan Real Estate - TRAVANCORE

Ofer Rotkopf SALES EXECUTIVE/LICENSED ESTATE AGENT

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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 two-bedroom apartment in Melbourne CBD with a long-term lease, premium amenities, and strong investment potential.

🏡 Property Highlights

Long-term lease to Oaks Group until August 2031 ensuring stable income
Strong rental yield of approximately 7% for high return on investment
Located in the heart of Melbourne CBD with premium amenities
Low-maintenance apartment ideal for investors seeking hassle-free management
Two-bedroom configuration within a hotel-style complex offering flexibility
Access to indoor heated swimming pool and fully equipped gym for added appeal

✨ Key Features

Open-Plan Living
Built-in Robes
Air Conditioning
Security Screens / Gates
Indoor Heated Swimming Pool
Gym
High Ceilings
Modern Kitchen
Granite Benchtops
Ducted Reverse-cycle Air Conditioning

Suburb and Property Insights of Melbourne, VIC 3000

Melbourne CBD offers vibrant city living with excellent transport links, diverse dining options, cultural attractions, and a thriving business district. The area is ideal for investors seeking a central location with high tenant demand and premium amenities, ensuring long-term value and rental stability.

Frequently Asked Questions

What are the main amenities available to residents?

Residents have access to an indoor heated swimming pool, fully equipped gym, and on-site dining facilities, enhancing lifestyle and tenant appeal.

Is the property suitable for SMSF investment?

Yes, the property is ideal for SMSF or income-focused investors seeking a secure, long-term rental opportunity.

What is the current lease term and tenant?

The apartment is leased to Oaks Group until August 2031, providing a stable income stream for the investor.

Are there any ongoing management responsibilities?

Minimal ongoing management is required as the property is managed by the Oaks Group under a long-term lease agreement.

What are the annual outgoing costs covered by the tenant?

The tenant covers owners corporation admin fund, council rates, water rates, and insurance, reducing the owner's expenses.

What to ask about this property to agent?

Are there any upcoming strata or building maintenance works scheduled that could impact costs? What are the specific zoning and planning regulations affecting this property? Are there any easements or restrictions on the property that could affect future use? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any planned developments or construction projects nearby that could affect the property’s value or living environment? What are the terms and conditions of the lease agreement with Oaks Group, and are there any potential lease renewal issues? Are there any additional costs or fees not covered in the current outgoings? Has the property been inspected recently for structural or pest issues? Are there any restrictions on property modifications or renovations due to building regulations? What is the process for ending the lease if the owner wishes to sell or occupy the property in the future?

605/60 Market Street, Melbourne, Vic 3000 - More Details

$280,000

Type: Apartment
Bedrooms: 2
Bathrooms: 1

Price guide

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605/60 Market Street, Melbourne, Vic 3000 - Point Of Interest

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605/60 Market Street, Melbourne, Vic 3000

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