{"Slug":"apartment-311-60-market-street-melbourne-vic-3000","CanonicalUrl":"https://realsearch.com.au/apartment-311-60-market-street-melbourne-vic-3000","Address":"311/60 Market Street, Melbourne, Vic 3000","Suburb":"Melbourne","State":"VIC","Postcode":"3000","PropertyType":"Apartment","Status":"Sold","Headline":null,"Description":"Positioned within the well-regarded Oaks On Market complex in the heart of Melbourne’s CBD, this smartly appointed studio apartment at 311/60 Market Street presents an exceptional opportunity to secure a premium, low-maintenance investment with long-term income certainty.Leased to Oaks On Market until September 2031, the property offers investors a genuine set-and-forget asset with built-in rental growth and minimal outgoings, making it an attractive addition to any investment portfolio.Investment HighlightsSecure lease to Oaks On Market until September 2031Current rental income: $13,260 per annumFrom September 2026: $13,656 per annumAnnual CPI rental increases thereafterTenant pays water rates, council rates and Owners Corporation feesOwner responsible for Owners Corporation sinking fund (approx. $1,500 p.a.)Prime central location moments from Collins Street, the Yarra River, Crown Entertainment Complex and major transport optionsWith the majority of outgoings covered by the tenant, the property delivers strong investment fundamentals with predictable income and minimal ongoing management.Equally appealing is the future flexibility upon lease expiry in September 2031, presenting multiple lifestyle and investment options for the next owner, including:Occupying the apartment as a CBD residenceUsing it as a convenient city base or executive padPrivately leasing the apartmentPotentially extending the management arrangement with OaksSecure a premium CBD holding with reliable income today while retaining outstanding future options. Enquire for further information.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":190000.00,"Display":"$190,000"},"Bedrooms":"1","Bathrooms":"1","Parking":null,"Features":[{"Name":"Bedrooms","Value":"1"},{"Name":"Bathrooms","Value":"1"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-37.81781392,"Longitude":144.96071138,"Agent":null,"Agency":{"Name":"IQI Victoria","CanonicalUrl":"https://realsearch.com.au/agency/iqi-victoria"},"CreatedAt":"2026-03-13T08:05:57.9116367","UpdatedAt":"2026-09-23T10:14:46.1166667"}