{"Slug":"apartment-511-60-market-street-melbourne-vic-3000","CanonicalUrl":"https://realsearch.com.au/apartment-511-60-market-street-melbourne-vic-3000","Address":"511/60 Market Street, Melbourne, Vic 3000","Suburb":"Melbourne","State":"VIC","Postcode":"3000","PropertyType":"Apartment","Status":"Sold","Headline":null,"Description":"Positioned on tree lined Market Street in the Oaks on Market complex right in the heart of the action with Collins St, Bank Place, Flinders Lane and Southbank/Casino all only metres away. This is a premium opportunity to secure a low-maintenance, no hassles 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 annual CPI rental growth and minimal outgoings.Secure 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.)Complimenting the secure return and strong rental yield is the future flexibility upon lease expiry in September 2031, presenting multiple future lifestyle and investment options, 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":null,"Display":"$185,000-$195,000 offers"},"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":"2026-03-13T08:03:59.257673","UpdatedAt":"2026-09-23T10:14:46.1166667"}