{"Slug":"apartment-804-60-market-street-melbourne-vic-3000","CanonicalUrl":"https://realsearch.com.au/apartment-804-60-market-street-melbourne-vic-3000","Address":"804/60 Market Street, Melbourne, Vic 3000","Suburb":"Melbourne","State":"VIC","Postcode":"3000","PropertyType":"Apartment","Status":"For Sale","Headline":null,"Description":"A straightforward investment opportunity within Oaks Melbourne on Market, positioned in the heart of Melbourne's CBD.This approx. 37m² serviced hotel apartment is securely leased to the hotel operator, providing consistent rental income without the day-to-day management associated with a conventional residential investment.Investment Highlights- Annual Rental Income: $16,119.96 p.a.- Monthly Rental Income: $1,343.33- Current Lease: Secured until 31 August 2031- Apartment Size: Approx. 37m²- Serviced Hotel Apartment within Oaks Melbourne on Market- Approx. Net Rental Yield: 7.3% – 8.1%* - Rental increases provided for under the lease- Established hotel operator providing ongoing management- Prime Melbourne CBD position on Market Street- Moments from Collins Street, Flinders Street, Southbank and the Yarra River- Access to hotel facilities including an indoor heated pool, spa, sauna, gym, restaurant and 24-hour receptionOutgoings & Operator ResponsibilitiesUnder the current lease, the hotel operator is responsible for applicable recoverable outgoings, including ordinary Owners Corporation contributions, Council Rates and Water Rates.Current property outgoings are approximately:- Owners Corporation: $5,097.85 p.a.- Council Rates: $932.58 p.a.- Water Rates: $1,220.66 p.a.- Total Property Outgoings: $7,251.09 p.a.These expenses are charged against the property; however, applicable non-capital outgoings are recoverable from the hotel operator under the terms of the lease.Special Levy- Lift and cladding replacement special levy currently applies- 6 remaining instalments of $117.55- Total remaining disclosed levy: $705.30An attractive opportunity for investors seeking consistent income, professional hotel management and a central Melbourne CBD location.*Rental yields are approximate only and calculated using the current rental income and identified owner-paid/non-recoverable costs at the nominated purchase-price range. Purchasers should make their own enquiries regarding the lease, recoverable outgoings, special levies, taxation and other ownership costs.*Harcourts Melbourne City, Estate Agents, specialising in sales & leasing of Warehouse, Heritage, Unique – WHU properties in Melbourne’s inner city. For information on inner city property for sale or rent or for expert real estate advice visit: melbourneharcourts.com.au or phone us on 03 9664 8100 Whilst every care is taken to ensure accuracy of the sizes, plans & information contained herein no guarantees or warranties are given. Clients are required to make their own investigations, carefully check the formal legal documentation & seek independent professional legal advice.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"$200,000 - $220,000 | Potential 8.1% Net Return"},"Bedrooms":"1","Bathrooms":"1","Parking":null,"Features":[{"Name":"Bedrooms","Value":"1"},{"Name":"Bathrooms","Value":"1"},{"Name":"House Size","Value":"37 m²"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-37.81781392,"Longitude":144.96071138,"Agent":{"Name":"Jake Vincent","CanonicalUrl":"https://realsearch.com.au/agent/jake-vincent"},"Agency":{"Name":"Harcourts Melbourne City - MELBOURNE","CanonicalUrl":"https://realsearch.com.au/agency/harcourts-melbourne-city-melbourne"},"CreatedAt":"2026-10-29T08:05:55.9853565","UpdatedAt":"2026-10-29T08:05:56.0109704"}