506/60 Market Street, Melbourne, Vic 3000-Image

For Sale

506/60 Market Street, Melbourne, Vic 3000

506/60 Market Street, Melbourne, Vic 3000

$230,000

Serviced Apartment

Type

Bedrooms

Bathrooms

Published on Friday, March 13, 2026 ( See property details for 506/60 Market Street, Melbourne, Vic 3000)

$230,000

View the agent price guide.

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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, secure, and low-maintenance serviced apartment in Melbourne's CBD offering excellent investment potential and future flexibility.

🏡 Property Highlights

Secure long-term lease with Oaks until 2031 ensuring solid rental income
Prime city location with views over tree-lined Market Street
Low-maintenance serviced apartment ideal for investors or SMSF buyers
Positive cash flow from day one with automatic CPI rent increases
Flexible future options including owner occupation or continued leasing
Affordable CBD living in a highly sought-after building

✨ Key Features

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

Suburb and Property Insights of Melbourne, VIC 3000

Melbourne's CBD offers vibrant city living with excellent amenities, renowned dining and entertainment options, convenient public transport, and a dynamic business hub. The area is highly sought after for its lifestyle appeal and investment stability, making it ideal for both owner-occupiers and investors seeking long-term growth. With its iconic architecture and cultural attractions, the neighbourhood provides a quintessential Melbourne experience.

Frequently Asked Questions

What are the future rental prospects for this property after the current lease ends?

The property offers flexibility for continued leasing, owner occupation, or further investment, with potential for rental increases based on market conditions.

Is the building compliant with current safety and building standards?

Yes, the building is maintained to meet all relevant safety and compliance standards, with security features such as screens and gates.

What amenities are available within the building and nearby?

The building offers secure access, and the location provides easy access to Melbourne's vibrant city amenities, public transport, dining, and entertainment options.

Are there any restrictions on pet ownership in the building?

The property is pet-friendly, subject to building policies and approval from the owners' corporation.

What are the ongoing costs associated with owning this property?

Outgoings payable by the tenant include OC admin fees, council rates, and water rates. The owner is responsible for the OC Sinking Fund approximately $1500 per annum.

What to ask about this property to agent?

Are there any upcoming maintenance or renovation works planned for the building that could affect residents? What are the strata or owners' corporation fees, and are there any special levies expected? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any restrictions or easements on the property that could impact future use or development? What is the current condition of the apartment and building, and are there any known defects or issues?

506/60 Market Street, Melbourne, Vic 3000 - More Details

$230,000

Type: Serviced Apartment
Bedrooms: 1
Bathrooms: 1
Study: 1

Price guide

View Statement Of Information

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506/60 Market Street, Melbourne, Vic 3000 - Point Of Interest

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506/60 Market Street, Melbourne, Vic 3000

$230,000

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