1712/60 Market Street, Melbourne, VIC 3000 | Apartment for sale | OnTheHouse
 
FOR SALE
$210,000 - $215,000

1712/60 Market Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Invest in the CBD – Next to Collins St

Rental Income Approx. $16,400pa
Outgoing paid by the owner - Approx. $1500 PA
Approx. 7.5% NET
Lease ending – 31/08/2031
With an attractive rental return of Approx. $16,400 and a yield of Approx. 7% NET, as well as having a secure lease until 2031, this apartment can't be ignored by savvy investors looking for a a great 'set and forget' property, or for those with a self-managed super fund.
The apartment itself open plan living /dining area, and a separate fully equipped granite kitchenette that has sufficient natural light from the floor-to-ceiling windows. Coming fully furnished with sofas, dining table & matching chairs, coffee table and flat-screen TV, a well-appointed large bathroom, central heating and cooling, secure building entry, and access to amenities which include a concierge, gym, heated lap pool, sauna, spa, and function room.
And add to all this is that you will have the best Melbourne has to offer all at your doorstep, Flinders and Southern Cross Stations around the corner & just a short walk and you will land in all the best of Melbourne's sporting, Crown Complex and Melbourne’s iconic lane-ways, buzzing bars, fashionable
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Property Details for 1712/60 Market St, Melbourne

1712/60 Market St, Melbourne is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Pagan Real Estate.

Building Type
Apartment
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation.In 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.

Melbourne has 64,767 properties. Over the last 5 years, Houses in Melbourne have seen a -28.12% decrease in median value, while Units have seen a 0.93% increase. As at 31 August 2026:

  • The median value for Houses in Melbourne is $1,383,053 while the median value for Units is $444,901.
  • Houses have a median rent of $713 while Units have a median rent of $680.
There are currently 287 properties listed for sale, and 225 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2440 properties were sold in the past 12 months in Melbourne.

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