1009/60 Market StreetMelbourne VIC 3000
Property Details for 1009/60 Market St, Melbourne
1009/60 Market St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2000. The property has a land size of 1074m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in September 2012.
Last Listing description (March 2022)
Searching for a property that has generous income return, low outgoings and guaranteed for the next 5 years to be in your account each month. You may say it is a dream come true for any investor. This property is all that and more!!
Surrounded by a multitude of pulsating city attractions, and positioned in a quiet Market Street pocket, this fully-serviced two bedroom apartment on the 10th floor of the 4.5-star Oaks on Market hotel complex represents a brilliant investment opportunity with an outstanding net return per year. Combined this with CPI increases every 2 years, this property represents positive gearing on steroids. This investment opportunity is optimized by 100% occupancy so there's no late rents, no owners corporation fees, no rates and the hotel is responsible for any damage. Basically this is a set and forget investment property with a guaranteed income stream for years to come. Great for purchasing within your super and guaranteeing stress free living in the future.
This comfortable apartment is fully-furnished and filled with gorgeous natural light, while also boasting superb views of Southbank Promenade and the Yarra River.
Nearby trams enable guests to access all the fantastic local cafes, shops, restaurants, and bars that the CBD has to offer, while other attractions within close proximity include Crown Entertainment Complex, Southbank eateries, Rialto Towers, Docklands precinct, Southern Cross Station, and Flinders Street Station.
Property History for 1009/60 Market St, Melbourne, VIC 3000
- 09 Nov 2021Listed for Sale Contact Agent
- 13 Sep 2012Sold for $325,000
- 28 Mar 2011Sold for $325,000
Recent sales nearby
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0About Melbourne 3000
The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of 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 64,269 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:
- The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
- Houses have a median rent of $700 while Units have a median rent of $672.
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