1504/60 Market StreetMelbourne VIC 3000
Property Details for 1504/60 Market St, Melbourne
1504/60 Market St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 1074m2. While the property is not currently for sale or for rent, it was last sold in April 2015.
Last Listing description (February 2016)
Be quick to snap up this superb investment opportunity!
With Owners Corp Fees and Rates paid by the hotel this hassle free investment won't last long!
The apartment is currently achieving a very healthy NET return of $20,595 per annum ($1,716.25 pcm) and has a scheduled increase of approx. 5.75% for this September.
Do not hesitate to call me for more information or to arrange a private inspection.
Please note: This property is a serviced apartment it can't be owner occupied and so is suitable for investors only (not for first home buyers). By private inspection only.
Please note: *** INVESTMENT ONLY, NOT AVAILABLE TO OCCUPY***
Harcourts City Residential, your preferred Estate Agents, specialise in apartment sales & leasing, for in-depth information on Melbourne apartments and further information on the property you are viewing visit:
Information on outgoings: cit yresidential.harcourts.com.au/?Home/?Buy/?Outgoing-Summaries
our blog: harcourt scityresidential.wordpress.com
website: ci tyresidential.harcourts.com.au
Before you buy a home, you should be aware of a range of issues that may affect that property and impose restrictions or obligations on you, if you buy it. Harcourts City Residential suggests that all buyers read the due diligence checklist available on our website:
cit yresidential.harcourts.com.au/?Home/?Buy/?Due-diligence-checklist
Harcourts City Residential is committed to maintaining the protection of the personal information it collects during the course of its business, as it is obliged to do under state and federal legislation. Please find a full copy of our privacy policy on our website: cit yresidential.harcourts.com.au/?Home/?Contact-Us/?Privacy-Policy
Property History for 1504/60 Market St, Melbourne, VIC 3000
- 10 Apr 2015Sold for $282,500
- 17 Mar 2015Listed for Sale $290,000
- 27 Apr 2004Sold for $282,400
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 64,265 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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