207/60 Market StreetMelbourne VIC 3000
Property Details for 207/60 Market St, Melbourne
207/60 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 transferred in August 2025.
Last Listing description (February 2016)
Surrounded by a plethora of
city attractions, and positioned in a quiet Market Street pocket, this fully-serviced studio apartment on the 2nd floor of the 4.5-star Oaks on Market hotel complex represents a brilliant investment opportunity with an outstanding $15,756 Net return per year or over 7% net.
This investment opportunity is optimized by 100% occupancy so there's no late rents, no owners corp 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.
Highlights of this Studio include a relaxed central living area with LCD TV, sleeping zone with built-in robes, granite kitchen with Fisher and Paykel induction cooktop and fridge, sleek bathroom with combined bath and shower, ducted heating and cooling, and building amenities which include a stylish lobby with concierge, restaurant/bar, fully-equipped gymnasium, heated lap pool, sauna, spa, and three function rooms.
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 207/60 Market St, Melbourne, VIC 3000
- 02 Aug 2025Transferred
- 17 May 2018Transferred
- 08 Feb 2016Sold for $217,000
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 64,263 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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