302/60 Market StreetMelbourne VIC 3000
Property Details for 302/60 Market St, Melbourne
302/60 Market St, Melbourne is a 1 bedroom, 1 bathroom Unit 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 July 2010.
Last Listing description (July 2010)
This apartment is not for owners occupation, however is a huge addition to anyone's superannuation of property portfolio.
This property will impress any astute investor or retiree as it can and will provide you with a passive income.
This outstanding serviced apartment building is tenanted by one of Melbourne's most sought after and professional serviced apartment companies.
All outgoings are paid in full by the tenant with the experience of a sinking fund designed by the owners corporation of the building.
All furniture supplied and upgraded by the tenant also become the property of the apartment owner.
This 6.6% (net) return will provide any investor with great potential income and capital growth within a median to long term plan.
This property is of a very high standard and has regular rental increases every 2 years with CPI.
For a private inspection at a time that suits please call James Bartolo on 0413 561 054 at Thomson Real Estate Northcote on 9489 5777.
This is a private sale and available now at $205,000 settlement terms 60/90 days.
James Bartolo : 0413 561 054
Property History for 302/60 Market St, Melbourne, VIC 3000
- 19 Jul 2010Sold for $190,000
- 23 Apr 2010Listed for Sale $205,000
- 11 Apr 2003Sold for $196,700
Recent sales nearby
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About 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 64,270 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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