306/60 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 June 2013.
A GREAT LITTLE EARNER-Make me an offer
This is a smart addition to your portfolio. Outstanding serviced fully furnished and superbly decorated studio apartment leased until 2016 with a further 4x5 year options.
Current annual income of approx $16,944 pa (around 7% net on the asking price) with Oaks paying Owner???s Corpration fee, Council and Water Rate. 5% rent increase every second year, reliable tenant and a great central Melbourne location. An opportunity here to negotiate your way into CBD property market.
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 64,266 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:
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