905/60 Market StreetMelbourne VIC 3000
Property Details for 905/60 Market St, Melbourne
905/60 Market St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 1074m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in August 2016.
Last Listing description (December 2016)
On offer here for the investor is a large two bedroom apartment of 62 square meters situated on Level Nine and with a Southerly aspect looking over the Yarra River towards Southbank.
This apartment offers high ceilings, functional floor plan offering a smart central living and dining area in addition to an integrated granite kitchen with quality appliances. Also include are two large separate bedrooms with built in robes. A sparkling bathroom with a shower over a bath and reverse cycle air-conditioning completes the picture
N.B. THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION.
Leased to the Oaks Group until September 2021
Current rent: $28,294 pa ($544 per week)
Return: 6.75 %
Options: 3 x 5 year options
Rental Increases: CPI increases in years 3, 4 and 5 of each five year lease term
Tenant Pays: Body corporate fees, Council and Water rates, Insurance, General Maintenance and Water usage
Owner Pays: Sinking Fund $413 Per Quarter (Approx)
For further enquires, please call:
Nick Walters of Kingsford Property - Melbourne's Serviced Apartment Specialists
(03) 9682 6222 or 0438 557 885
nick@kingsfordproperty.com.au
Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent.
Property History for 905/60 Market St, Melbourne, VIC 3000
- 22 Aug 2016Sold for $399,000
- 10 Jun 2016Listed for Sale UNDER CONTRACT
- 06 Feb 2012Listed for Sale $380,200
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 64,264 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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