913/60 Market StreetMelbourne VIC 3000
Property Details for 913/60 Market St, Melbourne
913/60 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 August 2024.
Last Listing description (October 2024)
Situated in the heart of the city, is this large studio apartment of some approximately 40m2 located with a bright sunny northerly aspect on level nine .
NB. THIS IS FOR THE ASTUTE INVESTOR ONLY - CANNOT BE USED FOR OWNER OCCUPATION
Offering high ceilings, functional floor plan offering a smart central living area in addition to an integrated granite kitchen with quality appliances and space for a queen-sized bed and built in robes. Also included is a sparkling bathroom with a shower over bath and ducted reverse cycle air-conditioning.
Positioned in the immmaculate Oaks On Market apartment hotel with an elegant lobby and a fully renovated restaurant and bar. Thewre is also a fully equipped gymnasium, heated lap pool, sauna, spa.
Leased to the Oaks Group until 31st August 2026 with one further 5 Year option
IMPORTANT INFORMATION:
RENT: $14,820 pa (As of 1st Sept 2024)
RENT REVIEW: Annually
RETURN: 7.5% Gross
(6.7% Nett)
LEASE: Until 31st August 2026
OPTIONS: One Further Five Year Option
OWNER PAYS:
T
Owners Corp Maintenance Fund: $1,600 pa
TENANT (Oaks) PAYS
Owners Corporation Administration Fund
Council Rates
Water Rates
Insurance
General Maintenance
Inspection can be arranged by private appointment.
For further details please contact:
Nick Walters of Kingsford Property - 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 913/60 Market St, Melbourne, VIC 3000
- 29 Aug 2024Sold for $177,500
- 08 Oct 2023Listed for Sale $197,000
- 28 Dec 2013Sold for $210,000
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 64,266 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:
- 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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