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214/60 Market Street, Melbourne

$245,000

Robust investment and a great return

Whether you’re an experienced investor looking to add an easy care piece to your flourishing portfolio, or a first time investor wanting to maximise the return for future purchases, this inspired one bedroom apartment in the brilliant ‘Oaks on Market’ hotel complex is a low risk yet high reward opportunity you don’t want to let slip by.

This truly is the ultimate in ‘set and forget’ investment properties, with an incredibly secure lease lasting until 2036 and a fabulous current rental return of $16735.20 per annum or 6.83% net with CPI increases most years. You also have the added benefit of being in this 4.5-star complex in a quiet CBD pocket which is also conveniently close to great attractions and amenities.

The apartment itself is stylish and modern, coming fully furnished and offering a sizeable living and dining space with sofa and flat screen TV, kitchenette with granite benchtop and stainless steel appliances including an induction cooktop, spacious bedroom with built-in robe, well-appointed bathroom, central heating and cooling, secure building entry, and access to amenities which include a concierge, gym, heated lap pool, sauna, spa, and three function rooms. The ground floor entrance has a bar, restaurant, and lobby as well.

With the city at your doorstep including an abundance of cafes, restaurants, bars, and boutique shopping, you’re also not far from Southbank Promenade, Crown Entertainment Complex, Docklands precinct, trams, Southern Cross Station, and Flinders Street Station.

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