507/60 Market Street, Melbourne VIC 3000

**Currently leased to the Oaks Group until 1/9/2026, with the option to renew another 5 years. This property guarantees steady NET RETURN of 7.4%-7.6%**

Option to owner occupy or lease through different agencies upon lease expiry with the Oaks.

Current Rent: $1,148.33 per month

Estimated Outgoings:
Council Rates: $196 per quarter approx.
Water Rates: $247 per quarter approx.
OC Fees: $1,359 per quarter approx. (When rented through OAKS, owner pays $1,500 per year and OAKS pays the remaining)

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Nestled in the vibrant heart of the CBD, this chic studio apartment in 'Oaks on Market Hotel' offers unparalleled convenience and modern living. Boasting a spacious central living and sleeping area with built-in robe, a sleek kitchenette, and a stylish bathroom with a shower over bath, this apartment is designed for easy, urban living. Additional features include heating and cooling and secure intercom entry.

Residents enjoy access to top-tier amenities, including a concierge, gymnasium, heated lap pool, sauna, spa, and three function rooms. The ground floor hosts a bar, restaurant, and lobby, with a café also available. Step outside to Melbourne's finest shopping, dining, and entertainment, with Flinders and Southern Cross Stations just around the corner. Positioned near Southbank Promenade, Crown Complex, Bourke Street Mall, and Melbourne's iconic laneways, this prime location places you in the heart of the city's best attractions, with easy access to trams in all directions. Perfect for those seeking comfort, style, and the ultimate urban lifestyle.