301/60 Market Street, Melbourne VIC 3000

Investment-grade CBD apartment | Secure lease to 2036 | 7.4% rental yield | Premium Oaks building This one-bedroom apartment in the Oaks on Market Street represents a structured investment vehicle rather than owner-occupier accommodation, positioned within Melbourne’s central business district as a furnished rental property. The property distinguishes itself through its lease structure and income characteristics. The apartment operates under a secure lease extending to 2036, which constrains traditional ownership flexibility but provides predictable rental returns of approximately 19,000 dollars annually. This arrangement appeals primarily to investors seeking passive income rather than those intending to occupy the space. The furnished configuration- including sofas, dining furniture, and entertainment systems- reflects its design for the rental market. Located within a 4.5-star rated building, the property benefits from concierge services, gym facilities, heated lap pool, sauna, and spa amenities, which support the rental appeal and justify the current yield. The building’s position on Market Street places it within walking distance of tram connections, Crown Entertainment Complex, Southbank, and Southern Cross Station, situating it among Melbourne’s primary hospitality and transit nodes. The property’s market position is shaped by its dual constraints and advantages. The prohibition against owner occupation, while limiting the buyer pool, creates a clear investment classification that attracts specific investor demographics focused on yield rather than capital appreciation or lifestyle. The lease tenure until 2036 introduces a finite holding period that requires exit planning. Properties of this type typically appeal to self-managed super funds, portfolio investors seeking diversified income streams, and those pursuing structured asset positions with defined timelines. The 7.4 percent rental yield in the 3000 postcode reflects competitive positioning within Melbourne’s apartment investment landscape, though the lease expiry will influence long-term valuations as the end date approaches.