1102/60 Market Street, Melbourne, VIC, 3000

This is the ideal rental investment, to set and forget.
Whether you are seeking an addition to your “self-managed super fund” portfolio or a strong yield property, this is it!
The hotel “Investment Only” features a smart open plan living/bedroom design, kitchen/meals, quality fit-out, central modern bathroom, split system heating/cooling
and great natural light.
The apartment comes fully furnished and residents enjoy the benefits of a gym, heated lap pool, sauna, spa, function room and concierge.
Location is fantastic, close to the city nightlife, world renowned restaurants, bars, boutique retailers, art galleries, transport options and parkland.

Rental Income – *$14,300pa Net
Paid by the Hotel – *$1,433pa Council Land and Water Rates
Paid by the Owner – Owners Corp of *$457pq
Yearly Rent Increases – *4.5%
Leased until 31st August 2026, with 1 further option of 5 Years
Approximately 7.5% Net Return (Purchase Price of $190,000)