1305/60 Market Street, Melbourne, Vic 3000

Features two spacious bedrooms with built- in-robes, central bathroom, modern kitchen, large windows, reverse cycle air conditioning, stunning aspect to the south overlooking the Yarra River and Eureka Tower.

Securely leased to Oaks on Market until 2016 with a further 4x5 year options. 5% rent increase every second year (next increase due September this year). Current annual income of approx $27000 pa (around 7.1% on the asking price), tenant pays Corporation fee, Council and Water Rate.

Reliable tenant and a great central Melbourne location. An excellent opportunity to purchase an investment property with regular high cash return.

Inspect by appointment