FOR SALE
$220000

210/305 Murray Street
Perth WA 6000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 30m2
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Second Chance!

Attention savvy investors! We are thrilled to present an unparalleled opportunity to secure a lucrative investment in the heart of Perth's thriving shopping and entertainment precinct. Introducing 210/305 Murray Street – a stunning one-bedroom, one-bathroom apartment that promises immediate returns and long-term stability.
Key Features:
Fixed Lease Agreement: Enjoy the peace of mind that comes with a secure 10-year fixed lease agreement with Oaks Hotel, Resort and Suites Perth. This arrangement guarantees a steady income stream and eliminates the hassles of tenant management.
Prime Location: Situated on the second floor of the prestigious Pacific International Apartment building, this apartment is perfectly positioned to capitalize on the high demand for quality accommodations in Perth's city center. With luxury brands like Chanel, Tiffany and Co, and Louis Vuitton just steps away, along with renowned international eateries such as Furaibo and Fleur, your guests will be immersed in the finest that Perth has to offer.
Attractive Outlook: As Perth continues to attract visitors from around the world, the demand for well-appointed accommodations in prime locations is only set to grow.
Term: 10years commencing 18th Aug 2023
Three further terms of 10 years each (the extra 3 terms are the tenant's option)
Base Rent : $13156.62 Annually excluding GST.
Annual 2.5% base rent increase (subject to 5-yearly market review)
Landlord outgoing credit $3000 p.a
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Property Details for 210/305 Murray St, Perth

210/305 Murray St, Perth is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 30m2. The place is currently for sale with Stage Property.

Building Type
Apartment
Floor Size
30m2

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About Perth 6000

The size of Perth is approximately 4.6 square kilometres. It has 21 parks covering nearly 18.1% of total area. The population of Perth in 2011 was 9,236 people. By 2016 the population was 11,424 showing a population growth of 23.7% in the area during that time. The predominant age group in Perth is 20-29 years. Households in Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Perth work in a professional occupation. In 2011, 37.1% of the homes in Perth were owner-occupied compared with 35.1% in 2016.

Perth has 11,657 properties. Over the last 5 years, Houses in Perth have seen a 33.11% increase in median value, while Units have seen a 45.23% increase. As at 31 October 2024:

  • The median value for Houses in Perth is $1,023,675 while the median value for Units is $548,965.
  • Houses have a median rent of $700 while Units have a median rent of $655.
There are currently 171 properties listed for sale, and 80 properties listed for rent in Perth on OnTheHouse. According to CoreLogic's data, 823 properties were sold in the past 12 months in Perth.

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Vera Zhang
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Anthony Spano
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