FOR SALE
New price $325,000

39/451 Murray Street
Perth WA 6000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 77m2
Land area: 77m2
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Short Stay investment opportunity with this top floor gem!!!

Set in the heart of the thriving and highly sought-after Quest West End, this exquisite top floor mini penthouse is a hidden gem that offers the utmost in quality and convenience. With a superb blend of modern comfort and style, this is an exceptional investment opportunity that any investor wouldn't want to miss.
This gem is fully furnished, exuding a cozy and welcoming aura that sets it apart. It boasts a spacious bedroom and a sizeable study which can easily be converted to a second bedroom, making it a versatile space that caters to various needs. This is a unique feature few city apartments can offer, especially those that provide a long-term commercial lease with good returns.
Sprawling over a generous 77 square meters, the living area is beautifully appointed with top-notch finishes that reflect the utmost attention to detail. Its dynamic location only adds to its allure, providing easy access to all that the vibrant city has to offer. This mini penthouse is not just an investment, but also a testament to quality living.
The apartment has been completely renovated, infusing modern touches while retaining its original charm. It enjoys high occupancy rates throughout the year, a testament to its appeal and desirability. This makes it a desirable investment opportunity that promises steady returns.
In Perth and its surroundings, there is a glaring shortage of this style of unique and tastefully designed apartments. Capitalizing on this apartments distinctive appeal and the current positive market conditions presents an exceptional opportunity for savvy investors. Now is the perfect moment to take advantage of all the positive factors aligning in your favor!
Please note the below:
-Current Quest Lease is until 30/06/2026.
-Property is zoned short term only.
-Current rent is $23,739.13 per annum.
-Strata levies consist of $539.62 admin levy + $190.43 reserve fund = $730.05 P/Q
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Property Details for 39/451 Murray St, Perth

39/451 Murray St, Perth is a 1 bedroom, 1 bathroom Apartment. The property has a land size of 77m2 and floor size of 77m2. The place is currently for sale with The Agency Perth.

Building Type
Apartment
Floor Size
77m2
Land Size
77m2

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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 11,666 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 164 properties listed for sale, and 80 properties listed for rent in Perth on OnTheHouse. According to CoreLogic's data, 826 properties were sold in the past 12 months in Perth.

Suburb Insights for Perth 6000

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Joshua Leader
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Lisa Yates
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The Agency Perth
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.