FOR SALE
$220,000

Murray Street
Perth WA 6000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Impressive Returns, City Stay Investment !

This is a great time to buy this little beauty, located in the Quest West End. It is a fully serviced, fully furnished one bedroom apartment on level 5 with a spacious living/dining room, separate master with built in robe and a great sized bathroom, offering a luxurious spa bath to relax in. The kitchen has a fridge/freezer, hot plates and a microwave, along with a dishwasher. It also has laundry facilities in your own apartment, washing machine, dryer and iron/ing board. As well as a small desk/office area. You will find this just one block from the Perth Arena, easy walk to restaurants, bars, cafe's or even closer is the on-site restaurant called Millioncino's. Kings Park is not too far away offering a pleasant walk for visitors through the botanic gardens with stunning views of Perth's foreshore.
This property has achieved an overall average of 80% occupancy over past 24 months. This has been at the rate $120/night with a 3 night min and is managed currently by Executive Escapes.
You can self manage the property if so desired.
It can also be managed by Quest West End, Quest West End offers you a long term lease, and offers 4 star serviced apartments for short stay visitors paying you rent even when your apartment is vacant.
This is a short term accommodation property: premises used for accommodation that may be occupied by the same person/s for a maximum period of three months within any 12-month period and are not subject to residential tenancy agreements (residential leases).
Council Rates: $1,379.00 p.a (approx.)
Water Rates: $1,560.82 p.a (approx.)
Strata Fees: 
Admin: $474.86 per quarter
Reserve: $167.60 per quarter 
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Property Details for 601/451 Murray St, Perth

601/451 Murray St, Perth is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Bellcourt Property Group - South Perth.

Building Type
Apartment

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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 31.76% increase in median value, while Units have seen a 44.24% increase. As at 30 September 2024:

  • The median value for Houses in Perth is $1,018,196 while the median value for Units is $548,283.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 163 properties listed for sale, and 72 properties listed for rent in Perth on OnTheHouse. According to CoreLogic's data, 808 properties were sold in the past 12 months in Perth.

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Dene Christall
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Bellcourt Property Group - South Perth
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