OFF MARKET

227/305 Murray Street
Perth WA 6000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 31m2
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Property Details for 227/305 Murray St, Perth

227/305 Murray St, Perth is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 31m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
Unit
Year Built
2003
Land Size
31m2
Local Government
Perth
Lot/Plan
53/S043394

Last Listing description (June 2017)

DONT WORRY ABOUT THE RENT, ITS PAID TO YOU MONTHLY
Securely leased to a National Corporate tenant, the Mantra Hotel is the largest based hotel and resort operator across Australia, New Zealand & Fiji. This outstanding apartment provides an excellent return on investment the rent is paid monthly and you don t have to worry about any vacancy factor. The apartment is secured with a 5 year lease and a further 3 X 5 year options. You will pay minimal outgoings with No council or water rates, with only a small charge per quarter for strata fees.
Ideally located at 305 Murray St, Perth the property is in a prime location and provides easy access for hotel guests to all the city has to offer. Inspection by Appointment Only

THIS IS FOR INVESTORS ONLY, NOT AVAILABLE FOR RESIDENTIAL USE.
Features
1 bedroom 1 bathroom, fully furnished & equipped
Guaranteed monthly rental return $1602.59 NET
No council or water rates, only pay $238 per annum for strata fees
Leased for a 5 years with further 3 x 5 year options, regular rent reviews
Marketing and leasing fully managed by Mantra Group
The hotel covers repairs, upkeep and maintenance
Murray Street underground station and free central area transit public transport on doorstep
Contemporary 305 Bar and Restaurant
High Street shopping, bars and restaurants within a few minutes' walk
Executive suite, with kitchen living, and separate bathroom.
Income is not linked to occupancy
General Features
31m2 apartment, fully furnished, fully serviced
Bedrooms:1
Bathrooms:1
Fully-equipped kitchenette
Hairdryer, iron and ironing board
Modem and facsimile lines
ISD/STD direct dial phones
Individually controlled air-conditioning
Cable TV and pay movies
Mini bar, tea and coffee making facilities
Hotel Features
24 hrs reception
Daily housekeeping
Room service

Property History for 227/305 Murray St, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$270,000
08 May 2017
  • 08 May 2017
    Sold for $270,000
  • 28 Apr 2017
    Listed for Sale $275,000
  • 29 Aug 2002
    Sold for $206,700

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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 11,662 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 166 properties listed for sale, and 85 properties listed for rent in Perth on OnTheHouse. According to CoreLogic's data, 827 properties were sold in the past 12 months in Perth.

Suburb Insights for Perth 6000

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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.