OFF MARKET

309/305 Murray Street
Perth WA 6000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 36m2
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Last updated 28 Oct 2024
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Property Details for 309/305 Murray St, Perth

Building Type
Commercial
Year Built
2003
Land Size
36m2
Local Government
Perth
Lot/Plan
63/S043394

Last Listing description (July 2019)

Apartment 3.09 (Strata Lot 63) at Mantra on Murray offers investors many benefits including the following:
A new new 5 year lease (still more than 4 years to run)
2 X CPI Rent rent reviews during this current term

Options available
Market Value review at each lease renewal
No vacancies - and no agents fees which go hand in hand with
vacancies
Tenant pays Council Rates, Water Charges & approx 90% of Strata
Levies
Tenant pays building & contents insurances
All this in a superbly located city centre location AND at this price your nett rent return is 6.34%pa.
* For full details and financial information click on the 'Statement of
Information' below.
* You can't live in this property
* Inspections only by appointment - arrange direct with the Agent.

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Property History for 309/305 Murray St, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$228,000
06 Oct 2019
  • 06 Oct 2019
    Sold for $228,000
  • 30 Apr 2019
    Listed for Sale Not Disclosed
  • 14 Aug 2018
    Listed for Sale Not Disclosed
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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 11,659 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 166 properties listed for sale, and 72 properties listed for rent in Perth on OnTheHouse. According to CoreLogic's data, 809 properties were sold in the past 12 months in Perth.

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