707/305 Murray StreetPerth WA 6000
Property Details for 707/305 Murray St, Perth
707/305 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 44m2 and floor size of 44m2. While the property is not currently for sale or for rent, it was last sold in August 2002.
Last Listing description (August 2019)
- HEART OF CBD LOCATION
- SECURELY LEASED INVESTMENT
This recently refurbished serviced 1 bedroom apartment in the Mantra on Murray Hotel is a perfect investment for your portfolio. Consistent returns and minimal outgoings with no council or water rates payable and only a small charge per calendar month towards strata fees. This property is one of the most reliable investment options in the city. Located centrally in the heart of Perth CBD in Murray Street and adjacent to Raine Square. - Here is your opportunity to purchase this worry-free investment.
andbull; Annual net return of $17,598.96
andbull; Council and Water Rates all paid for by Mantra Hotel
andbull; Located on level 7 North facing aspect
andbull; Fully furnished and equipped 1 bedroom apartment
. The Hotel covers all repairs and maintenance
andbull; Ducted reverse cycle air-conditioning
andbull; Leased for 5 years with a further 3 X 5 year options, rent reviews each 2 years
andbull; Property meticulously maintained and kept to a high standard by Mantra Management
andbull; Central Perth CBD location, walking distance to shopping, dining and nightlife options, as well as 5 minutes to Yagan Square and Northbridge.
andbull; Exciting $75 million redevelopment of Raine Square (adjacent). Including 40 new retail options, Coles, Palace 12 Cinema complex and FREE CAT service bus stop opposite the main entry of the Hotel. Inspection by Appointment Only
THIS IS FOR INVESTORS ONLY and NOT FOR RESIDENTIAL USE
Strata Fees: $86.07 per quarter
NO Council or Water Rates
Call Brent Morfesse 0419 900 747
Property History for 707/305 Murray St, Perth, WA 6000
- 18 Apr 2019Listed for Sale $279,000
- 21 May 2006Listed for Sale 319000
- 06 Aug 2002Sold for $297,100
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0About 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.
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