711/305 Murray StreetPerth WA 6000
Property Details for 711/305 Murray St, Perth
711/305 Murray St, Perth is a 1 bedroom, 1 bathroom Unit and was built in 2004. The property has a land size of 40m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Last Listing description (January 2024)
What a great opportunity to secure this little CBD gem, currently building zoned short stay and has been managed by Mantra Group for many years with good returns for the owner.This studio style apartment presents well and has been owned by the same owner since 2010. Please note the current Lease is due to expire in 17 August 2023 with Mantra group, The complex of owners have now negotiated a new lease with Minor Hotel and they will start commencing the new lease from the 18th of August, further information to be provided.Reasons to buy this apartment:- Building zoned short-stay- Located on level 7 with some City Glimpses - 40sqm internal living - Furnished and self-equipped- Reverse cycle air-conditioning- Strata Levies $830.04 P/Q ( Admin levy $533.03 & Reserve Levy $297.01 )- Estimated Annual base rent of $21288.87 - 10 year lease secured with Minor Hotel effective from the 18th of August 2023Call Josh on 0432 183 369 and Don't miss this opportunity to secure this investment opportunity in the heart of the CBD.Disclaimer:This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Property History for 711/305 Murray St, Perth, WA 6000
- 03 Nov 2023Sold for $220,000
- 18 Jul 2023Listed for Sale Offers from $239,000
- 20 Apr 2010Sold for $296,000
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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 11,656 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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