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1208/380 Murray Street, Perth WA 6000

Sold price: $485,000 Sold: 15 Aug 2025
Sold
  • 1 Bedroom
  • 1 Bathroom
  • 1 Car
  • Landsize 73m2
Apartment
1208/380 Murray Street, Perth WA 6000

Calling Investors – Prime Perth CBD Opportunity

Walking distance to the upcoming ECU City Campus (opening 2026), set to bring over 10,000 students and staff into the CBD—significantly boosting future rental demand and property value potential.

Perched on the 12th floor of the iconic NV Apartments, Unit 1208 presents an outstanding investment opportunity in the heart of Perth. This well-appointed 1-bedroom, 1-bathroom apartment with a secure car bay is currently tenanted under the National Rental Affordability Scheme (NRAS).

An ideal choice for investors seeking stable long-term income in a premium inner-city location.

Property Features:
- Timber flooring in dining and living areas
- Carpeted bedroom with built-in robe
- Stylish kitchen with stone benchtops and European appliances (including dishwasher and washer/dryer combo)
- Split system air conditioning to living area and bedroom

World-Class Facilities:

Rooftop (Level 30):
- 25m infinity-edge rooftop pool
- Air-conditioned lounge and dining areas with free Wi-Fi access
- Outdoor theatre, BBQ facilities, and an east-facing terrace with stunning city views

Sky Garden (Level 21):
- Landscaped garden retreat – ideal for relaxing or entertaining

Level 5:
- 21m heated lap pool and spa
- Fully equipped gym with outdoor terrace
- Timber-lined sauna and steam room
- Modern change rooms with showers and accessible facilities

Location Highlights:
- On-site concierge and secure lift access
- Red CAT free bus stop at your doorstep
- Close to cafés, restaurants, shopping, and entertainment
- Easy access to Perth Train Station and future ECU City Campus

Outgoings (Approx.):
- Council Rates: $1,768 p.a.
- Water Rates: $1,276 p.a.
- Strata Admin Levy: $1,020 p.q.
- Strata Reserve Levy: $295 p.q.

Lease & NRAS Information:
- Current Rent: $436 per week (NRAS)
- Rent review : $480 per week from 5 Oct 2025
- Lease Expiry: 10 Nov 2025
- NRAS credit can be transferred to the buyer, or the buyer may choose to opt out of NRAS and rent the property on the open market.

For private viewing, contact:
Derek Tse – 0435 225 038
Email: [email protected]

Disclaimer: The information provided is general and not contractual. Buyers should conduct their own due diligence. No warranties are made regarding the accuracy or completeness of the content.

Property features

  • Air conditioned  
  • Carports 1
  • Floor area 44m2
  • Outdoor entertaining  
  • Built in wardrobes  
  • Balcony  
  • Above ground pool  
  • Outside spa  

Property snapshot by reiwa.com

This property at 1208/380 Murray Street, Perth is a one bedroom, one bathroom apartment sold by Lily Chong at IQI WA on 15 Aug 2025.

Looking to buy a similar property in the area? View other one bedroom properties for sale in Perth or see other recently sold properties in Perth.

Cost breakdown

  • Council rates: $1,768 / year
  • Water rates: $1,276 / year

Nearby schools

0.4km
St George's Anglican Grammar School
  • Secondary
  • Non-government
1.3km
Mercedes College
  • Secondary
  • Non-government
1.6km
Highgate Primary School
  • Primary
  • Government
Disclaimer

Perth overview

Perth is the bustling, exciting capital of Western Australia and the location of the Central Business District. With attractions such as Elizabeth Quay and the Bell Tower, the city basks in the stunning surrounds of the Swan River. Young, hip and evolving at a rapid pace, Perth is firmly establishing itself as a world-class city centre.

Life in Perth

With major developments underway in Perth to elevate the city’s cultural panache, Perth is experiencing a cultural awakening. Laneway bars and rooftop venues are in abundance, as well as a broad range of restaurants to satisfy any palate. Transport in and out of the city is convenient with the Perth Train Station and Bus Station as well as free CAT bus services. Carillion City, Forrest Chase and the Hay Street and Murray Street malls (to name a few) will appeal to retail addicts.

Perth quick stats

High end $1.7m
Median $1.4m
Low end $1.3m
13.2 %
Annual growth
$1.4m
Annual median sales price
$777pw
Annual median rental price

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FAQ's

1208/380 Murray Street, Perth sold on 15/8/2025 for $485,000.

1208/380 Murray Street, Perth was sold by Lily Chong at IQI WA.

You can contact the agent here.

1208/380 Murray Street, Perth is a 1 bedroom, 1 bathroom apartment.
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