508/305 Murray Street, Perth WA 6000

Central Perth Investment

Great location and fantastic street view from this north facing position overlooking Raine Square shopping and entertaining precinct, Louis Vuitton and brand new Gucci store.

This self-contained apartment is a secure investment with immediate and constant income under a 10 year lease that commenced August 2023 and due for renewal 17 August 2033 with options of three (3) further terms of 10 years.

Currently leased to Oaks Perth Hotel, part of an Australian wide Oaks Hotels & Resorts group. Located within walking distance to the city central business district, shopping precincts, restaurants, free cat bus, underground train station, and entertainment options making it highly desirable for potential tenants.

FEATURES
- Located on level 5
- North facing with views
- 37sqm internal living serviced apartment
- Furnished and self-equipped
- Reverse cycle air-conditioning

Base Annual Rent $20,856.42
Plus Landlord Outgoings Credit $3,075 p/a

OUTGOINGS
- Strata $831.05 per quarter
- Council $328.95 per quarter
- Water $267.36 bi-monthly payments

For further information contact Tim Duffield today on 0438 885 844

Property features

Air conditioned

Property snapshot by reiwa.com

This property at 508/305 Murray Street, Perth is a one bedroom, one bathroom apartment listed for sale by Tim Duffield at Morgan Sudlow & Associates.

For more information about Perth, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Perth profile page.

If you would like to get in touch with Tim Duffield regarding 508/305 Murray Street, Perth, please call 0438 885 844 or contact the agent via email.

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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 $1.4m

Median $1.2m

Low end $970k

28.3 %

Annual growth

$1.2m

Annual median sales price

$750pw

Annual median rental price

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FAQ's

View the full list of features at 508/305 Murray Street, Perth here.

Nearby schools include St George's Anglican Grammar School, Mercedes College and Highgate Primary School.

Morgan Sudlow & Associates has listed this apartment at 508/305 Murray Street, Perth for sale with a listing price of $245,000.

There are currently no home opens scheduled for 508/305 Murray Street, Perth.

The median house price in Perth is $1,200,000, the median unit price is $490,000.

508/305 Murray Street, Perth WA 6000

Central Perth Investment