Sold
625/305 Murray Street, Perth WA 6000
Sold price: $249,000
Sold: 06 Jan 2022
Sold
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1 Bedroom
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1 Bathroom
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Landsize 33m2
Apartment
View
The CBD accumulator
Imagine having an apartment in the heart of Perth CBD and with that apartment comes a tenant who is one of Australia's most trusted and largest hotel chains and is guaranteed to be your tenant for long period of time.
The CBD is undergoing a renaissance of sorts with the landscape changing at street level and its skyline, with a new permanent residential population, an ever present domestic tourist and a steady stream of international tourists means this location and its business is well positioned to take advantage of it and has a guaranteed longevity.
With a guaranteed lease agreement term that has started on the 18th August 2018 and has the ability to go for four further terms of five years each and a rental return of $16,954.14 per annum, with that amount to increase by 5% or CPI (whichever is the lesser) every year. The lessee also covers all outgoing costs incurred by the property.
My owners instructions are clear, they need this apartment sold, so they can enjoy the latter parts of life. So for more information or to take a look at the lease agreement in full get in contact today.
To book an private inspection today contact Dan Lewis on 0422 293 871 or email [email protected]
Property features
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Toilets
1
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Floor area
33m2
Property snapshot by reiwa.com
This property at 625/305 Murray Street, Perth is a one bedroom, one bathroom apartment sold by Daniel Lewis at LJ Hooker Applecross on 06 Jan 2022.
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
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Council rates: $1,287 / year
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Water rates: $1,449 / year
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Strata fees: $731 / quarter
Nearby schools
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
$1.3m
Median
$1.1m
Low end
$935k
25.7 %
Annual growth
$1.1m
Annual median sales price
$665pw
Annual median rental price
