Sold
626/305 Murray Street, Perth WA 6000
Sold price: $310,000
Sold: 06 Jun 2022
Sold
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1 Bedroom
-
1 Bathroom
Apartment
View
PASSIVE INCOME INVESTMENT - 7.65% NET RETURN
- GUARANTEED 7.65% NET RETURN (BASED ON ASKING PRICE)
- HEART OF CBD LOCATION
- LOW OUTGOINGS
- VIEWING BY PRIVATE APPOINTMENT ONLY - CONTACT DAN 0412 832 945
**Please note that owners cannot live in this property**
Walking distance to both bus and train stations, countless social options, and being sold fully furnished and equipped, this studio property is designed for maximum efficiency, style and comfort. With an extraordinary amount of development occurring in the CBD, including the adjacent $75 Million upgrade of Raine Square, this property is ideal for anyone chasing a solid investment.
Featuring a queen bed and spacious living area, this property offers business travellers or couples plenty of space to relax. Built-in furniture like extensive wardrobes, drawers and even a study nook means everything is already in place. The super sleek kitchen boasts great amounts of storage and modern stainless-steel appliances. The contemporary, low-maintenance bathroom comes with ample storage, shelf and bench space, a cool angled shower screen and even a bath to relax in.
Perfectly positioned among the bars, restaurants and social options of the CBD. Across the street to Raine Square with Coles, food court, cinema, Northbridge link and 40 other retail stores.
[Due to the Covid19 pandemic, rental returns were withheld for a period and now are being paid back to owners in-lieu. Below states the adjusted rental amounts]
NET RETURNS (until 1/12/2022)
• $1,975.62 per month
• $23,707.44 per year
NET RETURNS (post 1/12/2022)
• $1,782.45 per month
• $21,056.40 per year
Lease Details:
• Lease expiry 17/08/2023
• 4 x 5 year options remain with the Mantra Hotel
• Water & Council Rates paid for by Mantra Hotel
• Outgoing of $27.75 for strata levy
• Lease agreement available on request
Details:
• Located on level 6
• 44sqm internal living area
• Fully furnished and self-equipped
• Ducted reverse cycle air-conditioning
• 24 hour reception
• Daily housekeeping
• Property meticulously maintained and kept to a high standard & cleanliness
Distances:
• Approx. 250m to Perth Train Station
• Approx. 500m to Woolworths
• Approx. 500m to Northbridge
• Approx. 600m to Elizabeth Quay Bus Station
• Approx. 650m to Perth Arena
• Approx. 750m to Royal Perth Hospital
Call Dan Sharp on 0412 832 945 for more information
Property snapshot by reiwa.com
This property at 626/305 Murray Street, Perth is a one bedroom, one bathroom apartment sold by Dan Sharp at Arena Real Estate Agents on 06 Jun 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.
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
$1.7m
Median
$1.4m
Low end
$1.2m
14.1 %
Annual growth
$1.4m
Annual median sales price
$777pw
Annual median rental price
