Sold
702/305 Murray Street, Perth WA 6000
Sold price: $235,000
Sold: 15 May 2021
Sold
-
1 Bedroom
-
1 Bathroom
Apartment
View
HASSLE-FREE HIGH RETURNS
This securely leased studio apartment in the Mantra on Murray Hotel is a great investment for your portfolio. Consistent returns and minimal outgoings with NO council or water rates payable and only $22.81 per calendar month towards strata common areas.
- Council & Water Rates are paid by Mantra Hotel
- GROSS Rental Income of $17,285.64 PER ANNUM Less $273.72 in Costs P/A.
- NET ANNUAL Income $17,011.92
- SET, FORGET & GET PAID $ EVERY MONTH
- SOLD FURNISHED & EQUIPPED
THESE APARTMENTS ARE NOT AVAILABLE FOR PRIVATE USE
Features:
- Studio apartment fully furnished & equipped
- 33sqm internal living, level 7 location, best aspect North facing
- Reverse cycle air conditioned (Individual room control)
- Current lease to August 2023 with 3 further 5 year options
- 24 hour reception, daily housekeeping of the apartment
- The Hotel covers repairs and maintenance
- Central Perth CBD location, walking distance to everything in Perth city - shopping, dining and nightlife options
- Facing the stunning new $75 million Raine square development. Including 40 new retail options, food hall, Coles supermarket, Palace Cinemas, and convenient link to Northbridge. Free Cat bus stop adjacent.
For a Private inspection please call Tim Duffield on 0438 885 844
Property snapshot by reiwa.com
This property at 702/305 Murray Street, Perth is a one bedroom, one bathroom apartment sold by Tim Duffield at Morgan Sudlow & Associates on 15 May 2021.
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
$1.3m
Median
$1.1m
Low end
$935k
25.7 %
Annual growth
$1.1m
Annual median sales price
$665pw
Annual median rental price
