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711/305 Murray Street, Perth WA 6000

Sold price: $220,000 Sold: 03 Nov 2023
Sold
  • 1 Bedroom
  • 1 Bathroom
Unit
711/305 Murray Street, Perth WA 6000

Great little investment in the heart of the CBD !!!

What a great opportunity to secure this little CBD gem, currently building zoned short stay and has been managed by Mantra Group for many years with good returns for the owner.

This studio style apartment presents well and has been owned by the same owner since 2010.

Please note the current Lease is due to expire in 17 August 2023 with Mantra group, The complex of owners have now negotiated a new lease with Minor Hotel and they will start commencing the new lease from the 18th of August, further information to be provided.

Reasons to buy this apartment:
- Building zoned short-stay
- Located on level 7 with some City Glimpses
- 40sqm internal living
- Furnished and self-equipped
- Reverse cycle air-conditioning
- Strata Levies $830.04 P/Q ( Admin levy $533.03 & Reserve Levy $297.01 )
- Estimated Annual base rent of $21288.87
- 10 year lease secured with Minor Hotel effective from the 18th of August 2023


Call Josh on 0432 183 369 and Don't miss this opportunity to secure this investment opportunity in the heart of the CBD.

Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Property features

  • Floor area 40m2

Property snapshot by reiwa.com

This property at 711/305 Murray Street, Perth is a one bedroom, one bathroom unit sold by Team Leader at The Agency on 03 Nov 2023.

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

0.2km
St George's Anglican Grammar School
  • Secondary
  • Non-government
1.1km
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 $1.2m
Median $974k
Low end $902k
5.9 %
Annual growth
$974k
Annual median sales price
$750pw
Annual median rental price

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FAQ's

711/305 Murray Street, Perth sold on 3/11/2023 for $220,000.

The average number of selling days in Perth is 15 days.
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