43/451 Murray Street, Perth, WA 6000 sold on 10 April 2025 | OnTheHouse
SOLD
Sold on 10 Apr 2025 for $1,045,000

43/451 Murray Street
Perth WA 6000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 151m2
Land area: 147m2
Sold By
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SellingKey Canning Vale
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Property Details for 43/451 Murray St, Perth

Building Type
Commercial
Year Built
1995
Floor Size
151m2
Land Size
147m2
Local Government
Perth
Lot/Plan
43/S028593

Last Listing description (July 2025)

Prime Versatile Commercial Space in High-Traffic Perth CBD Location!Positioned at the vibrant intersection of Murray Street & Milligan Street, this high-exposure, multi-use commercial property is a golden opportunity for astute investors and ambitious owner-occupiers alike. Whether you're looking to establish a thriving business, expand your portfolio, or secure a flexible space in Perth's bustling CBD, this property delivers endless potential.Boasting a versatile layout with a ground-level cafe, modern office spaces, and a stylish mezzanine, this rarely available, dual-purpose commercial asset is perfect for hospitality operators, corporate offices, creative workspaces, or even a boutique co-working hub.Property Highlights:This property boasts a versatile 220 sqm net lettable area of commercial space.* Ground-Level Cafe (50 sqm) - High visibility, perfect for an F&B operator or takeaway concept.* Ground-Level Office (97 sqm) - Bright and modern space, ideal for professional services or retail businesses.* Mezzanine Office (70 sqm) - Stylish, carpeted workspace with ample storage, perfect for co-working or private offices.Key Attributes:* Prime CBD Position - Steps from St Georges Terrace, RAC Arena, West Perth, ECU City Campus & Perth City Link.* Unbeatable Foot Traffic - Adjacent to the Quest Hotel and the upcoming Anglican Schools Commission will soon bring increased activity to the area.* Excellent Transport Links - Easy access to public transport, freeway connections & parking facilities.* Built for Success - Previously used as a restaurant & office, offering versatile layout options for multiple business types.Existing Fit-Out & Features:* CCTV & Building Security System* Projector, Screen & Speaker System* Kitchen Rangehood & Cold/Dry Storage* Decorative Elements in the Restaurant* Accessibility Lift & Shared Handicap-Accessible Toilet* 1 Reserved Parking BayNearby Parking for Clients & Staff:* His Majesty's Car Park - 377 Murray Street (24/7 access)* Citipark Car Park - 427 Murray Street (Daily & early bird rates available)* Quest West End Parking - 451 Murray Street (Gated, off-site parking)Unbeatable Location - Walk to Everything!* RAC Arena - 280m* His Majesty's Theatre - 400m* Watertown Brand Outlet Centre - 700m* Yagan Square - 800m* Perth Underground Station - 900m* Elizabeth Quay - 1.2kmZoning:'City Centre' zone, specifically 'Precinct 3', under the City of Perth Planning Scheme No. 2.Strata Levies:Monthly Exclusive Use Fee: $389.52Quarterly Admin Fund Levy: $1,305.87Quarterly Reserve Fund Levy: $460.90With a strategic location, existing fit-out, and growth potential, this is an excellent opportunity for all walks of businesses or co-working ventures looking to thrive in the heart of Perth.For more information or to arrange an inspection, contact the exclusive sales agent Oliver Sim at 0493985859 or oliver@sellingkey.com.au.Disclaimer:The information provided is for general purposes only and is based on details supplied by the seller. While every effort has been made to ensure its accuracy, no guarantee or warranty is given. Interested parties are advised not to rely solely on this information and should conduct their own independent inquiries to verify all details.

Property History for 43/451 Murray St, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$1,045,000
10 Apr 2025
Listed for Rent
11 Dec 2018
  • 10 Apr 2025
    Sold for $1,045,000
  • 14 Feb 2025
    Listed for Sale EOI
  • 18 Apr 2023
    Sold for $1,000,000
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About Perth 6000

The size of Perth is approximately 4.6 square kilometres. It has 21 parks covering nearly 18.1% of total area. The population of Perth in 2016 was 11425 people. By 2021 the population was 13670 showing a population growth of 19.6% in the area during that time. The predominant age group in Perth is 20-29 years. Households in Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Perth work in a professional occupation.In 2021, 32.50% of the homes in Perth were owner-occupied compared with 35.10% in 2016.

Perth has 12,089 properties. Over the last 5 years, Houses in Perth have seen a 58.72% increase in median value, while Units have seen a 56.21% increase. As at 31 December 2025:

  • The median value for Houses in Perth is $1,333,731 while the median value for Units is $630,704.
  • Houses have a median rent of $850 while Units have a median rent of $730.
There are currently 132 properties listed for sale, and 78 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 866 properties were sold in the past 12 months in Perth.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.