518/305 Murray StreetPerth WA 6000
Property Details for 518/305 Murray St, Perth
518/305 Murray St, Perth is a 1 bedroom, 1 bathroom Unit and was built in 2003. The property has a land size of 40m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in January 2014.
Last Listing description (January 2014)
Great yield at around 6.9% net return. No council or water rates, with strata paid for by Mantra Group, the largest Australian based hotel and resort operator across Australia, NZ and south East Asia, with over $7B assets under management.
Location
Mantra On Murray is a highly sought after serviced apartment investment. (non-residential) Located at 305 Murray Street Perth, situated approximately 200m west of the Murray Street Mall, these apartments are in high demand.
Benefits
Guaranteed monthly return
No council or water rates, and main strata paid by Mantra
Leased for a further 5 years with options through to 2043
Marketing and leasing fully managed by Mantra Group
The hotel covers repairs, upkeep and maintenance
Minimal strata payment of around $60.00 per quarter for common areas
A city with fabulous growth projections for tourism and resource based population growth
Murray Street rail station and free central area transit public transport on doorstep
12km to airport
Crown Casino and Perth's best beaches a short distance away
Contemporary 305 Bar and Restaurant
High Street shopping, bars and restaurants within a few minutes' walk
Executive suite, with kitchen living, and separate bathroom.
Income is not linked to occupancy
General Features
Spacious 40m2 apartment, fully furnished, fully serviced
Bedrooms:1
Bathrooms:1
Fully-equipped kitchenette
Hairdryer, iron & ironing board
Modem and facsimile lines
ISD/STD direct dial phones
Individually controlled air-conditioning
Cable TV and pay movies
Mini bar, tea and coffee making facilities
Hotel Features
24 hrs reception
Daily housekeeping
Room service
Foreign exchange
Call Tim Duffield for further details on 0438 885 844.
Property History for 518/305 Murray St, Perth, WA 6000
- 10 Jan 2014Sold for $228,000
- 25 Nov 2013Listed for Sale Offers from $245,000
- 15 Aug 2003Sold for $183,248
Recent sales nearby
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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 12,100 properties. Over the last 5 years, Houses in Perth have seen a 55.65% increase in median value, while Units have seen a 60.09% increase. As at 31 March 2026:
- The median value for Houses in Perth is $1,386,298 while the median value for Units is $697,298.
- Houses have a median rent of $855 while Units have a median rent of $750.
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