619 Murray Street, West Perth, WA 6005 sold on 03 September 2025 | OnTheHouse
 
SOLD
Sold on 03 Sep 2025 for $10,300,000

619 Murray Street
West Perth WA 6005

Bedrooms: -
Bathrooms: -
Car spaces: 84
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Property Details for 619 Murray St, West Perth

Building Type
Commercial
Local Government
Perth
Lot/Plan
20/D076517

Last Listing description (January 2014)

Secure West Perth Investment
Located in the prime West Perth office precinct, 619 Murray Street is well located close to the CBD and with easy access to Perth???s main freeway system.
The property is improved with an ???A grade??? four level office complex incorporating a surveyed net lettable office area of 3,984.1sq m over 3 upper levels and a secure ground floor parking area containing 84 single bays and a 245sq m workshop/storage area.

Murray Street is one way at the property and has good street parking on either side of the street.
Plant and equipment upgrades in the form of a new air-conditioning chiller, installed in 2010 and the replacement of lifts which the owners are about to complete, take the worry out of future capital
expenditure requirements.
In Perth???s current tight leasing market, this asset represents an ideal investment backed by a Commonwealth Government lease. The same tenant has occupied the building for over 20 years and exercised a 5 year option in 2012.
- Net Lettable Area: Survey area of 3,984.1sq m. Current lease fixed at 3,950sqm.
- Net Passing Income: $2,535,960 p.a. (as at 1st July 2012)
- Lease Expiry: 28 February 2017
- NABERS Rating: An exemption currently applies.
- Site Area: 2,686 sq m
- Average Floor Plate: Approximately 1,328sq m

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Property History for 619 Murray St, West Perth, WA 6005

A timeline of how this property has performed in the market
Last Sold
$10,300,000
03 Sep 2025
  • 02 Oct 2012
    Listed for Sale Not Disclosed
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About West Perth 6005

The size of West Perth is approximately 2.3 square kilometres. It has 11 parks covering nearly 10.3% of total area. The population of West Perth in 2016 was 5608 people. By 2021 the population was 6102 showing a population growth of 8.8% in the area during that time. The predominant age group in West Perth is 30-39 years. Households in West Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Perth work in a professional occupation.In 2021, 33.70% of the homes in West Perth were owner-occupied compared with 33.00% in 2016.

West Perth has 5,855 properties. Over the last 5 years, Houses in West Perth have seen a 67.65% increase in median value, while Units have seen a 60.37% increase. As at 30 November 2025:

  • The median value for Houses in West Perth is $1,369,070 while the median value for Units is $658,931.
  • Houses have a median rent of $875 while Units have a median rent of $700.
There are currently 50 properties listed for sale, and 28 properties listed for rent in West perth on OnTheHouse. According to Cotality's data, 435 properties were sold in the past 12 months in West perth.

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