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427/305 Murray Street, Perth, WA 6000-Image

427/305 Murray Street, Perth, WA 6000

$249,000 - $370,000

Apartment

Type

Bedrooms

Bathrooms

Published on Friday, May 01, 2026 ( See property details for 427/305 Murray Street, Perth, WA 6000)

$249,000 - $370,000

Rob Thomas - Real Estate Agent - New Edge Real Estate

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A fully leased, modern strata hotel unit in Perth's CBD offering strong rental income and long-term lease security with premium hotel amenities.

🏡 Property Highlights

Fully leased strata hotel unit with secure long-term lease from 2023 to 2033
Recent hotel upgrades including new air conditioning, bedding, and furniture
Strong rental performance with recent rent increases exceeding $2,600 for smaller units
Prime central Perth CBD location on Murray Street, close to amenities and transport
Flexible lease options extending to 2063, offering long-term income stability
Includes access to hotel facilities such as 24-hour reception, onsite restaurant, and retail

✨ Key Features

Open-Plan Living
Built-in Robes
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Waterfront / Views
Pet-Friendly
Outdoor Area
Internal Laundry

Suburb and Property Insights of Perth, WA 6000

Murray Street in Perth offers unparalleled convenience and lifestyle, with proximity to cafes, bars, shopping, and public transport. The central CBD location ensures easy access to all essentials, making it ideal for investors and residents alike. The area boasts vibrant urban amenities, a lively atmosphere, and excellent connectivity. Its strategic position supports strong rental demand and long-term growth potential. Enjoy the dynamic city vibe right at your doorstep, with everything Perth has to offer within easy reach.

Frequently Asked Questions

What are the current rental income and lease terms for this hotel unit?

The unit is leased with a 10-year lease from August 2023 to August 2033, with options to extend to 2063, and the gross income last year was $20,841.33 including variable outgoings.

What recent upgrades have been made to the hotel unit?

Recent upgrades include new air conditioning units, bedding, and furniture, which have contributed to increased rental performance over the past six months.

What amenities are available within the Oaks Perth Hotel?

Hotel facilities include 24-hour reception and lobby, onsite restaurant and bar, boutique retail, guest laundry, and conference and meeting rooms.

Is this property suitable for long-term investment?

Yes, the property offers long-term lease security, recent upgrades, and a prime CBD location, making it an attractive investment opportunity.

What are the strata fees and additional costs involved?

Strata admin fees are approximately $454.81 per quarter, with reserve contributions of about $161.03 per quarter. Council rates are $1,319.70 annually, and water rates are $1,096.24 annually.

What to ask about this property to agent?

Are there any upcoming planned renovations or upgrades to the hotel building that could affect strata fees? Are there any restrictions or special conditions associated with short-term residential zoning in this property? Has the property been inspected for any structural or pest issues? Are there any easements, zoning restrictions, or planning applications that could impact future use? What are the terms and conditions of the lease, including renewal options and rent review clauses? Are there any ongoing or upcoming construction projects nearby that could affect the property’s value or enjoyment? Is the property compliant with all current building and safety regulations? Are there any strata or body corporate fees not disclosed that could impact investment returns? What is the history of rent increases and occupancy rates for this unit? Are there any potential risks related to flood, bushfire, or other environmental hazards in this area?

427/305 Murray Street, Perth, WA 6000 - More Details

$249,000 - $370,000

Type: Apartment
Bedrooms: 1
Bathrooms: 1
House Size: 31 m²

427/305 Murray Street, Perth, WA 6000 - Point Of Interest

Locate Near By Places of 427/305 Murray Street, Perth, WA 6000 On Map

Your Commute at a Glance: 427/305 Murray Street, Perth, WA 6000

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