For Sale

723/305 Murray St, Perth, WA 6000

$289,000

Apartment

Type

Bedrooms

Bathrooms

Published on Thursday, July 23, 2026 ( See property details for 723/305 Murray St, Perth, WA 6000)

$289,000

Bruce Parsons - Real Estate Agent - LJ Hooker - Mirrabooka

Bruce Parsons Senior Sales Executive

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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 secure, high-yield investment opportunity in a well-located Perth CBD apartment within the Oaks Perth Hotel complex.

🏡 Property Highlights

Secure long-term lease with Oaks Perth Hotel until 2033
Prime seventh-floor location within the hotel complex
High rental income with gross annual rent of over $29,000
Ideal for investors seeking a steady income stream
Close proximity to Perth CBD, Elizabeth Quay, shops, and public transport
Perfect for tourists, corporate travellers, and FIFO workers

✨ Key Features

Built-in Robes
Open-Plan Living
Security Screens / Gates
NBN / High-Speed Ready
Internal Laundry
Floorboards
Alarm system
Broadband
Fully fenced
Water tank

Suburb and Property Insights of Perth, WA 6000

Perth CBD offers vibrant city living with excellent amenities, proximity to Elizabeth Quay, diverse dining and entertainment options, strong public transport links, and a thriving business district, making it an ideal location for both residents and investors seeking high demand and convenience.

Frequently Asked Questions

What are the terms of the lease agreement with Oaks Perth Hotel?

The apartment is leased exclusively to Oaks Perth Hotel until 18 August 2033, providing a secure and long-term income stream for investors.

What is included in the rental income and what are the expenses?

The gross annual rent is approximately $29,230, with net income after expenses of around $21,513. Outgoings include council rates, water rates, strata levies, and replacement costs.

Is the apartment furnished or unfurnished?

The listing does not specify furnishings; typically, hotel lease apartments are furnished to meet hotel standards.

What amenities are available within the hotel complex?

The property benefits from the hotel’s amenities, which may include reception, security, and maintenance services, enhancing the living experience.

What are the future development plans or zoning restrictions in the area?

Potential buyers should consult local council planning departments for any future development plans or zoning restrictions affecting the area.

What to ask about this property to agent?

Are there any additional costs or fees associated with the lease transfer or management? Has the property been inspected recently for any structural or maintenance issues? Are there any upcoming changes to strata levies or service charges? Is there any history of disputes or issues with the lease agreement? Are there any planned developments or construction projects nearby that could impact the property?

723/305 Murray St, Perth, WA 6000 - More Details

$289,000

An extraordinary investment opportunity with the Oaks Perth Hotel this 1 bedroom apartment offers a secure income stream.
Positioned on the seventh floor of the hotel complex the apartment forms part of a long term lease exclusively with the Oaks Perth Hotel until 18/8/2033.
Located within close proximity to the CBD,Elizabeth Quay,shops and public transport the property is ideally located for the ongoing demand of tourists,corporate travellers & FIFO workers.

Gross rent before outgoings ( 2025/ 2026) $26,407.27 per annum
Plus landlord outgoing credit $2,822.70 per annum
Total $29,229.97 per annum
Less expenses
Council rates $1,433.20 per annum
Water rates $1,639.85 per annum
Strata levies $2,547.91 per annum
Replacements $2,095.78 per annum

Net rent $21,513.23 per annum

Type: Apartment
Bedrooms: 1
Bathrooms: 1
House Size: 44 m²

Map & nearby places — 723/305 Murray St, Perth, WA 6000

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723/305 Murray St, Perth, WA 6000

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