{"Slug":"apartment-427-305-murray-street-perth-wa-6000","CanonicalUrl":"https://realsearch.com.au/apartment-427-305-murray-street-perth-wa-6000","Address":"427/305 Murray Street, Perth, WA 6000","Suburb":"Perth","State":"WA","Postcode":"6000","PropertyType":"Apartment","Status":"For Sale","Headline":null,"Description":"In addition to Unit 427, the following fully leased strata hotel units within the Oaks Perth Hotel are also available for purchase:•\tLot 142 / 604•\tLot 154 / 616•\tLot 14 /  114These lots offer similar strong rental performance, long term lease security, and benefit from the same recent hotel upgrades, including new air conditioning units, bedding, and furniture — improvements that have driven rent increases in the past six months more than $2,600+ for smaller units, and larger units $3,700 and $4,600.•\tFully leased strata freehold unit in Oaks Perth Hotel•\t10 year lease from 18/08/2023 to 17/08/2033•\t3 × 10 year options to 2063•\tGross income last year: $20,841.33 p.a. (incl. variable outgoings top up)•\tNational tenant: Oaks Hotels & Resorts Limited•\tRecent hotel upgrades driving stronger rental performance o\tOver the past 6 months, Oaks Perth has completed upgrades including new air conditioning units, bedding, and furnitureo\tThese improvements have resulted in rent increases in the past six months more than $2.600 for smaller units, larger units $3,700 and $4,600.o\tEnhances long term income stability and tenant appealProperty features include•\tInternal area: 31sqm•\tBuilt: 2003•\tZoning: Short Term Residential•\tCouncil: City of Perth•\tTotal strata lots: 252Hotel Facilities feature•\t24 hour reception & lobby•\tOnsite restaurant & bar•\tBoutique retail on ground floor•\tGuest laundry•\tConference & meeting roomsMurray Street is all about convenience and lifestyle right in the heart of Perth. Set in a central CBD pocket, you're moments from cafés, bars, shopping and everyday essentials, with easy access to public transport for a smooth commute in any direction.Legal Particulars•\tCouncil rates: $1,319.70 p.a.•\tWater rates: $1,096.24 p.a.•\tStrata admin: $454.81/qtr•\tStrata reserve: $161.03/qtrPlease note strata fees vary with each unit.  For further details or to arrange a private inspection, please contact Rob Thomas on 0497 906 988. Text or email welcome.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"$249,000 - $370,000"},"Bedrooms":"1","Bathrooms":"1","Parking":null,"Features":[{"Name":"Bedrooms","Value":"1"},{"Name":"Bathrooms","Value":"1"},{"Name":"House Size","Value":"31 m²"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-31.95247747,"Longitude":115.85651858,"Agent":{"Name":"Rob Thomas","CanonicalUrl":"https://realsearch.com.au/agent/rob-thomas"},"Agency":{"Name":"New Edge Real Estate","CanonicalUrl":"https://realsearch.com.au/agency/new-edge-real-estate"},"CreatedAt":"2026-05-01T07:03:43.4952998","UpdatedAt":"2026-05-01T07:03:43.5849758"}