Back 119/305 Murray Street
Off Market

119/305 Murray Street

Perth WA 6000

1
1
36 m²
Apartment
Nic PulvirentiNic Pulvirenti, last sold this property on 07 May 2025 after 13 days on market.

Overview

City Life, Short-Stay Investment!

Urban, easy and absolutely effortless. Designed for short-stay living, this studio is all about simplicity, comfort, and city convenience. Leased to the Oaks Hotel, it's a smart, professionally managed investment delivering strong returns. Thoughtfully designed for mobility needs with a spacious walk-in shower and open layout. Right in the heart of Perth, it's a relaxed, low-fuss base perfect for business, leisure, or both. What You'll Adore! • Short-stay accommodation leased directly to Oaks Hotel • Ideal investor opportunity • 90% + occupancy levels • One of the few rooms designed for guests with mobility needs - A rare and valuable feature • Fully furnished studio with queen-sized bed • Purpose-built for accessibility with large walk-in shower • Kitchenette with electric cooktop, microwave, sink & bar fridge • Lift access to all floors • Secure complex with key card access • Reverse cycle A/C and built-in storage • First-floor position with striking mural-facing window • 24-hour reception and daily housekeeping services • Close proximity to Perth's best bars, restaurants & retail • Free CAT bus stop outside, walk to train, Coles & Raine Square • Perfect base for business travellers & weekenders • Perfect for passive investors seeking set-and-forget income Monthly Base Rent $1635.95 Total Base Rent for Q3 2024 $4967.20 What's Around! • Nearest bus stop (Red CAT) - Right outside your doorstep! • Raine Square - Right across the road! • The heart of the CBD - Just a short 2 minute walk! • The Aviary - approx. 120m • Perth Train Station - approx. 130m • Belgian Beer Café - approx. 150m • Magnet House - approx. 260m • Amplifier Bar - approx. 290m • Northbridge - approx. 500m • The Brass Monkey - approx. 550m • RAC Arena - approx. 700m • Elizabeth Quay - approx. 750m • Supreme Court Gardens - approx. 1km • Watertown Outlet Centre - approx. 1.1km The list of nearby amenities could truly go on for days: cafes, restaurants, shopping, nightlife, transport - you name it, it's got it. It's literally on your doorstep - what more could you want? All in all, this short-stay stunner is an absolute treasure and it's right in the heart of the city. Whether you're looking for an urban base, a smart investment, or just a place that feels a little bit iconic, this one is the vibe. Contact NIC PULVIRENTI today! 0479 080 986 | nic@wellsteadteam.com.au Built: circa 2003 Council Rates: approx. $1,306.45 pa Water Rates: approx. $1,776.56 pa Strata fees: approx. $758.82 pa Floor: 36m² Photos by Carly Van Dusschoten from Properth Note: This property description provided is for general information purposes only. Professionals Wellstead Team believes that this information is true & correct but it does not warrant or guarantee the accuracy of the information. Prospective Buyers are asked to undertake independent due diligence regarding the property, as no responsibility can be accepted by Professionals Wellstead Team for any information that may be deemed incorrect.

Features

1 bedroom
1 bathroom
36 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Perth over the last 12 months, the estimated median property value of 119/305 Murray Street is $505k.

Median value
$505k
Estimated value range
$190k - $777k
Median days on market
16
Estimated value trend
15%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Perth. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 119/305 Murray Street

2025
Sold
07 May 2025 by Nic Pulvirenti, of Professionals Wellstead Team

Happy sellers in Perth

92%
92% of sellers in Perth reported that their sale price either exceeded or met their price expectations.

Perth stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 112 reviews in Perth over the last 12 months.

Local market activity for 1 bedroom apartments in Perth

In the last 12 months, 186 one-bedroom apartments similar to 119/305 Murray Street, have been sold.

This represents a 42% increase in one-bedroom apartments sales when compared to the previous 12 months.

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