721/305 Murray Street, Perth, WA, 6000

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Perth

For Sale

721/305 Murray Street, Perth, WA, 6000

$259,000

33 sq.

Apartment

•

30+ days on the market

What's around 721/305 Murray Street

Secure Long Term Lease to The Oaks Perth Hotel - 6.6% per annum net return on in

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) $21,292.38 per annum Plus landlord outgoing credit $2,884.50 per annum Total $24,176.88 per annum Less expenses Council rates $1,368.75 per annum Water rates $1,639.85 per annum Strata levies $2,054.39 per annum Replacements $2,095.78 per annum Net rent $17,018.11 per annum