427/305 Murray Street

In addition to Unit 427, the following fully leased strata hotel units within the Oaks Perth Hotel are also available for purchase: Lot 142 / 604 Lot 154 / 616 Lot 14 / 114 These 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. Fully leased strata freehold unit in Oaks Perth Hotel 10 year lease from 18/08/2023 to 17/08/2033 3 × 10 year options to 2063 Gross income last year: $20,841.33 p.a. (incl. variable outgoings top up) National tenant: Oaks Hotels & Resorts Limited Recent hotel upgrades driving stronger rental performance o Over the past 6 months, Oaks Perth has completed upgrades including new air conditioning units, bedding, and furniture o These 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 Enhances long term income stability and tenant appeal Property features include Internal area: 31sqm Built: 2003 Zoning: Short Term Residential Council: City of Perth Total strata lots: 252 Hotel Facilities feature 24 hour reception & lobby Onsite restaurant & bar Boutique retail on ground floor Guest laundry Conference & meeting rooms Murray 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 Council rates: $1,319.70 p.a. Water rates: $1,096.24 p.a. Strata admin: $454.81/qtr Strata reserve: $161.03/qtr Please 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.