OUR PROPERTIES

419-431 Murray Street

Property Overview

419-431 Murray Street is a ten-level concrete framed car park built in 1984 with 839 car bays. The property is located in the core of the Perth CBD on a 3,667sqm site with dual frontage to both Murray Street and Hay Street, directly adjacent to the new Adnate Hotel. With low operational and capital expenditure forecasted and an improving outlook on Perth CBD occupancies, these car parks offer considerable upside for investors in the near future.

Owner
GDI Property Trust, part of the listed GDI
Purchased
December 2021
Site Area (sqm)
3,667
NLA Total (sqm)
515
Car Parking (Bays)
839

Property Overview

419-431 Murray Street is a ten-level concrete framed car park built in 1984 with 839 car bays. The property is located in the core of the Perth CBD on a 3,667sqm site with dual frontage to both Murray Street and Hay Street, directly adjacent to the new Adnate Hotel. With low operational and capital expenditure forecasted and an improving outlook on Perth CBD occupancies, these car parks offer considerable upside for investors in the near future.

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