OwnerGDI No. 47 Property Trust
PurchasedDecember 2021
NLA Total515
Car Parking839 bays
Site Area (SQM)3,667

Property Overview

419-431 Murray Street is a ten-level concrete framed car park built in 1984 with approximately 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.