329-331 Murray Street, Perth, WA 6000

• Rare freehold Perth CBD holding
• Approx. 853.5sqm lettable area
• Approx. 815sqm land
• Income today + future development potential

OFFERS BY 30 NOV 2026- unless sold prior

Limnios Property Group is pleased to present for sale a rare opportunity to secure a substantial character commercial holding in the heart of Perth's tightly held West End.

Positioned along Murray Street and only moments from the Hay and Murray Street Malls, King Street, Raine Square and Perth's major transport connections, the property combines an established income stream with genuine longer-term repositioning and development potential.

Known as Murray Mews, the property comprises approximately 853.5sqm of combined lettable area across ground and first floor accommodation, with a diverse mix of retail, hospitality and office uses. Its Murray Street frontage is complemented by the character of Murray Mews to the rear, creating a distinctive CBD asset with multiple future possibilities.    

Key Investment Highlights
- Rare character freehold holding in Perth's sought-after West End
- Prominent Murray Street frontage
- Approximately 853.5sqm combined lettable area
- Established mix of retail, hospitality and commercial tenancies
- Current income with upcoming opportunities for self-occupation with Murray St vacancy coming up
- Distinctive Murray Mews laneway environment
- Outstanding CBD location within walking distance of Hay Street Mall, Murray Street Mall, King Street, Raine Square, Yagan Square and Perth Station
- Opportunity to enhance the property's retail presentation, activation and tenant mix
- City Centre – P5 Citiplace zoning under the current planning framework
- Current 5.0:1 plot ratio with potential bonus plot ratio of up to 50%
- Longer-term development potential, subject to planning, heritage and other relevant approvals

The property sits within the established King Street/West End heritage environment, providing an increasingly rare combination of character, income and future optionality in the centre of Perth. The applicable heritage setting will need to be considered in any refurbishment or redevelopment proposal.    

For investors, developers and property groups seeking a strategic CBD holding, 329–331 Murray Street provides the opportunity to secure income today while positioning for the future.