OFF MARKET

111 Broun Avenue
Morley WA 6062

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 96m2
Land area: 769m2
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Property Details for 111 Broun Ave, Morley

111 Broun Ave, Morley is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1968. The property has a land size of 769m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
1968
Floor Size
96m2
Land Size
769m2
Local Government
Bayswater
Lot/Plan
17/D031027

Last Listing description (February 2023)

We are proud to bring to market this warm and well-presented family home on a super-sized block (769m2) zoned R60/R100 with PRIME DEVELOPMENT POTENTIAL located in the heart of vibrant Morley.

Situated within the sought-after Morley inner city precinct less than 8km from the CBD, this premium block holds enormous development potential with yet-to-be subdivided properties like this becoming extremely rare in the area. The property provides for both multiple residential and/or small-scale commercial development options (subject to approval of relevant authorities).

This highly desirable home is located just a stone's throw away from the Galleria Shopping Centre, Coventry Village, green space, schools, and transport nodes. This lively area continues to progress following the Morley Activity Centre Plan (MACP) which focuses on high quality growth. This property is located within the inner city residential (Precinct 5) in the MACP.

https://www.bayswater.wa.gov.au/development/strategic-planning-projects/morley-activity-centre-structure-plan

THE HOME is double-brick and tile and oozes character with beautiful, polished jarrah floorboards throughout, feature cornices and three spacious bedrooms. The inviting living area flows seamlessly into the kitchen, which offers a functional space and a bright outlook onto the backyard greenery.

For entertaining there is stylish timber deck accessed off the kitchen/dining area which presides over a spacious backyard. The lush established gardens and grassed areas is a feature in itself, all fully bore reticulated providing an easy-care solution for those wanting to sit back and relax.

The home features a renovated bathroom and the well sized laundry area has a large linen press and separate toilet. The colour palate creates a cohesive home with a light and airy feel throughout.

THE BLOCK offers 769m2 of prime land presenting many investment opportunities to pursue now or bank for future development. The R60/R100 zoning provides potential at various scales from a multi-townhouse configuration up to a four-storey apartment building, as well as small-scale commercial including consulting practices and offices. The indicative drawings included here illustrate potential residential development ideas for prospective buyers.

Examples of some opportunities the new owner could consider:

Add your personal touches to the existing home to live in over the longer term with the comfort of sitting on a significant nest egg;
Consider the ideas presented by the indicative drawings to develop immediately and prosper;
Or strike an easy balance, where you could simply develop the rear of the block whilst continuing to enjoy the existing home.

So don't hesitate to come and view you will not be disappointed!

Located within close proximity to many establishments and amenities including:
Less than 8km from the CBD and Perth Airport
Extensive public transport network, with the Morley bus station within 800m, along with the completion of a Metronet station nearby soon enabling a train corridor.
Walking distance to Galleria Shopping Centre, Coventry Village Shopping Centre, Morley Sport and Recreation Centre, and Bayswater Waves
Very close to nearby primary and high schools; Embleton Primary School, Hillcrest Primary School, Weld Square Primary School, John Forrest Secondary College, and Chisholm Catholic College
Walking distance to numerous green open spaces including Broun Park, Pat O'Hara Reserve, Mckenzie Reserve, and Embleton Golf Course
Easy access to Tonkin Highway and various arterial roads including Beaufort Street and Morley Drive

Disclaimer: The information provided herein has been prepared with care however it is subject to change and cannot form part of any offer or contract. Whilst all reasonable care has been taken in preparing this information, the seller or their representative or agent cannot be held responsible for any inaccuracies. The drawings are intended to be general in nature and are subject to approvals from relevant authorities. They shall be considered indicative only and remain the property of the vendor. Interested parties must be sure to undertake their own independent enquiries and assessment.

Property History for 111 Broun Ave, Morley, WA 6062

A timeline of how this property has performed in the market
Last Sold
$620,000
22 Jun 2022
Listed for Rent
$480/w
06 Oct 2022
  • 09 Feb 2023
    Listed for Sale SOLD
  • 21 Sep 2022
    Listed for Rent - Price not available
  • 22 Jun 2022
    Sold for $620,000
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About Morley 6062

The size of Morley is approximately 10.4 square kilometres. It has 46 parks covering nearly 8.8% of total area. The population of Morley in 2011 was 20,301 people. By 2016 the population was 21,519 showing a population growth of 6.0% in the area during that time. The predominant age group in Morley is 20-29 years. Households in Morley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Morley work in a trades occupation. In 2011, 70.7% of the homes in Morley were owner-occupied compared with 68.8% in 2016.

Morley has 11,486 properties. Over the last 5 years, Houses in Morley have seen a 88.64% increase in median value, while Units have seen a 93.21% increase. As at 31 October 2024:

  • The median value for Houses in Morley is $825,646 while the median value for Units is $582,056.
  • Houses have a median rent of $680 while Units have a median rent of $645.
There are currently 52 properties listed for sale, and 15 properties listed for rent in Morley on OnTheHouse. According to CoreLogic's data, 441 properties were sold in the past 12 months in Morley.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.