SOLD
Sold on 09 Mar 2024 for $533,500

30/515 Walter Road E
Morley WA 6062

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 215m2
Land area: 215m2
Sold By
Ray White Commercial (WA)
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Property Details for 30/515 Walter Rd E, Morley

Building Type
Commercial
Year Built
2008
Floor Size
215m2
Land Size
215m2
Local Government
Bayswater
Lot/Plan
30/S053538

Last Listing description (May 2024)

RWC WA are pleased to offer for Sale and Lease, 30/515 Walter Road East, Morley.

215sqm* Strata warehouse in excellent locality to amenities, public transport and major road networks.

Property features include:

- 215sqm* strata area (209sqm* NLA)
- 6.5sqm* small office area with kitchenette
- Single toilet with shower
- Manual roller door 4m* (w) by 4.8m* (h)
- 4.5m* to 6.2m* Truss
- 6 x 3 phase outlets
- High bay lighting
- Alarm
- Secure and gated complex of 38 units built in 2008
- Easy access to Tonkin Highway, Collier Road, and Morley Drive to name a few
- Surrounded by fooderies and amenity
- Light industry zoning

Outgoings: $11,298
Lease: $30,000 + outgoings + GST
Sale: $499,000 + GST

For further information or to arrange an inspection please contact the Agents:

Tom Jones
RWC WA
M: 0478 771 117
E: tom.jones@raywhite.com

Lachlan Burrows
RWC WA
M: 0499 552 296
E: lachlan.burrows@raywhite.com

Property History for 30/515 Walter Rd E, Morley, WA 6062

A timeline of how this property has performed in the market
Last Sold
$533,500
09 Mar 2024
  • 09 Mar 2024
    Sold for $533,500
  • 24 Feb 2024
    Listed for Sale Price on Application
  • 26 Apr 2014
    Listed for Sale $353,000 GOING CONCERN
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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 11,489 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 16 properties listed for rent in Morley on OnTheHouse. According to CoreLogic's data, 442 properties were sold in the past 12 months in Morley.

Suburb Insights for Morley 6062

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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.