589 Morley Dr, Morley is a 4 bedroom, 1 bathroom House and was built in 1970. The property has a land size of 822m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom House sold in Morley in the last 12 months.
Here is an outstanding opportunity to capitalise on current market conditions and profit from the potential of this prime development site in the high-growth, inner-city suburb of Morley. THE PROPERTY:589 Morley Drive is a renovated character home on an 822m2 potential duplex block, ready for you to move in, rent out, or redevelop.THE POTENTIAL:*Demolish and develop (duplex block - subject to approval).*Renovate and sell or retain and rent out the existing home.*Landbank for the future.THE PARTICULARS:Land Area - 822m2Frontage - 20.2mZoning - R25THE LOCATION:*270m to Waltham Reserve*650m to Crimea Park*1.1km to Hampton Primary School*1.7km to Weld Square Primary School*2km to Hampton Senior High School*2.1km to Westfield Galleria*2.5km to Noranda Sporting Complex*3.2km to Morley Primary School*4km to Morley Senior High SchoolYou can contact exclusive selling agent James Thompson for additional information.2023/24 OUTGOINGS (APPROXIMATE):City of Bayswater | $1,860.26 pa Water Corporation | $1,113.30 pa
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 11,494 properties.
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