10/533-535 Walter Road E, Morley, WA 6062 | Property Value & History | OnTheHouse
OFF MARKET

10/533-535 Walter Road E
Morley WA 6062

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 187m2
Land area: 187m2
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Property Details for 10/533-535 Walter Rd E, Morley

Building Type
Commercial
Year Built
1989
Floor Size
187m2
Land Size
187m2
Local Government
Bayswater
Lot/Plan
10/S018033

Last Listing description (January 2025)

NAI Harcourts Metro is proud to present this great opportunity to purchase a ready to go restaurant along Walter Road, currently trading as Serendipity. With 187 sqm (approx.) of total space with a large dining area for catering up to 75 guests, bar/reception, M&F toilets and a fully equipped kitchen.

The premises is positioned on Walter Road East with around approximately 15,000 cars passing daily and also shares a large carpark with a range of different businesses including shops, restaurants, gyms, and offices.

Property Features:

187 sqm (approx.) total strata area
Currently equipped for Persian Cuisine
Large dining area with an 65 - seat capacity
Grease trap
WIWO with a fully equipped kitchen with burners, stove, fryers, grill, exhaust hood, cold room, fridges, freezers, dishwasher plus display, and front counter in the house
In-built sound system
Male & Female Toilets - Staff Toilets at rear of property

Tenancy Details:
Currently leased to Serendipity on a periodic lease
Can be sold with vacant possession or a continuation of the lease

For further information call Faizel Jassat on 0402 935 786...

Property History for 10/533-535 Walter Rd E, Morley, WA 6062

A timeline of how this property has performed in the market
Last Sold
$700,000
30 Oct 2024
  • 30 Oct 2024
    Sold for $700,000
  • 09 Jul 2024
    Listed for Sale Offers from $750,000
  • 19 May 2008
    Sold for $635,000
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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 2016 was 21530 people. By 2021 the population was 22539 showing a population growth of 4.7% in the area during that time. The predominant age group in Morley is 30-39 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 professional occupation.In 2021, 69.20% of the homes in Morley were owner-occupied compared with 68.80% in 2016.

Morley has 11,585 properties. Over the last 5 years, Houses in Morley have seen a 98.57% increase in median value, while Units have seen a 97.77% increase. As at 31 December 2025:

  • The median value for Houses in Morley is $969,618 while the median value for Units is $693,792.
  • Houses have a median rent of $720 while Units have a median rent of $650.
There are currently 29 properties listed for sale, and 6 properties listed for rent in Morley on OnTheHouse. According to Cotality's data, 425 properties were sold in the past 12 months in Morley.

Suburb Insights for Morley 6062

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.