196 Walter Road W, Morley, WA 6062 | Property Value & History | OnTheHouse
 
OFF MARKET

196 Walter Road W
Morley WA 6062

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2026m2
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Property Details for 196 Walter Rd W, Morley

Building Type
Commercial
Year Built
1978
Land Size
2026m2
Local Government
Bayswater
Lot/Plan
16/D031131

Last Listing description (August 2020)

Raine & Horne Commercial are excited to present 196 Walter Rd West, Morley for sale, via Offers to Purchase.196 Walter Road West represents a unique opportunity to secure an outstanding commercial property prominently located in Morley. The 2,026 sqm site is prominently located along Walter Rd, directly adjacent to Hungry Jacks. The building, originally built and operated as a Pizza Hut, has been a long standing restaurant site, but provides a multitude of options for a buyer to utilise improvements or redevelop. The existing building provides an opportunity for a buyer to re-establish the existing premises into a restaurant or lease to an occupier to extract income as a leased investment.The property currently offers: - Rangehood - Grease trap - Coolroom & freezer - Servery and bar - New electrical board - All new LED lights throughout - Male & female ablutions - Expansive dining area - Cross over from Walter Rd with substantial onsite parking - Huge potential for signage & exposure - Endless possibilities to renovate, expand or redevelop For Sale: Offers to PurchaseClosing: 5pm Wednesday 12th August 2020To arrange an inspection or for further information, please contact the Exclusive Selling Agent.

Property History for 196 Walter Rd W, Morley, WA 6062

A timeline of how this property has performed in the market
Last Sold
$2,035,000
12 Aug 2020
Listed for Rent
$1.53k/w
19 Jul 2017
  • 12 Aug 2020
    Sold for $2,035,000
  • 24 Jul 2020
    Listed for Sale Offers Closing 5pm Wednesday 12th August
  • 29 Mar 2017
    Listed for Rent $80,000 / year
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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 11,584 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 7 properties listed for rent in Morley on OnTheHouse. According to Cotality's data, 426 properties were sold in the past 12 months in Morley.

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