WAREHOUSE PLUS ADDITIONAL LAND
• Leased Investment opportunity
• 293sqm Total Strata Area
• Central Morley location
• Potential to further develop / expand the warehouse in future *Subject to approval from strata/local council
• Dual roller door access
• Small complex
Lease Terms
Tenant: Westref Pty Ltd
https://westref.com.au/
Term: 4 years
Expiration: 30th June 2027 (circa 2 years remain)
Options: 2x 2 years
Rent: $28,121.60 p.a. plus GST (as of 1st July)
Reviews: Annually - 4% fixed increase. Market at option
Security: $10,000
Offers to Purchase
(Price Guide: low $500's)
For more information or to arrange a viewing please contact the Sales Agents
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 11,601 properties. Over the last 5 years, Houses in Morley have seen a 93.79% increase in median value, while Units have seen a 99.38% increase. As at 30 November 2025:
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