250 Walter Road WMorley WA 6062
Property Details for 250 Walter Rd W, Morley
Last Listing description (August 2021)
LJ Hooker Commercial Perth are pleased to present For Lease, 5/250 Walter Road, Morley. A rare opportunity to secure a fully functioning and licensed tavern/restaurant with drive through bottle shop at rear of tenancy.
Located at the gateway to Galleria Shopping Centre, on the corner of Walter Road and Progress Street, this property enjoys exposure to 20,000 passing cars per day. Ample free parking and proximity to public transport ensures a steady stream of patrons. Existing fit out which can be included via negotiation includes commercial kitchen, full height wooden bar, 2 x cool rooms, fridges, freezers, dining tables/chairs, pool tables, TV's and security cameras.
Tenancy divided into:
- Dining area
- Bar (sports bar & formal bar)
- Kitchen
- Bottle shop
- Drive through area
- Pool table area
- 2 x alfresco areas
- Beer garden
- Separate ladies/gents/disabled toilets
- Storage rooms
Internal area of 709.5sqm* plus 155.7sqm* for drive through and 83.5sqm* for beer garden.
Gross Rental:
$400/sqm pa (including Variable Outgoings)
Use:
Would suit a tavern operator or restaurateur but lends itself to other uses such as wedding reception centre.
For further information or to arrange an inspection, contact the exclusive leasing agent Greg D'Arcy.
* approximate
** This is not the sale of the business - it is a Head Lease with the Landlord. **
Property History for 250 Walter Rd W, Morley, WA 6062
- 27 Jun 2021Sold for $4,120,000
- 09 Sep 2020Listed for Rent - Price not available
- 02 Sep 2019Listed for Rent $312,180 / year
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0About 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 11,602 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.
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