357-359 Benara RoadMorley WA 6062
Property Details for 357-359 Benara Rd, Morley
Last Listing description (May 2026)
Sterling Property is pleased to present for sale 357-359 Benara Road, Morley, a highly versatile and strategically located asset offered with vacant possession.Currently improved with a 38-place childcare centre, this asset presents a compelling opportunity for a range of buyer profiles including residential developers/builders, childcare owner-operators and childcare developers/investors.Opportunity Highlights:?? Expansive 1,528 sqm regular shaped site*?? R25 zoning supporting subdivision potential of up to 4 residential lots (STCA)?? Existing 38-place licensed Long Day Care Centre with scope to extend/refurbish?? Underutilised yield with potential to expand to 65+ places (STCA)?? Morley Median House Price $900,000 with growth of 12.5% over past 12 months. ?? High exposure location with 14,000+ daily average passing traffic numbers**?? 7 primary schools within 2km, underpinning long-term demand?? Strong childcare demand with Gap Maps*** ratio of 3.1 (Morley) and 3.9 (postcode 6062)?? Vacant possession, providing flexible value add or redevelopment options*Approximate **According to Main Roads Traffic Data***According to Gap Maps dataInspections are available by private appointment.357 - 359 Benara Road, Morley is For Sale via Offers Invited closing Thursday 28th May 2026 (AWST), unless sold prior.To request the IM or discuss your interest, please contact the exclusive Selling agents.
Property History for 357-359 Benara Rd, Morley, WA 6062
- 30 Apr 2026Listed for Sale Offers Invited - Contact Agent
- 19 Sep 2023Sold for $1,300,000
- 09 Aug 2012Sold for $444,050
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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 11,604 properties. Over the last 5 years, Houses in Morley have seen a 98.71% increase in median value, while Units have seen a 115.80% increase. As at 31 March 2026:
- The median value for Houses in Morley is $1,024,891 while the median value for Units is $745,651.
- Houses have a median rent of $730 while Units have a median rent of $700.
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