4/3 Barnett CourtMorley WA 6062
Property Details for 4/3 Barnett Ct, Morley
Last Listing description (May 2023)
Ray White Commercial (WA) is pleased to present for sale 4/3 Barnett Court, Morley. This presents as an excellent opportunity for an entry level investor looking to start their property portfolio.
Property Specifics Include:
- 180sqm of warehouse improvements
- 4 exclusive car bays
- Kitchenette and single WC
- High bay lighting
Lease Specifics Include:
- Tenant: Old School Motorcycles Service and Repairs
- Term: 3 year term expiring 31st August 2023 with a 3 year option
- Security: Personal Guarantee only
- Rent: $22,690.90pa gross (inc outgoings)
- Rent Increase: fixed 4% annual increases and market review at options
Outgoings Include:
- Water Rates $2,000
- Strata Rates $900
- Council Rates $2,400
- Strata building Insurance: $1,200
- Total $6,500
ASKING PRICE $415,000 nil GST - sold as a going concern
The property is located within the heart of the well-established and recognised Morley Commercial / Industrial precinct and is only a short walk away from the Transperth Morley Bus terminal and Morley Galleria Shopping Centre. The property boasts suburb access to major arterial thoroughfares such as Walter Road, Collier Road, Tonkin Highway and numerous others.
Further internal images available upon request.
For more information or to arrange an inspection please contact:
Tom Jones
Ray White Commercial (WA)
M: 0478 771 117
E: tom.jones@raywhite.com
Property History for 4/3 Barnett Ct, Morley, WA 6062
- 14 Mar 2026Sold for $530,000
- 14 Feb 2023Sold for $390,000
- 22 Feb 2022Listed for Sale $415,000 (Sold as Going Concern)
Recent sales nearby
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About Morley 6062
The size of Morley is approximately 10.4 square kilometres. There are 46 parks, covering nearly 8.8% of the 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 11,644 properties. Over the last 5 years, Houses in Morley have seen a 86.96% increase in median value, while Units have seen a 98.75% increase. As at 31 August 2026:
- The median value for Houses in Morley is $1,020,269 while the median value for Units is $706,471.
- Houses have a median rent of $750 while Units have a median rent of $725.
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