7/515 Walter Road E, Morley, WA 6062 | Property Value & History | OnTheHouse
 
OFF MARKET

7/515 Walter Road E
Morley WA 6062

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 250m2
Land area: 250m2
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Property Details for 7/515 Walter Rd E, Morley

Building Type
Commercial
Year Built
2008
Floor Size
250m2
Land Size
250m2
Local Government
Bayswater
Lot/Plan
7/S053538

Last Listing description (June 2025)

RWC WA is pleased to present 7/515 Walter Road East, Morley for sale.

The prominent 250sqm* offering is currently operating as an Organic Wholefood Store and Café with a spacious shop front and cool-rooms to the rear. The versatile space is centrally positioned, easily accessible and could be easily transferable to a range of different uses from offices/consultancy, showroom and shop (STCA).


Key property features:

• 170sqm* shopfront with office, 3.5m* suspended ceilings, tiled floors, and ducted reverse-cycle air conditioning
• Bathroom with shower facilities
• Storeroom
• Three separate cool rooms with a combined area of 30sqm*
• 6.8m* truss height
• Ample common parking
• Potential to be divided into two separate tenancies with independent access
• Includes a range of plant and equipment - list available upon request and includes fridges, benches, cabinets and shelving
• Well maintained strata complex of 38 units, built in 2008, zoned Light Industry

Location benefits:

• Walking distance to the new Morley Train Station and bus terminal
• Close to gyms, eateries, and other amenities
• Prime exposure to Walter Road, with an average of 15,000* vehicles passing daily (Mon-Fri)
• Easy access to Tonkin Highway, Collier Road, and Morley Drive
• Short drive to Morley Galleria

The property will be sold with vacant possession, requiring 60 days notice to the current occupant.

Price: $849,000 + GST

Outgoings pa:

$3,425* Council Rates
$1,618* Water Rates
$4,525* Strata Levies

For further information or to arrange an inspection please contact:

Tom Jones
RWC WA
M: 0478 771 117
E: tom.jones@raywhite.com

Lachlan Burrows
RWC WA
M: 0499 552 296
E: lachlan.burrows@raywhite.com

*Approximately

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Property History for 7/515 Walter Rd E, Morley, WA 6062

A timeline of how this property has performed in the market
Last Sold
$800,000
19 Feb 2025
  • 19 Feb 2025
    Sold for $800,000
  • 07 Feb 2025
    Listed for Sale $ 849,000 plus GST
  • 24 Aug 2007
    Sold for $618,502
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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 11,598 properties. Over the last 5 years, Houses in Morley have seen a 96.83% increase in median value, while Units have seen a 108.26% increase. As at 28 February 2026:

  • The median value for Houses in Morley is $1,002,768 while the median value for Units is $724,200.
  • Houses have a median rent of $730 while Units have a median rent of $650.
There are currently 42 properties listed for sale, and 5 properties listed for rent in Morley on OnTheHouse. According to Cotality's data, 394 properties were sold in the past 12 months in Morley.

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