9/533-535 Walter Road E, Morley, WA 6062 | Property Value & History | OnTheHouse
 
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9/533-535 Walter Road E
Morley WA 6062

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 222m2
Land area: 205m2
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Property Details for 9/533-535 Walter Rd E, Morley

Building Type
Commercial
Year Built
1989
Floor Size
222m2
Land Size
205m2
Local Government
Bayswater
Lot/Plan
9/S018033

Last Listing description (March 2024)

Excellent opportunity to acquire a ready to go restaurant along Walter Road, currently trading as Krua Kan Ang Thai Kitchen! 205sqm of total space with a large dining area for catering up to 80 guests, bar/reception, M&F toilets and a fully equipped kitchen.

The premises is positioned on Walter Road East with around 15,000* cars passing daily and shares a large carpark with a range of different businesses including shops, restaurants, gyms, and offices.

Property Features:

- 205sqm total strata area
- Currently equipped for Asian cuisine
- Large dining area with an 80-seat capacity
- Grease trap
- Security with cameras
- Predominantly walk-in / walk-out with a fully equipped kitchen with wok burners, stove, fryers, grill, exhaust hood, fridges, freezers, dishwasher plus drinks fridge and glass fridge at front of house
- In-built speaker system
- M & F Toilets

Tenancy Details:
- Currently leased to Krua Kan Ang Thai Kitchen on a periodic lease at $3,000 per month + Outgoings + GST
- Can be sold with vacant possession or a continuation of the lease
- Tenant has agreed to leave equipped par some personal effects, full list subject to negotiation

Outgoings:
- $2,944Council Rates
- $3,989 Water Rates
- $5,664 Strata Levies ($3,627.12 - Admin | $2037 - Sinking)

For further details or to arrange an inspection please contact the Agents:

Tom Jones
RWC (WA)
Mobile: 0478 771 117
Email: tom.jones@raywhite.com

Lachlan Burrows
RWC (WA)
Mobile: 0499 552 296
Email: lachlan.burrows@raywhite.com

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Property History for 9/533-535 Walter Rd E, Morley, WA 6062

A timeline of how this property has performed in the market
Last Sold
$715,000
06 Feb 2024
Listed for Rent
$49k/w
08 Nov 2023
  • 06 Feb 2024
    Sold for $715,000
  • 08 Nov 2023
    Listed for Sale Sale $699,000, Lease $45,000 + VO's + GST
  • 08 Nov 2023
    Listed for Rent - Price not available
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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 11,586 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.
There are currently 29 properties listed for sale, and 6 properties listed for rent in Morley on OnTheHouse. According to Cotality's data, 423 properties were sold in the past 12 months in Morley.

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