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65-79 Russell Street, Morley, WA 6062

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65-79 Russell Street, Morley, WA 6062

Morley

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65-79 Russell Street, Morley, WA 6062

65-79 Russell Street, Morley, WA 6062

Properties / Sold / Western Australia / Morley
Development Potential
Property Type
Commercial, Mixed Use
Sub Type
Retail/Shopping Centre
Land Area
18,439 m² (*approx)
Selling Method
EOI: Contact Agent
EOI Closing Date
18 Jul 2025 02:00PM
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Former Bunnings Warehouse Site In Perth Primed For Redevelopment
  • Expansive 1.84-ha Site
  • Attractive Central Core Zoning
  • Excellent Repositioning Opportunity

Colliers Retail Middle Markets are proud to present a rare opportunity for an investor, developer or owner-occupier to reposition or develop a former Bunnings Warehouse, in the heart of Morley, a major commercial, retail, civic and education precinct 10km north-east of Perth CBD.

The expansive 18,439m² land holding features a quality 10,303m² former Bunnings Warehouse, including a 3,955m² yard area. It is strategically located opposite the Morley Galleria Shopping Centre, a major shopping, dining and entertainment hub with an approved $350 million redevelopment. The site benefits from strong connectivity via the Bayswater METRONET bus interchange providing access to the recently completed $500 million Bayswater Station with connections to the Midland, Airport and Morely-Ellenbrook lines.

The site features flexible Central Core zoning, providing a multitude of repositioning and development opportunities for mixed use, retail or commercial usages (STCA). Concept designs leverage existing structural efficiencies for a mixed-use scheme incorporating retail, childcare and commercial uses.

This is a rare opportunity to acquire a development site in a prime location with a wide range of repositioning and redevelopment opportunities.

• Strategic 1.84-hectare site with former 10,303m² Bunnings Warehouse

• Expansive land uses under ‘Central Core’ zoning in Morley Activity Centre 10km from Perth CBD

• Total Trade Area retail expenditure forecast to grow by 3.2% p.a until 2046¹

• Prime location along Russell Street providing high visibility with 14,000 cars passing every weekday²

• 95% of Greater Perth’s population live within a 60-minute drive time of the site

• Limited supply of appropriately zoned development sites with existing structural efficiencies

• Repositioning opportunities for mixed use, retail or commercial uses (STCA)

¹ Location IQ Trade Area Analysis – Morley May 2025

² Main Roads WA Traffic Map 2023

STCA – Subject to Council Approval

*All figures approximate and site boundaries indicative only

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Development Site Summary

Property Type
Commercial, Mixed Use
Sub-type
Retail/Shopping Centre
Land Area
18,439 m² (*approx)
Selling method
EOI: Contact Agent
EOI Closing Date
18 Jul 2025 02:00PM

Development Site Highlights

Former Bunnings Warehouse Site In Perth Primed For Redevelopment
  • Expansive 1.84-ha Site
  • Attractive Central Core Zoning
  • Excellent Repositioning Opportunity

Colliers Retail Middle Markets are proud to present a rare opportunity for an investor, developer or owner-occupier to reposition or develop a former Bunnings Warehouse, in the heart of Morley, a major commercial, retail, civic and education precinct 10km north-east of Perth CBD.

The expansive 18,439m² land holding features a quality 10,303m² former Bunnings Warehouse, including a 3,955m² yard area. It is strategically located opposite the Morley Galleria Shopping Centre, a major shopping, dining and entertainment hub with an approved $350 million redevelopment. The site benefits from strong connectivity via the Bayswater METRONET bus interchange providing access to the recently completed $500 million Bayswater Station with connections to the Midland, Airport and Morely-Ellenbrook lines.

The site features flexible Central Core zoning, providing a multitude of repositioning and development opportunities for mixed use, retail or commercial usages (STCA). Concept designs leverage existing structural efficiencies for a mixed-use scheme incorporating retail, childcare and commercial uses.

This is a rare opportunity to acquire a development site in a prime location with a wide range of repositioning and redevelopment opportunities.

• Strategic 1.84-hectare site with former 10,303m² Bunnings Warehouse

• Expansive land uses under ‘Central Core’ zoning in Morley Activity Centre 10km from Perth CBD

• Total Trade Area retail expenditure forecast to grow by 3.2% p.a until 2046¹

• Prime location along Russell Street providing high visibility with 14,000 cars passing every weekday²

• 95% of Greater Perth’s population live within a 60-minute drive time of the site

• Limited supply of appropriately zoned development sites with existing structural efficiencies

• Repositioning opportunities for mixed use, retail or commercial uses (STCA)

¹ Location IQ Trade Area Analysis – Morley May 2025

² Main Roads WA Traffic Map 2023

STCA – Subject to Council Approval

*All figures approximate and site boundaries indicative only

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Property Location of 65-79 Russell Street, Morley, WA 6062

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Report Contains

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Colliers Sydney CBD
Colliers Sydney CBD
Level 30, Grosvenor Place, 225 George Street, Sydney, NSW, 2000
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