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65-79 Russell Street, Morley, WA 6062
Morley
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
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
65-79 Russell Street, Morley, WA 6062
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
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Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
