Morley WA 6062

Sold price: $450,000 Sold: 06 May 2022
Sold
  • 6 Bedrooms
  • 2 Bathrooms
  • 2 Cars
Duplex

RARE INVESTMENT & DEVELOPMENT OPPORTUNITY!

Rare as hens’ teeth, opportunities like this seldom come to market. Two, yes two (!) 3x1 neat and tidy duplex halves (one fully renovated), sitting on a mammoth 1012m2 block, in one of Morley’s most sought-after pockets on the DIANELLA & NORANDA BORDERS.

Currently configured as two street front blocks of approximately 504m2 & 508m2 respectively, there is conditional approval in place to subdivide into three 337m2 Green Title street front blocks. Thus, whether you’re looking for a superb investment opportunity or preparing for your next development project, this one offers a myriad of possibilities, including:

• Live in one and rent out the other;
• Rent out both and receive a dual income stream;
• Demolish and build 2 new street front homes;
• Demolish and build 3 new street front homes or
• Demolish, subdivide into 2 or 3 street front lots and sell the blocks (you may even choose to keep one for yourself!)

Regardless of what option you choose, you can buy with confidence knowing you're doing so in one of Morley’s most sought-after pockets. Nestled in a quiet family friendly enclave on the DIANELLA & NORANDA BORDER, your less than 100m from sprawling Abinger Reserve and only 600m to the popular Wellington Village shops (home to one of Perth’s best IGA’s).
For larger shopping trips, Hawaiian’s Noranda, Morley Galleria and Coventry Village are within a short drive, as too are several private and public schools. You also have public transport within walking distance, plus the CBD is only 10km away (approximately).

Currently playing host to 2 solid duplex halves, each comprises of 3 bedrooms, 1 bathroom, an open plan kitchen, meals and living area, air-conditioning, covered patio overlooking a large backyard plus carport with side access. Neat, clean and tidy, both provide a very comfortable level of accommodation, with one having been fully refurbished!
With opportunities like this becoming few and far between, don’t delay and express your interest today!


For further details, please contact Geoff Wyllie on 0418 909 540 or email [email protected] or Mark & Debra Passmore on 0411 870 888 / 0411 888 138

NOTE:
1) ALL DEVELOPMENT IS SUBJECT TO COUNCIL & WAPC APPROVAL
2) CONDITIONAL APPROVAL HAS ALREADY BEEN GRANTED FOR 3 GREEN TITLE LOTS
3) ALL AREAS & DIMENSIONS PROVIDED ARE APPROXIMATE AND ARE SUBJECT TO SURVEY
4) BOTH PROPERTIES ARE BEING SOLD ON AN “AS IS- WHERE IS” BASIS

Property features

  • Carports 2

Property snapshot by reiwa.com

This Morley property is a six bedroom, two bathroom duplex sold by Mark & Debra Passmore at Passmore Real Estate on 06 May 2022.

Looking to buy a similar property in the area? View other six bedroom properties for sale in Morley or see other recently sold properties in Morley.

Morley overview

Are you interested in buying, renting or investing in Morley? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.

To provide an understanding of the kind of lifestyle Morley offers, we've collated all the relevant market information, key facts, demographics and statistics to help you make a confident and informed decision.

Our interactive map allows you to delve deeper into this suburb and locate points of interest like transport, schools and amenities. 

Morley quick stats

High end $1.1m
Median $930k
Low end $823k
14.8 %
Annual growth
$930k
Annual median sales price
$750pw
Annual median rental price

Contact the agent

Email the team

Mandatory fields *

Mortgage calculator

FAQ's

The average number of selling days in Morley is 11 days.

The median house price in Morley is $930,000, the median unit price is $675,000.
Call