65-79 Russell Street Morley WA 6062

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)

Expressions of Interest closing 2.00pm (AWST) on Thursday, 18 July 2025.

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