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Colliers International - Perth

65-79 Russell Street Morley, WA 6062

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65-79 Russell Street,
Morley, WA 6062

Shops & Retail • Development Sites & Land

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Colliers International - Perth
Richard Cash
James Wilson
Aidan Austen

Colliers International - Perth

Level 5, 200 St Georges Terrace
PERTH, WA 6000
Colliers International - Perth
65-79 Russell Street
Morley, WA 6062

Map of 65-79 Russell Street

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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

Morley, 6062 demographic data

22,539
Population
$1,583 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households

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