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Overview
This versatile and well-positioned property on Drake Street offers a unique opportunity, combining a sturdy 3-bedroom, 1-bathroom home with exciting development potential thanks to its R40/60 zoning on a generous 728sqm block. Ideal for a range of buyers, from investors seeking rental income to developers planning subdivision or families looking for a solid home with space to grow.
The home's layout thoughtfully separates living spaces, with a spacious front lounge featuring character ceilings and climate control, creating a comfortable retreat. The adjoining open-plan dining and kitchen benefit from natural light through a skylight and are equipped with practical electric appliances, ample storage including a double-door pantry, and double sinks, promoting convenience and ease in day-to-day living.
A notable feature is the expansive rear family room, finished with durable timber-look flooring and its own air-conditioner, offering versatile space for family activities or relaxation. Separate laundry and a modern bathroom with a powder vanity ensure functional living requirements are well met.
- Securely gated front yard and driveway provide privacy and peace of mind.
- Single-width tandem lock-up carport and drive-through access allow parking for two vehicles plus additional space between the carport and a sizeable workshop shed, which features two roller doors and is perfect for hobbies or storage.
- The extensive backyard with established lawns and a covered patio encourages outdoor entertaining and quiet enjoyment of the green space.
- Additional features such as security cameras, doors, roller shutters, and solar hot water system add quality and efficiency to the property.
Situated in a sought-after Morley location, close to Bedford and Dianella, residents enjoy easy walking access to parks, schools, early learning and fitness centres, dining options, and public transport including the Galleria Bus Station and upcoming Morley Train Station. Nearby shopping and food precincts, as well as golf courses and major arterial routes, enhance the lifestyle convenience.
This property is a compelling proposition for those with vision, patience, or an interest in development potential, offering flexible options and a prime location to suit various long-term strategies.
Local Market Insights
In Morley, Quiet Listings observed 45 new houses entering the market over the last 30 days, up from 12 during the previous 30-day period, with an average advertised asking price of $952,738. The property type mix of listed properties is predominantly Houses at 81%, followed by duplexes (8%), and land (5%). Eq Realty was the most active agency monitored, representing 29.1% of all new listings monitored during the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Morley WA 6062
Market Insights for Morley WA 6062
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
