357-359 Benara Rd 3,703 SF Retail Building Morley, WA 6062 For Sale

Sterling Property exclusively brings to market 357–359 Benara Road, Morley WA, a rare, flexible-use opportunity combining high-exposure site characteristics with multiple forward development options.
Comprising a regular-shaped allotment of approximately 1,528 m², the asset is zoned R25, enabling subdivision potential of up to four residential parcels (STCA). Existing improvements include a fully approved long day-care centre licensed for 38 placements, providing immediate occupancy potential for medical operators, allied health professionals, or childcare providers. This underutilised structure also presents significant capacity uplift scope to 65+ places STCA, reinforcing strong income reversion opportunities across the site profile.
Strategically positioned along Benara Road – a commercial axis with 14,000+ average daily vehicles, the property offers symmetrical ingress, adjacency to seven primary schools within 2 km, and locational alignment to lifestyle and retail epicentres of Morley and Dianella. Market analytics demonstrate sustained childcare demand trajectories with Gap Maps ratio data charting at 3.1 (Morley) versus 3.9 (Postcode 6062), signposting core service elasticity to deepen market penetration post-reinvestment.
Combined with robust regional affordability trends (Morley median $900k, up 12.5% YoY), this site delivers competitive pedigree as either a repositioned childcare undertaking or a fully-fledged residential subdivision play.