Sterling Property is pleased to present for sale 357–359 Benara Road, Morley, a highly versatile and strategically located asset offered with vacant possession.
Currently improved with a 38-place childcare centre, this asset presents a compelling opportunity for a range of buyer profiles including residential developers/builders, childcare owner-operators and childcare developers/investors.
Opportunity Highlights:
🔹 Expansive ,528 sqm regular shaped site*
🔹 R25 zoning supporting subdivision potential of up to 4 residential lots (STCA)
🔹 Existing 38-place licensed Long Day Care Centre with scope to extend/refurbish
🔹 Underutilised yield with potential to expand to 65+ places (STCA)
🔹 Morely Median House Price $900,000 with growth of 12.5% over past 12 months.
🔹 High exposure location with 14,000+ daily average passing traffic numbers**
🔹 7 primary schools within 2km, underpinning long-term demand
🔹 Strong childcare demand with Gap Maps*** ratio of 3.1 (Morley) and 3.9 (postcode 6062)
🔹 Vacant possession, providing flexible value add or redevelopment options
*Approximate
**According to Main Roads Traffic Data
***According to Gap Maps data
Inspections are available by private appointment.
357 – 359 Benara Road, Morley is For Sale via Offers Invited closing Thursday 28th May 2026 (AWST), unless sold prior.
To request the IM or discuss your interest, please contact the exclusive Selling agents.
