156 Russell Street

PREMIUM INVESTMENT - MAJOR TENANT IN PRIME MORLEY LOCATION

JLL is proud to present for sale, on behalf of our client, a premium leased investment property located in the heart of Morley's mixed business precinct.
This corner site spans 2,079 sqm of zoned land on a single title, featuring approximately
650 sqm* of leased warehouse space. Strategically positioned in Perth's northern suburbs,
the property benefits from proximity to shopping centers, car yards, and a densely populated residential catchment.

LOCATION HIGHLIGHTS
Strategically positioned in the thriving center of Morley, just 8km northeast of Perth CBD with excellent transport connectivity via Tonkin Highway and Morley Drive.
The property benefits from its location within Morley's established commercial precinct, anchored by the Galleria Shopping Centre (70,000 sqm) featuring major retailers including Kmart, Woolworths, Coles and Big W.
Surrounding national retailers include Officeworks and various automotive brands, serving a substantial catchment of over 150,000 people.

INVESTMENT OPPORTUNITY
This premium leased investment offers reliable income with a national tenant on a secure long-term 5 year lease with 5 year option. The property represents an excellent opportunity in a high-growth area experiencing urban renewal and increasing population density.

OFFERS INVITED
Closing 4:00pm AWST on Friday the 12th of September 2026
For further information or to arrange an inspection, please contact Angette King or Chris Monterosso.