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INVESTMENT OPPORTUNITY OR A WONDERFUL PLACE TO CALL HOME!
This property is perfect for a growing family with in-laws or guests in need of their own space. This is a truly unique and rare property that offers the perfect blend of comfort, convenience, and versatility. Boasting 4 spacious bedrooms, 2 modern bathrooms, and a detached self-contained Outhouse, this property is ideal for families or those looking for a strong rental income. With its open plan kitchen and dining, 3 separate living areas, and large 816 sqm block, this property is designed for easy living. In addition, the property features solar power and is conveniently located near a primary school and shopping precinct, making it the perfect place to call home. Don't miss this once-in-a-lifetime opportunity.
This property is not only a great investment opportunity, but also a wonderful place to call home. Whether you're looking to invest for the long term or nest in a spacious and comfortable property, this property offers a multitude of options.
Rent out the main house for a comfortable $550.00 to $590.00 per week, the separate outhouse or $330.00 to $350.00 per week or choose to lease the property as a student share house, with individual room rentals ranging from $175.00 to $240.00 per week. With the potential to convert the living room into a bedroom with a rental of $190.00 to $200.00 per week, this property offers both versatility and profitability. Invest in a property that doubles as a comfortable and secure place to call home. Don't miss this incredible opportunity!
Student share house with rents as below for each room:
Bedroom 1 - $220.00 to $240.00 per week
Bedroom 2 - $190.00 to $200.00 per week
Bedroom 3 - $175.00 to $185.00 per week
Bedroom 4 - $190.00 to $200.00 per week
There is potential to convert the living room into a bedroom, this can give a rental income of $190.00 to $200.00
Nearby
Joondalup Primary School 0.16km
Joondalup Education Support Centre 0.19km
Currambine Primary School 1.43km
Lake Joondalup Baptist College 1.6km
HBF Arena 3.2km
Joondalup Hospital 3.7km
Joondalup Private Hospital 2.8km
Lakeside Joondalup Shopping City 3.6km
Edith Cowan University Joondalup Campus 4.5km
Details provided for this property is for information only and should not be taken as a representation in any respect on the part of the vendor or their agent. Prospective clients should make their own enquiries regarding the property or fixtures before entering into any Contract or Lease Agreement. All plans and measurements are approximate and not to scale.
Property features
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Garages
2
Property snapshot by reiwa.com
This property at 10 Elskie Rise, Joondalup is a five bedroom, three bathroom house sold by Doreen Sharma at First Western Realty on 02 Feb 2023.
Looking to buy a similar property in the area? View other five bedroom properties for sale in Joondalup or see other recently sold properties in Joondalup.
Nearby schools
Joondalup overview
Joondalup is the thriving urban centre of Perth's outer northern suburbs. The city is named after Lake Joondalup and the name Joondalup is a Noongar word, first recorded in 1837 and possibly meaning either "place of whiteness or glistening", or "place of a creature that can only move backwards".
Joondalup's development is relatively recent having only begun in the 1980s, where rapid growth occurred until 2006 and then steadied between 2006 and 2011 as fewer new homes and dwellings were built. Joondalup's 11 square kilometre land area is primarily used for housing and institutional purposes, with some industry sectors in the west and a commercial area in the suburbs centre.
Life in Joondalup
Joondalup's City Centre is relaxed and casual with an alluring combination of cultural, civic and commercial areas built on the edge of Lake Joondalup. Residents and visitors to the area have an array of restaurants and cafes to choose from, as well as a major shopping centre with over 240 stores and a cinema. There is a university in the area, as well as a private hospital and numerous recreational facilities like an aquatic centre, basketball stadium and an arena. Local schools in the suburb include Joondalup Primary School and Lake Joondalup Baptist College.
Joondalup quick stats
High end
$905k
Median
$800k
Low end
$700k
22.8 %
Annual growth
$800k
Annual median sales price
$640pw
Annual median rental price
