132 Lakeside Drive, Joondalup WA 6027

A RARE, PURPOSE-BUILT INCOME OPPORTUNITY IN THE HEART OF JOONDALUP

$2,320 PER WEEK CURRENTLY RETURNING | 6 FULLY FURNISHED ROOMS | 6 BATHROOMS | PURPOSE-BUILT | ESTABLISHED LODGERS

Some properties are simply built to live in. Others are built with a very clear purpose and 132 Lakeside Drive, Joondalup is one of those rare opportunities.

Purpose-built in 2004 as a high-yield accommodation property, this beautifully maintained 6 x 6 offers a flexible investment setup with five fully furnished bedrooms in the main residence, each with its own ensuite, plus a fully furnished, self-contained studio to the rear with its own bathroom and living space.

Each room is leased individually, with the property currently producing an impressive $2,320 per week, with further potential to increase the return into the future. And perhaps most importantly, this isn't an investment that requires you to start from scratch. Great lodgers are already in place, the property is privately managed, and every detail has been carefully considered to make the accommodation model work.

For an investor looking for an established income-producing property, this is a genuine opportunity to simply take over, look after what is already working and build from there.

The Set Up -

- Purpose-built 3 Storey 6 x 6 accommodation property
- Built in 2004
- 5 fully furnished bedrooms in the main residence
- Fully functional self-contained kitchen in the main residence
- Every bedroom has its own private ensuite, split system air con and smart TV
- Fully furnished, self-contained rear studio with bathroom and living space, split system air con and smart TV
- Private parking for 2 cars
- All rooms leased individually under lodger leases
- Current rental return of $2,320 per week
- Potential for future rental increases
- Established lodgers already in place
- Privately managed
- Perfectly maintained throughout
- A flexible investment opportunity with immediate income
- Designed with functionality and tenant demand in mind
- Strata titled - No fees / Shared Insurance only

Why Joondalup?

Location is a huge part of what makes this investment model work, and this property sits right where you want it - within the heart of Joondalup's thriving education and employment precinct. With major education facilities, shopping, healthcare, transport and everyday amenities all close by, the property is ideally positioned to tap into ongoing demand from students, professionals and other tenants seeking convenient accommodation.

- Walking distance to Edith Cowan University Joondalup Campus
- Walking distance to North Metropolitan TAFE
- Walking distance to Police Academy
- Close to Joondalup Health Campus
- Minutes from Lakeside Joondalup Shopping City
- Easy access to Joondalup Train Station and public transport
- Surrounded by cafes, restaurants, retail, and everyday conveniences
- Convenient freeway access north and south
- Positioned within Joondalup's established education precinct
- Sits within the Joondalup Activity Centre Plan
- AN INVESTMENT THAT'S ALREADY WORKING

This is not just a property purchase - it's an opportunity to take over an established income stream in a proven, high demand location. With strong income already in place, individual lodger leases providing flexibility, a purpose-built configuration and a location that continues to attract students, professionals, and workers, this is the kind of property that offers something a little different from the standard residential investment.
Whether you're looking to add a unique income producing asset to your portfolio or you're searching for an investment that has already been set up and established, 132 Lakeside Drive is well worth your attention.

Viewings are strictly by appointment. Contact Stephanie today to find out more!

**Please be advised that internal images included in the advertising are limited and are not current due to the existing tenancies in place. A private viewing is strongly recommended to appreciate the property, its configuration, and the quality of the accommodation on offer.