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Investor or Lifestyle Opportunity - 8.42% Yield!
***Three bedroom, 2 bathroom townhouse plus a completely seperate/ self contained 1 Bedroom, 1 Bathroom Apartment. ALL IN ONE!!!***
Imagine a home that pays you back. At 13A Lakeside Drive, you're not just buying a townhouse, you're buying freedom of choice, including the added benefit of no strata fees. A spacious three-bedroom, two-bathroom townhouse and a fully self-contained one-bedroom apartment sit together under one roof, sharing a double lock-up garage tucked away off a quiet rear laneway.
Three Living Options: **figures based on the current living arrangements**
1) Rent both dwellings and enjoy two rental returns from a single purchase - Income of approx. $80,000 p.a
2) Live in the townhouse and let the apartments rent help with your mortgage - Income of approx. $28,600 p.a
3) Downsize into the apartment while the townhouse brings in the higher income - Income of approx. $51,480 p.a
Step inside the townhouse and the first thing you'll notice is the light. At its heart sits a private, glass-wrapped atrium courtyard filled with tropical palms and strung with festoon lights. It's the kind of space where morning coffee becomes a ritual and summer evenings stretch out over dinner under the lights. Warm timber floorboards flow through the lounge and dining areas and the kitchen comes complete with a gas cooktop, dishwasher, pantry and a breakfast bar where friends can pull up a stool and keep you company. A handy powder room downstairs means guests never need to head upstairs.
When the day winds down, retreat upstairs. The master bedroom is your own private escape, with a walk-in robe and ensuite. Two more generous bedrooms, one with its own walk-in robe, share a bright main bathroom, with extra storage on hand to keep life clutter-free.
The apartment is a little gem in its own right. It has an open living and dining space cooled by a split-system air conditioner and a balcony with lush greenery views. The kitchen is fully equipped, featuring a gas cooktop and pantry. The comfortable bedroom has a walk-in robe, ceiling fan and a combined bathroom and laundry finish off the space. It's perfect for a tenant, a teenager craving independence, or visiting family that feels a world away from the main house.
Then there's the location. You're right in Joondalup's city centre, moments from Lakeside Joondalup Shopping City, the train station, ECU right on your doorstep, Joondalup Health Campus a stone's throw away and a great selection of cafes and parks. Investors, this is a prime location as your tenancy demographic will be an overflow of doctors, nurses, ECU students and police academy cadets. Everything you need is close at hand, which is exactly why tenants and owners love living here.
Contact Ben Connor today on 0410 425 397 for any other information before you make this beautiful townhouse your new home!
SCHOOL CATCHMENT
PRIMARY
Edgewater Primary School
SECONDARY
Belridge Secondary College
PROPERTY PARTICULARS:
Shire Rates: $2,159.74 pa
Water Rates: $1,320.75 pa
NO STRATA FEES
City of Joondalup
Property features
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Gas connected
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Garages
2
Property snapshot by reiwa.com
This property at 13A Lakeside Drive, Joondalup is a four bedroom, three bathroom townhouse listed for sale by Ben Connor at Ray White Inner North.
For more information about Joondalup, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Joondalup profile page.
If you would like to get in touch with Ben Connor regarding 13A Lakeside Drive, Joondalup, please call 0410 425 397 or contact the agent via email.
Cost breakdown
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Water rates: $1,320 / year
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
$1.3m
Median
$1.1m
Low end
$930k
22.5 %
Annual growth
$1.1m
Annual median sales price
$700pw
Annual median rental price
