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Prime Joondalup Investment with Panoramic Bushland Views
**Currently tenanted at $600 per week till 7th June 2026**
This tenanted investment presents an excellent opportunity to secure a spacious and well located three bedroom, two bathroom apartment in the heart of Joondalup, offering strong appeal for both investors and future owner occupiers.
Positioned on the top floor, the apartment features a generous balcony with panoramic views across native bushland and the horizon, creating a peaceful outlook rarely found in such a central location. The open plan living, dining and kitchen area is framed by walls of glass that flood the space with natural light, while wood effect flooring, recessed LED lighting and stone benchtops add warmth and a modern finish. A split system air conditioner services the main living zone for year round comfort.
The spacious kitchen is well appointed with a dishwasher, pantry and ample bench space, making it both practical and stylish. All three bedrooms are generously sized with built in robes, soft carpeting and excellent natural light, providing comfortable private retreats. The master bedroom includes a beautifully designed ensuite, while the main bathroom features contemporary grey tones, black fixtures and floor to ceiling tiling to service the remaining bedrooms.
A cleverly tucked away laundry nook off the main passage includes a dryer and maintains the apartment’s clean, modern lines. Additional features include a secure carport and a large storeroom for added convenience.
Ideally located approximately 800m north of Lakeside Joondalup, the apartment is within easy walking distance to shops, offices, parks, cafes, bars and restaurants, with Joondalup Hospital, Edith Cowan University, Joondalup Train Station and the freeway all close by for effortless connectivity. If convenience, lifestyle and a strong investment location are essential, this central Joondalup apartment is a must to consider.
The numbers:
Strata rates: awaiting confirmation
Water rates: $1,064.17
Current rent: $600 per week
Rental appraisal - $650-$710 per week
Property features
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Garages
1
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Floor area
89m2
Property snapshot by reiwa.com
This property at 15/37 Piccadilly Circle, Joondalup is a three bedroom, two bathroom unit sold by Ian Knight at LJ Hooker Joondalup on 14 Feb 2026.
Looking to buy a similar property in the area? View other three 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
$1.2m
Median
$992k
Low end
$873k
16.3 %
Annual growth
$992k
Annual median sales price
$750pw
Annual median rental price
