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Estimated rental income of $56,000 per year
Parkside townhouse with studio apartment
What we love…
… are the amazing opportunities this property can provide for you. This 3 bedroom 2 bathroom townhouse boasts three different living zones and easy care living. Add to that a completely independent 1 bedroom 1 bathroom studio apartment as part of the package
… is the capacity to choose what suits you and your circumstance. Both properties are selling fully furnished. The townhouse is vacant. The studio is currently renting at $390 per week until 26th November 2024. ($20,280 per year gross)
… Take your pick:
- Rent out the townhouse at $700 per week and the studio at $390 per week and generate a gross rental income of $56,680 per year.
- Live in the townhouse and rent out the studio to supplement your mortgage
- If you are retired, live in the easy care lifestyle townhouse and generate an income from the studio. Travel and enjoy life while a passive income takes care of things while you are travelling
- Maybe you have an adult moving home with you? Here you can all live together but also provide independence for everyone
- Are you caring for someone? They need to be close enough to keep an eye on and help them out if needed but at the same time you don’t all want to live under the same roof.
Like I said. There’s some options with this one.
… the park side location is fantastic. The living areas downstairs and upstairs and the alfresco have an outlook to the manicured grass and tree fringed outlook. It’s super relaxing and great because the council maintains the park for you.
What to know….
The townhouse
A great floor plan provides three living zones. A home theatre / lounge room, an open plan kitchen / meals / family area flowing to outdoor entertaining and another living zone upstairs.
The master bedroom is generous in size as do the other secondary bedrooms.
Split system heating and cooling.
Lock up storeroom off the alfresco.
The studio
The ever popular independent studio provides an open living zone with its own kitchen and lounge.
The bedroom has a large ensuite that also accommodates a laundry.
Independent entry to the townhouse.
Lock up storeroom
Split system heating and cooling
The property is located within a short walk on the Joondalup CBD, bus station, train station, Joondalup TAFE and Joondalup Shopping Centre.
Council rates: $2,005 per year approx
Water rates: $1,370 per year approx
Who to talk to…
The property is being marketed as a Set Date Sale with a close of offers on Wednesday 17th July 2024 at 5pm. (unless sold prior)
As a buyer price guide the property will be in the $800,000’s
For an information pack or further details please contact Ian Masterson on 0402 311 370 or email me on [email protected]
Property features
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Garages
2
Property snapshot by reiwa.com
This property at 15B Tottenham Road, Joondalup is a four bedroom, three bathroom house sold by Ian Masterson at Realmark North Coastal on 18 Jul 2024.
Looking to buy a similar property in the area? View other four 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
$958k
Median
$800k
Low end
$700k
25.0 %
Annual growth
$800k
Annual median sales price
$635pw
Annual median rental price
