View
HUGE HOME WITH MULTIPLE LIVING SPACES
Great tenants long term tenants paying $900 per week. This property has been a positively geared investment for the current owner. Huge rental return of over 8% for the astute investor looking for strong yields.
With low interest rates, strong rental demand in Joondalup and a recovering property market now is the time to buy.
WHY IS THE RENT RETURN SO HIGH??? The property contains
1. Premium 3 bedroom apartment $330 per week
2. Studio apartment $270 per week
3. Ground floor 1 bedroom apartment $295 per week
GRAND TOTAL $895 per week
As the property is so close to Joondalup Hospital it is very popular with doctors, nurses and hospital staff who want to live close to work.
Features include:
Fully furnished
Courtyard
Foxtel points
Secure 2 car garage
Plenty of street parking
No strata fees
Separate Laundry
Surrounded with choice of cafes, restaurants, cinemas, Lakeside Joondalup Shopping Centre, public transport, Joondalup Golf Course, walking trails starting at Yellagonga Regional Park, Neil Hawkins Park and so much more. Bus stop within 50m and Joondalup Train Station only a few minutes.
This property is somewhat unique and has to be seen to be fully understood. If you are looking to expand your investment portfolio contact us today to arrange a viewing.
Property features
-
Garages
2
Property snapshot by reiwa.com
This property at 2/1 Nottinghill Street, Joondalup is a five bedroom, three bathroom house sold by Sheldon Ingham at LJ Hooker Joondalup on 04 Oct 2020.
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
$860k
Median
$745k
Low end
$647k
24.5 %
Annual growth
$745k
Annual median sales price
$650pw
Annual median rental price
