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The savvy investors dream property!
Wayne and Joshua Carroll from the Professionals are pleased to present to the market 2/69 Grand Boulevard in the sought-after suburb of Joondalup. Presenting an exceptional 4-bedroom, 2-bathroom unit in the heart of Joondalup, offering a fantastic investment opportunity. Currently leased under a unique commercial agreement with Joondalup Hospital, this property provides immediate returns, ensuring a steady income stream from day one. With the tenant covering all outgoings, it's a low-maintenance, high-reward investment. Located in a vibrant, fast-growing area, this unit combines convenience and savvy returns. Whether you're a seasoned investor or looking to start your portfolio, this rare opportunity is not to be missed. Secure your slice of Joondalup's booming market today!
Features:
-Open plan kitchen/dining area which flows into the balcony space
-Split system A/C to this kitchen/dining area
-Well appointed kitchen boasting ample cupboard/bench space, oven, double sink and electric cooktop
-Spacious bedrooms, master bedroom with built in robe
-Two bathrooms boasting single vanity, shower and WC
-Laundry area with sink and separate WC
-Balcony with views of Grand Boulevard
-Multi living with kitchen/living on floor 1 and bedrooms/bathrooms on floor 2
-Rear access/parking
-Two access points, one from Grand Boulevard and Hampton court
**Property is currently RENTED to Joondalup Hospital on a COMMERCIAL LEASE**
ROI = estimated $793.00 week + GST
-Paying $2,821 per month + GST
-Tenants pay ALL OUTGOINGS ($7400 estimation pa)
-3 year lease ending 1st January 2026 however another 2 + 2-year option to extend
Location
Nestled in a coveted locale, this property enjoys close proximity to an array of amenities. Imagine strolling to nearby shops, cafes, and schools, or taking leisurely walks in the serene park just down the road. With its prime location, convenience is at your doorstep. The property itself offers a seamless blend of comfort and style, making everyday living a delight. Whether you're starting a family or seeking a rewarding investment, Joondalup presents the perfect setting, and this property is your key to unlocking its full potential.
Land size: 185m2
Internal area: 138m2
Year built: 2008
Strata Rates: $2,842.40 pa
Council Rates: $1,709.03 pa
Water Rates: $2,857.96 pa
Don't miss out on the chance to secure this fantastic investment and contact the team now for more information!
Property features
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Garages
1
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Floor area
138m2
Property snapshot by reiwa.com
This property at 2/69 Grand Boulevard, Joondalup is a four bedroom, two bathroom unit sold by Wayne Carroll and Josh Carroll at Professionals Carroll Property Group on 27 Oct 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
$905k
Median
$800k
Low end
$700k
22.8 %
Annual growth
$800k
Annual median sales price
$640pw
Annual median rental price
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