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Rare unique opportunity - Invest or Nest or Both!!
Welcome to 24 Pimlico Place, a unique and versatile home located in the heart of ever popular Joondalup.
This exceptional opportunity compromise's of an expansive residence that offers unparalleled flexibility and potential, perfect for investors, growing families, or those seeking a multi-generational living arrangement.
This distinctive two storey home features a spacious main residence comprising of 4 bedrooms plus theatre/further bedroom if needed and 3 bathrooms, providing ample space for comfortable living. The well-designed layout ensures privacy and convenience, making it ideal for large families, those who frequently entertain guests or a perfect share home with rooms that can be separately rented for a huge rental return.
In addition to the main house, this property includes a separate, self-contained 1 bedroom studio located at the rear above the garage. The studio comes with its own separated single garage, offering a private and independent space that can be utilised for various purposes. Whether you're looking to generate rental income, accommodate extended family, or have a dedicated guest suite, this studio is a versatile space that gives you options!
Boasting an unbeatable location in Joondalup, this home places you at the heart of a thriving community with unmatched convenience. Just a short distance away, you'll find Edith Cowan University (ECU), the WA Police Academy, and Joondalup Health Campus, making it ideal for professionals & students alike. Enjoy the local vibe with nearby cafes and eateries, or indulge in a shopping spree at the Lakeside Shopping Complex, the region's premier retail hub. With Joondalup Train Station nearby and easy access to the freeway, your daily commutes and travel needs are effortlessly covered too.
This property is designed to meet ALL your needs, whether you're planning to invest, nest, or a bit of both!!
Features you will love include -
- Prime location in Joondalup with EVERYTHING on your doorstep
- Flexible use for investment, multi-generational living, or combined rental income
House -
- Extensive 2 storey home with 4 beds plus theatre or 5 bedrooms
- 3 Bathrooms inc 2 x semi en-suites
- HUGE Master bedroom with super sized en-suite and his & hers robes
- Open plan living & meals
- Modern neat kitchen with stainless steel appliances inc 6 burner stove top and 900mm oven
- Split system air conditioning to theatre/bedroom & living area
- Under stair storage plus large linen cupboard
- Large separate laundry
- Courtyard with part covered alfresco for entertaining
- Double garage with access from laneway and entry to courtyard
Studio -
- Separate laneway access & privacy via garage
- 1 Good sized bedroom
- Open plan living and meals plus balcony
- Split system air con to living
- Bathroom inc laundry
- Single garage
*Both the house and studio are currently rented to excellent tenants with fixed leases in place, offering immediate income over $1,000 per week and added stability -
House - Fixed lease until Nov 2024 at $650 per week
Studio - Fixed lease until April 2025 at $370 per week
(Current market rental appraisals can be provided showing the potential for an even higher return here)
Don't miss this rare opportunity to own a versatile and high-potential property in Joondalup with endless possibilities. Contact Stephanie today to explore the potential of your new home!
Property features
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Air conditioned
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Garages
3
Property snapshot by reiwa.com
This property at 24 Pimlico Place, Joondalup is a six bedroom, four bathroom house sold by Stephanie Briers at Professionals The Wright Team on 27 Aug 2024.
Looking to buy a similar property in the area? View other six 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
