View
4x2 TOWNHOUSE + 1x1 STUDIO APARTMENT
ANOTHER UNDER OFFER BY LINDSAY KING
Actual street address is 3 Portwood Cross Joondalup. If you are looking for a great investment opportunity in Joondalup City - then this is it.
Featuring a modern 3 bedroom 2 bathroom, 3 toilet townhouse PLUS a fully self-contained studio apartment offers a great opportunity to get into the rental market and potentially positively gear a property.
Gross rental return is approx $800 per week. Incredibly that is over 6.4% return. The average house rental return is only 4.4% (REIWA).
Joondalup City offers a unique environment for students to "rent by the room" providing them with luxurious accommodation at an affordable price - whilst increasing the rental return to even higher amounts for the owner.
This property is located opposite parkland and very modern through-out, including new paint, new carpets, new lighting and can’t be faulted.
Townhouse:
• 3 double bedrooms, all with either walk-in or built-in robes and includes a massive master bedroom
• 2 huge bathrooms including large ensuite in master bedroom with double vanities
• 3 toilets including a guest powder room
• Central modern kitchen with load of bench and cupboard space, stainless steel appliances and double fridge recess
• New carpet through-out
• New paint through-out
• Huge separate Lounge or 4th bedroom
• Open plan family room and dining area leading out to the private courtyard
• Sky high ceilings through-out
• Large outdoor entertaining area
• Ducted evaporate air conditioning
• Separate laundry
• 2 car garage
• Would achieve approx $500 per week rent
Studio Apartment:
• Separate fully self-contained brick construction studio apartment
• Full Kitchen
• Good size living area
• 1 bedroom with double robes
• 1 bathroom with built-in laundry
• Large balcony
• Separate private access
• Split system air conditioning
• Storage area
• Independent off road parking bay
• Would achieve approx $300 per week rent
• Currently tenanted until 16/08/21 and tenant would like to stay on
General:
• Built in 2008
• 201 m2 approx. of total living area
• Land size 231m2 approx in total
• Very easy walking distance to Edith Cowan University
If you are interested in this great investment or just to live in then give Lindsay King a call to find out more.
Property features
-
Garages
2
Property snapshot by reiwa.com
This property at 3 Alberta Pocket, Joondalup is a five bedroom, three bathroom townhouse sold by Lindsay King at Peard Real Estate on 09 Aug 2021.
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
$960k
Median
$793k
Low end
$700k
23.8 %
Annual growth
$793k
Annual median sales price
$635pw
Annual median rental price
