3 St Pauls Crescent, Joondalup WA 6027

NEST OR INVEST ( RENT BY ROOMS)

4 bedroom 2 bathroom main house with a completely separate
1 bedroom 1 bathroom + kitchen STUDIO above garage.

This fantastic property is within walking distance to everything! Including;
• Edith Cowan University Joondalup Campus
• Police Academy
• Joondalup Train and Bus Station
• Joondalup Hospital
• Lakeside Joondalup Shopping Centre
• Cafés, restaurants and much more.

WHAT ARE YOUR OPTIONS?
• Reap the rewards of this perfect investment property by renting this property by the room
OR
• Live in the main house with great location and rent the studio

ABOUT THE PROPERTY

MAIN HOUSE - 1 bedroom downstairs (potential 2 bedrooms) with toilet, big living/dining and kitchen open space
On the first floor you have 3 bedrooms, one of them is the master bedroom with ensuite
2 other bedrooms share 1 bathroom with vanity, bath, shower, toilet and corner bath

STUDIO - Fully furnished completely separate with a private entrance and located over the double garage, complete with a living area, fully equipped kitchen, generous size bedroom and 1 bathroom / laundry.

POTENTIAL LEASES (if you buy for investment and rent by rooms)

Studio - $450 gross per week ($400 NET income)

Bed 1 - $230 gross per week ($180 NET income)
Bed 2 - $220 gross per week ($170 NET income)
Bed 3 - $240 gross per week ($190 NET income)
Bed 4 - $400 gross per week ($350 NET income)

$1,540 per week, $80,080 GROSS per year minimum
or
$1,290 per week, $67,080 NET per year (handle the Amenities which is Water, Gas, Electricity, Internet and Professional Cleaning every 6-8 weeks)

This property need some aircon!! so the income will be much higher (can be $91,000 GROSS per year or more)

Strata Fees $299 p/m include building insurance

For further details or an inspection, please contact Magda Grek on 0406 647 779

Details provided for this property is for information only and should not be taken as a representation in any respect on the part of the vendor or their agent. Prospective clients should make their own enquiries regarding the property or fixtures before entering into any Contract or Lease Agreement. All plans and measurements are approximate and not to scale.