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Investment or home for the future? Have you always wanted a great investment through real estate, with the acquisition of this superb spacious but low maintenance double-storey residence, also boasting a comfortable rear studio/apartment? Or looking for a lovely townhouse out front and a second income out back? The choice is yours. The income at present is sitting at a very health $1060/week! (House $700, Studio $360/week).
Ideally situated in a superb location both for tenants and owners, a 3 min walk from ECU, WC Tafe, WA Police etc and a further 10 min walk to Joondalup train station and Lakeside Shopping with its cinemas, restaurants and all they have to offer, or you cansit in the lovely park right next to the house, or always stroll around Lake Joondalup or the Yellagonga Regional Park.
This low maintenance property has been built with longevity in mind. Starting with downstairs. There is a massive open plan area, with lounge, dining and kitchen area with high ceilings, porcelain tiles flooring and S/S air conditioning. The kitchen has loads of cupboard space, with stone bench tops, large range stove and breakfast bench plus a large separate laundry and a handy courtyard garden. Not forgetting another huge living room/theatre room/bedroom, with easy potential to be a separate apartment.
Upstairs, is a generous master, with ensuite WIR and Balcony, there are a further 3 generous bedrooms, a study/5th bedroom and family bathroom.
The STUDIO is yet another addition for the perfect as an investment, or maybe a home office, with a kitchen, lounge, and separate with pretty Juliette balcony, with a separate private entrance through the double garage. Currently rented at $360/month.
It is one of those investments that just sound too good to be true - it's not it is True. With huge potential earnings, it could easily be rented out as lodgings, with 6 bedrooms plus a studio, the income would be even greater.
Call today to book a viewing!
Property features
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Garages
2
Property snapshot by reiwa.com
This property at 32 Cornell Parade, Joondalup is a five bedroom, three bathroom house sold by Stella McLean at Harcourts Alliance on 24 Jul 2023.
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
