Reiwa Reiwa
38/167 Grand Boulevard, Joondalup WA 6027

38/167 Grand Boulevard, Joondalup WA 6027

Sold price: $659,000
Sold
Sold: 06 Oct 2025

3 Bedrooms

2 Bathrooms

1 Car

Landsize 117m2

Apartment

Contact the agent

Magda Grek

0406647779

First Western Realty


BIG $47,840 Yearly Rental Return!

3-bedroom 2-bathroom apartment rented by rooms in the heart of Joondalup.

This fantastic investment is within walking distance of everything! Including -
• Lakeside Joondalup Shopping Centre (across the road)
• Joondalup Train and Bus Station (across the road)
• Joondalup Hospital
• Police Academy
• Edith Cowan University Joondalup Campus
• Cafés, restaurants and much more.

• Reap the rewards of this property from the day you purchase it with a huge $47,840 gross per year rental return.

ABOUT THE PROPERTY

* Master bedroom with WIR and bathroom with shower and toilet
* 2 other rooms with built-in double robes
* Another bathroom between rooms 2 & 3
* Family/dining and kitchen open space overlooking the verandah and parks
* Split system air conditioning to the main living

CURRENT LEASES
Bed 1 - $330 gross per week ($275 NET income)
Bed 2 - $285 gross per week ($230 NET income)
Bed 3 - $305 gross per week ($250 NET income)

$920 per week, $47,840 per year
or
$755 per week, $39,260 NET per year (handle the Amenities, which is Water, Gas, Electricity, Internet and Professional Cleaning every 6-8 weeks)

BONUS: ALL FURNITURE AND WHITE GOODS THAT ARE CURRENTLY IN THE HOUSE ARE INCLUDED IN THE SALE PRICE!!!

• Built in 2001
• Ground floor apartment
• 1 car spaces
• Access to complex amenities including pool, sauna and gym
• The council rates are $1,332.09 per annum
• The water rates are: $193.13 (2 months) = $1158.78 per annum
• Strata fees $1,142 per quarter

For more information or book the private viewing call 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.

Property features

  • Below ground pool  
  • Air conditioned  
  • Carports 1
  • Floor area 95m2

Nearby schools

Lake Joondalup Baptist College Combined Non-government 1.1km
Connolly Primary School Primary Government 1.3km
Heathridge Primary School Primary Government 2.0km
Edgewater Primary School Primary Government 2.3km
Currambine Primary School Primary Government 2.3km
Mater Dei College Secondary Non-government 2.4km
Joondalup Primary School Primary Government 2.4km
Joondalup Education Support Centre Primary Specialist 2.4km
Eddystone Primary School Primary Government 2.6km
Poseidon Primary School Primary Government 2.6km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4950554