4/38 Grand Bvd, Joondalup WA 6027

This beautifully presented ground-floor apartment, featuring 3 bedrooms, 2 bathrooms, and a spacious courtyard, is now for sale. It offers an excellent opportunity for both astute investors and owner-occupiers looking to enjoy the convenience of city living, with easy access to all of Joondalup's many amenities.

Currently tenanted until 16th March 2025 and returning $540.00 per week. For the investor, estimated rental return at end-of-lease would be in the vicinity of $580.00 per week - (5.5% yield).

Current tenants are keen to renew lease for a further 12 months.

Features include: -

* 3 good size bedrooms all with wardrobes
* 2 bathrooms
* Well-appointed kitchen with stainless steel appliances.
* Light, bright meals and family living area
* Quality fixtures and fittings throughout
* 3 split-system air-conditioners.
* Large private courtyard with access from master bedroom
* Storeroom off the courtyard
* 2 allocated secure weatherproof car parking bays, very close to the apartment
* Within walking distance to a wide range of inner-city amenities, including the railway station, Lakeside Joondalup Shopping Centre, restaurants, cafes, entertainment, and more

Strata fee $761.20 per quarter - including reserve fund.
City rates $1,600.00 Per Year
Water rates $180.00 bi-monthly

As this property is tenanted, viewings will be by appointment only. Please call me if you would like to arrange a time to attend.