Sold
4/38 Grand Bvd, Joondalup WA 6027
Listed price: MID $500,000s
Sold: 19 Nov 2024
Sold
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3 Bedrooms
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2 Bathrooms
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2 Cars
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Landsize 156m2
Apartment
View
3 X 2 CLASSY GROUND FLOOR APARTMENT
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.
Property features
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Air conditioned
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Garages
2
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Toilets
2
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Floor area
102m2
Property snapshot by reiwa.com
This property at 4/38 Grand Bvd, Joondalup is a three bedroom, two bathroom apartment sold by Rob Gooden at Property West Real Estate on 19 Nov 2024.
Looking to buy a similar property in the area? View other three 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
$905k
Median
$800k
Low end
$700k
22.8 %
Annual growth
$800k
Annual median sales price
$640pw
Annual median rental price
