Sold
40/165 Grand Boulevard, Joondalup WA 6027
Sold price: $305,000
Sold: 23 Oct 2023
Sold
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1 Bedroom
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1 Bathroom
Unit
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HUGE RENTAL YIELD: Ideal for the savvy Investor!
Discover a remarkable investment opportunity in the heart of Joondalup! This tidy one-bedroom apartment is currently leased until February, fetching an impressive $450 per week in rental income.
Key Features
Prime Location: Nestled in the heart of Joondalup, this apartment offers unrivaled convenience with Lakeside Shopping Centre just a stroll away. Enjoy shopping, dining, and entertainment at your doorstep.
Near Educational Institutions: Perfectly positioned for students and faculty, the property is in easy reach of ECU University and the North Metropolitan TAFE.
Effortless Commuting: Seamlessly access bus and train services nearby, making your daily commute a breeze.
Comfortable Living: Inside, you'll find porcelain tiles and carpet throughout, creating a cozy and stylish living space. Stay comfortable year-round with the reverse cycle air-conditioner.
Amenities Galore: This building boasts an air-conditioned gym for your fitness needs, plus an upstairs outdoor barbeque/patio area for social gatherings and relaxation.
Investor's Paradise: With a strong rental income and prime location, this apartment is an extraordinary opportunity for savvy investors.
Property snapshot by reiwa.com
This property at 40/165 Grand Boulevard, Joondalup is a one bedroom, one bathroom unit sold by Matt Nylander at Shyft Realty on 23 Oct 2023.
Looking to buy a similar property in the area? View other one 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
