Sold
5 Pipit Lane, Joondalup WA 6027
Sold price: $605,000
Sold: 04 Aug 2019
Sold
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6 Bedrooms
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4 Bathrooms
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2 Cars
Townhouse
View
An Investor's Dream - MASSIVE $41,000 yearly rental return
Buyer couldn't get finance so grab yourself a bargain! Suits buyers in the low $600,000’s
5 bedroom 3 bathroom main house with a completely separate 1 bedroom 1 bathroom studio above the 2 car lock up garage
This unreal investment is walking distance to everything! Including the Edith Cowan University Joondalup campus, Police Academy, Joondalup Train Station, Joondalup Hospital, Lakeside Joondalup Shopping Centre, community amenities and more
WHAT ARE YOUR OPTIONS?
-Reap the rewards of this property from the day you purchase it with a huge $41,000 per year rental return
-Live in the main 5 bedroom 3 bathroom house and rent out the separate 1 bedroom 1 bathroom studio for over $13,500 per year
-Live in the 1 bedroom 1 bathroom studio and rent out the main house for $27,300 per year
-Convert the studio to a perfect teenagers retreat or home office
-Big families? Or live in parents? Take advantage of the entire 6 bedroom 4 bathroom property and live in the same home without ever needing to cross over
WHY YOU SHOULD BUY ME!
-Shared living means you’re never without income
-Brand new carpets throughout
-Fresh paint to living areas
-Lake views from the studio balcony
-Bushland views from the main house balcony
-Double lock up garage
-Paved courtyard with patio
-Easy freeway and coastal access
-Ducted air-conditioning
-Gas hot water system
-Tiled flooring to main living zone and upstairs balcony
*All income amounts are at the time of this ad being published and subject to change.
Property features
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Garages
2
Property snapshot by reiwa.com
This property at 5 Pipit Lane, Joondalup is a six bedroom, four bathroom townhouse sold by Corey Adamson and Paul Tonich at Realmark Urban on 04 Aug 2019.
Looking to buy a similar property in the area? View other six 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
$800k
Median
$707k
Low end
$610k
21.9 %
Annual growth
$707k
Annual median sales price
$620pw
Annual median rental price
