Sold
5 Portwood Cross, Joondalup WA 6027
Sold price: $749,999
Sold: 19 Mar 2023
Sold
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6 Bedrooms
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4 Bathrooms
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2 Cars
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Landsize 172m2
House
View
MASSIVE $75,660 yearly rental return!
Please contact Magda Grek to book your private inspection now!
5-bedroom, 3-bathroom main house with a completely separate 1 bedroom 1 bathroom + kitchen studio above the 2 car lock up garage.
This fantastic investment is within walking distance to everything! Including -
• Edith Cowan University Joondalup campus
• Police Academy
• Joondalup Train and bus Station
• Joondalup Hospital
• Lakeside Joondalup Shopping Centre
• Cafés, restaurants and much more.
WHAT ARE YOUR OPTIONS?
• Reap the rewards of this property from the day you purchase it with a huge $75,660 per year rental return.
OR
• Live in the 1 bedroom 1 bathroom studio and rent out the main house for $56,420 per year
ABOUT THE PROPERTY
MAIN HOUSE - 2 downstairs bedrooms with 1 share bathroom with shower and toilet, 3 additional upstairs bedrooms which is 1 with WIR and en-suite and 2 rooms with separate bathroom with double vanity, bath, shower and separate toilet.
STUDIO - is completely separate with private entrance and located over the double garage complete with a spacious living area, fully equipped kitchen, generous size bedroom and 1 bathroom / laundry.
CURRENT LEASES
Studio - $370 per week
1 - $260 per week
2 - $220 per week
3 - $215 per week
4 - $215 per week
5 - $175 per week
$1455 per week, $75,660 per year directly to you.
NOTEL ALL FURNITURE THAT IS CURRENTLY IN THE HOUSE IS INCLUDED IN THE SALE !!!
INFORMATION YOU'LL NEED
Council Rates - $2414.87 per/year
Water Rates - $1965.56 per/year
Synergy around - $1924.82 per/year
For more information or to arrange a private viewing call Magda 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
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Garages
2
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Floor area
192m2
Property snapshot by reiwa.com
This property at 5 Portwood Cross, Joondalup is a six bedroom, four bathroom house sold by Magda Grek at First Western Realty on 19 Mar 2023.
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
$860k
Median
$745k
Low end
$647k
24.5 %
Annual growth
$745k
Annual median sales price
$650pw
Annual median rental price
