Reiwa Reiwa
5 Portwood Cross, Joondalup WA 6027

5 Portwood Cross, Joondalup WA 6027

Sold price: $749,999
Sold
Sold: 19 Mar 2023

6 Bedrooms

4 Bathrooms

2 Cars

Landsize 172m2

House

Contact the agent

Magda Grek

0406647779

First Western Realty


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

  • Garages 2
  • Floor area 192m2

Nearby schools

Edgewater Primary School Primary Government 1.0km
Mater Dei College Secondary Non-government 1.1km
Eddystone Primary School Primary Government 1.5km
Heathridge Primary School Primary Government 1.5km
Connolly Primary School Primary Government 1.9km
Belridge Secondary Education Support Centre Secondary Specialist 2.0km
Belridge Secondary College Secondary Government 2.0km
Lake Joondalup Baptist College Combined Non-government 2.3km
Poseidon Primary School Primary Government 2.3km
Wanneroo Primary School Primary Government 2.4km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4686757