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70 Lakeside Drive, Joondalup WA 6027

Listed price: Under Offer Sold: 25 Nov 2024
Sold
  • 5 Bedrooms
  • 3 Bathrooms
  • 2 Cars
  • Landsize 308m2
House
70 Lakeside Drive, Joondalup WA 6027

Exceptional Townhouse with Separate Studio

Whether you’re seeking a place to call home with the added benefit of rental income, a quality rental option for your family, or a high-yield investment, this impressive townhouse ticks all the boxes.

Prime Location

Situated in the heart of Joondalup, this property offers unparalleled convenience. With Lakeside Shopping Centre, Edith Cowan University, and Joondalup Train Station just moments away, you’ll enjoy easy access to amenities, excellent transport links, and a vibrant community.

Key Features

No Strata Fees: A rare find, this property comes without additional fees.
Low Maintenance: Designed for ease of living, this home is perfect for busy professionals, families, or investors.

Ground Floor

Step inside to find freshly painted interiors, soaring high ceilings, and brand-new carpeted stairs. The ground floor includes:

Versatile Lounge/4th Bedroom: A spacious secondary lounge that could easily serve as a fourth bedroom with gorgeous brand-new plantation shutters.
Open Plan Living: The kitchen, lounge, and dining area are serviced by a large split-system air conditioner, flowing seamlessly to the undercover patio courtyard with direct access to the double garage.
Laundry & Powder Room: Includes a WC for added convenience.

Second Floor

The upper level boasts more high ceilings and a generous landing area, along with:

Master Suite: A truly massive bedroom featuring a walk-in robe, brand new plantation shutters, ensuite with double vanity, shower, and WC, plus its own split-system air conditioning.
Bedrooms 2 & 3: Both queen-sized with built-in sliding robes, brand new blinds and serviced by a large family bathroom.

Self-Contained Studio

Located above the double garage and accessible via private entry from Pipit Lane, this fully self-contained studio is a standout feature. Perfect for rental income, guests, or extended family, it includes:

A kitchen and living area
Separate bedroom with en-suite (shower, vanity, WC)
Split-system air conditioning
Freshly painted interiors

The Complete Package

With all the hard work done, this property is ready to move in or lease out. Whether you're an owner-occupier or an investor, this townhouse offers unmatched flexibility and potential in a highly sought-after location.

Don't miss this opportunity—your next chapter starts here!

Potential rental income over $70,000 PA **

Some ideas on potential income:

Live in the Studio and rent out the townhouse for approx. $650 PW-($33,800) PA
Live in the townhouse and rent studio for approx. $400 PW – ($20,800) PA
Rent out both for $1050 pw or $54,600 PA

Joondalup City offers a unique environment for students to “rent by the room”

Studio  $395 pw
Bed 1  $290 pw
Bed 2  $225 pw 
Bed 3  $225 pw
Bed 4  $225 pw
  
  $70,720 PA**

Do not squander this opportunity!

Features for this property, include, but not limited to:

3 Bedrooms, 2 Bathrooms
Lounge/Dining/Kitchen
Separate Large lounge or 4th bedroom
3 Toilets
Split System A/C
New Carpets throughout
Freshly painted
Neutral Décor
Huge undercover patio/courtyard
Double auto garage with storage
Low Maintenance

Self-Contained Studio
One bedroom
En-suite
Kitchen/living and meals
Split System A/C
Rear lane access

New Owners can get Parking permits

Easy Care 308 sqm (approx.) block
Built 2002

All income amounts are at the time of this ad being published are subject to change.
The following information is based on our knowledge in good faith on a no liability basis.
It is recommended prospective buyers should make their own enquiries regarding the property before entering into any contract or Lease agreement.

To find out more about this excellent property contact Pete Costigan on 0408 956 652 or email [email protected]

Property features

  • Garages 2
  • Floor area 201m2

Property snapshot by reiwa.com

This property at 70 Lakeside Drive, Joondalup is a five bedroom, three bathroom house sold by Pete Costigan at RE/MAX Extreme on 25 Nov 2024.

Looking to buy a similar property in the area? View other five bedroom properties for sale in Joondalup or see other recently sold properties in Joondalup.

Nearby schools

1.6km
Edgewater Primary School
  • Primary
  • Government
1.7km
Mater Dei College
  • Secondary
  • Non-government
1.8km
Connolly Primary School
  • Primary
  • Government
Disclaimer

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

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FAQ's

The median house price in Joondalup is $800,000, the median unit price is $475,000.

The average number of selling days in Joondalup is 9 days.
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