Reiwa Reiwa
70 Lakeside Drive, Joondalup WA 6027

70 Lakeside Drive, Joondalup WA 6027

Sold price: $940,000
Sold
Sold: 25 Nov 2024

5 Bedrooms

3 Bathrooms

2 Cars

Landsize 308m2

House

Contact the agent

Pete Costigan

0408956652

RE/MAX Extreme


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

Nearby schools

Edgewater Primary School Primary Government 1.6km
Mater Dei College Secondary Non-government 1.7km
Connolly Primary School Primary Government 1.8km
Lake Joondalup Baptist College Combined Non-government 1.9km
Heathridge Primary School Primary Government 1.9km
Eddystone Primary School Primary Government 2.1km
Wanneroo Primary School Primary Government 2.3km
St Anthony's School Primary Non-government 2.6km
Belridge Secondary Education Support Centre Secondary Specialist 2.7km
Belridge Secondary College Secondary Government 2.7km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4868560