Sold
71b Regents Park Road, Joondalup WA 6027
Sold price: $740,000
Sold: 03 May 2022
Sold
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3 Bedrooms
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2 Bathrooms
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2 Cars
Villa
View
Investor Trifecta!!!
Investment of the Year Award goes to TRIPLE INCOME STREAM OPPORTUNITY - 71B REGENTS PARK ROAD, JOONDALUP
THE OPTIONS FOR BUYERS :
Rent out shop, unit, and studio apartment for three incomes streams
Run a business in the shop and rent out unit and studio apartment for three income streams
Run a business and live in the studio apartment, and rent out unit for two income streams
Rent out shop and unit and live in the studio apartment for two income streams
you get the idea.....
THE DETAILS:
No strata fees, and approximately 300m2 all up - this 2000 built, double brick construction with suspended concrete slab is ideally positioned for future growth in the heart of Joondalup - Perth metros next 'satellite city'! Close to Joondalup Hospital, Edith Cowan Uni, a Tafe, the WA Police Academy, lovely parks and of course Lakeside Joondalup Shopping Centre - tenants will come for the convenience and stay for the lifestyle of quaint cafes, restaurants, and trendy shops all a short stroll away, and should they ever need to venture further - there are buses to the train station which is about a kilometre away along with the freeway entrance
The townhouse
Is a three bedroom plus study, 2 bathroom
(currently rented 12 months for $22,360 PA)
Main bedroom and study share access to the balcony overlooking Regents Park Rd
2 separate entrances from front and the rear
Open-plan living-kitchen-dining with high ceilings, plus laundry and courtyard downstairs
Sleeping quarters and study upstairs
The Studio apartment
is approx. 42m2, one bedroom, one bathroom - separate & self-contained
- secured access from rear laneway
is renting at $14,560 PA - Lease renewal due mid November
The retail shop
Shop front is glass to entice foot traffic for a multitude of businesses
is approx. 50m2 with its own grease trap, hand basin, WC & separate storeroom.
- currently vacant for flexibility for sale, with interest from three potential tenants
Previously rented to a bakery and cafe, the neighbour is a women's boutique and other ideal tenants include beauty, fashion, retail or almost anything!
Potential Tenant waiting, (pending Buyer requirement) at agreed rent $18,200 PA...
Private Viewing Only.
This GREAT investment opportunity won't last long, so ensure you don't miss out & contact Cina Ghiassi on 0411 809 708 or email [email protected] before it disappears.
Property features
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Carports
2
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Toilets
2
Property snapshot by reiwa.com
This property at 71b Regents Park Road, Joondalup is a three bedroom, two bathroom villa sold by Cina Ghiassi at Harcourts Initiative on 03 May 2022.
Looking to buy a similar property in the area? View other three 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
$905k
Median
$800k
Low end
$700k
22.8 %
Annual growth
$800k
Annual median sales price
$640pw
Annual median rental price
