Sold
75 Regents Park Road, Joondalup WA 6027
Sold price: $895,000
Sold: 27 Mar 2023
Sold
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5 Bedrooms
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3 Bathrooms
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2 Cars
House
View
MIXED USE HOME + RETAIL SHOP + SEPERATE STUDIO APA
This is a golden opportunity for investors and/ or owner occupiers who'd like to enjoy a city lifestyle and also want their mortgage heavily subsidized. Two storey home on border of Joondalup CBD with 4 Bedrooms, 2 Bathrooms and 3 Toilets.
Income from 2 additional tenancies. Retail tenancy is established, a Japanese Sushi Cafe with a 1+5+5 years lease + option term. Leased for $25,600 Per Annum + Outgoings.
Plus a superb, free standing 1x1 Studio apartment at the rear of the property leased for $15,600 Per Annum. A Rare Investment opportunity with 3 income streams (House + Cafe Shop + Studio apartment). Low Maintenance in the heart of Joondalup. Total possible income = Approx $76,600
The Home also ideally located adjacent to ECU University Campus for Students. A 5 minute walk to the hospital, Police Station, Joondalup Arena and Local Health Campus.
The Easy - care private gated courtyard, Bedroom with a built in robe, Timber floorboards to the main living and kitchen. Modern kitchen with stone benchtop. Ducted A/C and evaporative Bonaire comfort cooling on second floor. A double lock up garage and Balcony. Low maintenance and ready to go!
Quality Built in 2007
Floor area1143 total approx. IThere's a lot of property here!!
THIS IS IDEAL FOR INVESTORS, FAMILIES, COUPLES, CITY JOONDALUP WORKERS OR INVESTORS
Property features
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Garages
2
Property snapshot by reiwa.com
This property at 75 Regents Park Road, Joondalup is a five bedroom, three bathroom house sold by Geoff Baldwin at RE/MAX Exchange on 27 Mar 2023.
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
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
$960k
Median
$784k
Low end
$700k
22.5 %
Annual growth
$784k
Annual median sales price
$635pw
Annual median rental price
