Reiwa Reiwa
8A Wesley Rise, Joondalup WA 6027

8A Wesley Rise, Joondalup WA 6027

Sold price: $1,100,000
Sold
Sold: 02 Apr 2025

5 Bedrooms

5 Bathrooms

2 Cars

Landsize 428m2

Townhouse

Contact the agent

Magda Grek

0406647779

First Western Realty


MASSIVE $96,460 Yearly Rental Return!

4-bedroom 4-bathroom main house with a completely separate
1 bedroom 1 bathroom + kitchen STUDIO above garage.

This fantastic investment is within walking distance to everything! Including -
• Edith Cowan University Joondalup Campus (next door)
• Police Academy
• Joondalup Train and Bus Station
• Joondalup Hospital
• Lakeside Joondalup Shopping Centre
• Cafés, restaurants and much more.

• Reap the rewards of this property from the day you purchase it with a huge $96,460 gross per year rental return.

ABOUT THE PROPERTY

MAIN HOUSE
* Master bedroom downstairs with WIR and bathroom with shower and toilet
* Separate extra powder room
* Big separate laundry
* Family/dining and kitchen open space overlooking the patio and covered alfresco area
* On the first floor you have 3 big king size bedrooms all with separate bathrooms with showers and toilets
* Another family room with nice balcony

STUDIO - is completely separate with private entrance and located over the double garage, complete with a living area, fully equipped kitchen, generous size bedroom and 1 bathroom / laundry and big balcony

CURRENT LEASES

Studio - $485 gross per week ($430 NET income)

Bed 1 - $340 gross per week ($285 NET income)
Bed 2 - $350 gross per week ($295 NET income)
Bed 3 - $330 gross per week ($275 NET income)
Bed 4 - $350 gross per week ($295 NET income)

$1,855 per week, $96,460 GROSS per year
or
$1,580 per week, $82,160 NET per year (handle the Amenities which is Water, Gas, Electricity, Internet and Professional Cleaning every 6-8 weeks)

BONUS: ALL FURNITURE AND WHITE GOODS THAT IS CURRENTLY IN THE HOUSE IS INCLUDED IN THE SALE PRICE!!! (we will provide specification on Annexure E)

For further details or an inspection, please contact Magda Grek 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

  • Air conditioned  
  • Garages 2
  • Floor area 245m2

Nearby schools

Edgewater Primary School Primary Government 1.1km
Mater Dei College Secondary Non-government 1.2km
Eddystone Primary School Primary Government 1.6km
Heathridge Primary School Primary Government 1.6km
Connolly Primary School Primary Government 1.9km
Belridge Secondary Education Support Centre Secondary Specialist 2.2km
Belridge Secondary College Secondary Government 2.2km
Wanneroo Primary School Primary Government 2.3km
Lake Joondalup Baptist College Combined Non-government 2.3km
Poseidon Primary School Primary Government 2.5km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4905688