Reiwa Reiwa
90 Reid Promenade, Joondalup WA 6027

90 Reid Promenade, Joondalup WA 6027

From $1,100,000


5 Bedrooms

3 Bathrooms

4 Cars

Townhouse

Contact the agent

Magda Grek

0406647779

First Western Realty


FUTURE OF INVESTMENT / 3 story townhouse

Unique opportunities like this only rarely come around. Mixed zone commercial and residential
With 4 options available, you can choose which one fits you best!

Boasting dual commercial/residential zoning and nestled merely footsteps away from the heart of the vibrant Joondalup CBD, this unique tri-level property is essentially a low-maintenance townhouse on its top two floors, with the bonus of a versatile commercial space at ground level - be it a shopfront, collaborative setup or simply a home office, for those wanting to work and do business from under their own roof.
So if are you a doctor, lawyer, designer, physio or running a nail salon and looking for the best of both worlds, then this is it - including 290m2 - you find your place to live and work
It also viable investment opportunity where you can lease the spacious premise whilst enjoying separate access to the staircase that leads you up to your own two-storey home up above.

YOUR 4 OPTIONS:
* Live and work from home
or
* Rent commercial and live on 2 top floors
or
* Rent commercial and residential separately
or
* Rent whole property by rooms to the students!
Potential rental income around +$1,500/week which is $6,000 per month

Superbly located, the City of Joondalup offices are only a block away, as are the Joondalup Hospital, Government buildings and Lakeside Shopping Centre - all just a couple of blocks away. Situated on a leafy accessible street with loads of parking including 500 fully covered bays next door, every base is covered!

Ground Floor
The commercial ground floor comprises a large shopfront of approximately 86 m², ideal for an office with its own reception area, lobby, and large office space. It also includes a bathroom and storage space.

First Floor
The first floor features a residential building with a large, stunning living room, which opens onto a balcony surrounded by trees. From this room, you have access to the kitchen and a separate dining room, which is connected to an outdoor area, perfect for Saturday afternoon BBQ.

Second Floor
The second floor consists of 3 bedrooms, 2 bathrooms, and a family area.
The layout of this building is incredibly versatile - you decide what goes where!

NO STRATA FEES

---The commercial space is tenanted now until
30 September 2026 for $1,752 per month

Close to all amenities - shops, cafes, hospital, library, civic centre, library, offices buildings. Lakeside Joondalup Shopping Centre, together with the train station, buses and Cat bus are a short walk away


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 1
  • Carports 3
  • Floor area 290m2

Nearby schools

Lake Joondalup Baptist College Combined Non-government 1.2km
Connolly Primary School Primary Government 1.6km
Joondalup Primary School Primary Government 2.3km
Joondalup Education Support Centre Primary Specialist 2.3km
Heathridge Primary School Primary Government 2.4km
Edgewater Primary School Primary Government 2.4km
Currambine Primary School Primary Government 2.5km
Mater Dei College Secondary Non-government 2.5km
Wanneroo Primary School Primary Government 2.7km
Eddystone Primary School Primary Government 2.8km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:5009624