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About this property
Positioned just metres from the sparkling shores of Lake Joondalup, this expansive and versatile residence presents an outstanding investment opportunity with exceptional income potential. Offered fully furnished and professionally managed, the property is currently configured to maximise returns with a fully leased five-bedroom main residence plus a separate self-contained 1x1 studio apartment, generating an impressive gross return of approximately $1,895 per week, yes per week!. Designed with both comfort and functionality in mind, the home showcases modern interiors, a neutral colour palette, and an abundance of natural light throughout. The spacious open-plan living, dining and kitchen area flows seamlessly to the outdoor terrace and easy-care gardens, creating a relaxed lifestyle environment for occupants to enjoy. The separate studio apartment, complete with private access, its own kitchen, bathroom and balcony, is rare! With the entire property already fully furnished, tenanted, and professionally managed, investors can enjoy a seamless set-and-forget opportunity from day one. Ground Floor: Tiled entrance Formal lounge room with treetop views (currently utilised as a 5th bedroom) Spacious open-plan kitchen, dining and living area Kitchen with breakfast bar, double sink, gas cooktop, stainless steel rangehood, walk-in pantry and ample storage Laundry with direct outdoor access Powder room Paved alfresco entertaining area Secure double automatic garage Ducted air-conditioning Upper Floor: Main Residence: Master bedroom with large walk-in robe and private ensuite Three additional bedrooms with built-in robes Main bathroom with shower, vanity and built-in bath Additional powder room Walk-in linen cupboard Studio Apartment: Private separate access Open-plan kitchen, dining and living area Kitchen with gas cooktop and stainless-steel appliances Spacious bedroom Bathroom with shower, vanity and toilet Laundry area Balcony with reserve views Reverse-cycle air-conditioning Location Features: Moments from Yellagonga Regional Park Walking distance to local shops and cafés Close to Edith Cowan University Easy access to public transport Convenient Mitchell Freeway access Close to a range of public and private schools Surrounded by parks, reserves and walking trails Special Features: Fully furnished investment opportunity Professionally managed investment Approximate gross return of $1,895 per week Separate self-contained studio apartment Reticulated easy-care gardens Ducted air-conditioning system 5KW solar panel system Contact Redmond & Blake today for further information on this superb apartment and to discuss all offers, or for an honest & accurate appraisal on your own property. Please note: As the property is currently tenanted, inspection opportunities will be limited to scheduled home opens to respect the tenant's rights and privacy. Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries. If you are considering this property, you must make all enquiries necessary to satisfy yourself that all information is accurate prior to making an offer on this property. Buyers should conduct their own due diligence in terms of actual sizes of the home and/or land and any potential for subdivision/development/building and not rely solely on the information provided herein by the Selling Agents.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 6
- Bathrooms
- 3
- Parking
- 2
- Land Area
- 378 m²
- Listed
- 1 month ago
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Neighbourhood
Living in Joondalup
This 6-bedroom house in Joondalup, WA 6027 sits within reach of public transport, local shops and nearby schools.
Schools near Joondalup
- Lake Joondalup Baptist Collegecombined · PP-12 · CoEd
- Joondalup Primary Schoolprimary · K-6 · CoEd
- Alta-1 College - Joondalup Campussecondary · 7-12 · CoEd
- Alta-1 College - Winton Road Joondalup Campussecondary
- Alta-1 College - Girls' Campus Joondalupspecial
What's nearby
- Grand Bvd Central Park West Cat Id 14 (bus) — 1.1 km away
- Elite Supements — 1.2 km away
- Unnamed — 524 m away
- Sittella Park — 655 m away
- Stilt Park — 701 m away
Joondalup at a glance
Full suburb profile- Population
- 9,193
- Median age
- 39
- Household income
- $1,688/wk
- Median rent
- $360/wk
- Median mortgage
- $1,733/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Joondalup price trend
Median sold · House 4 bed
Compound growth +14.4% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Joondalup marketSide-by-side analysis
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