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90 Reid Promenade

Joondalup, WA 6027, Australia
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5 bed 3 bath 4 car290m²

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Indicative price guide range

🏘️
67
Comparable
📊
$850,000
Area median
📏
290 m²
Land
🗓️
1 month ago
Listed

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About this property

Unique opportunities like this only rarely come around. 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 (the commercial can be rented for around $1,800 per month) or * Rent commercial and residential separately Potential rental income of +$450 + $650 per week giving a total of +$1,100/week which is $4,400 per month 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 ---The residential space is rented now until 22 May 2026 for $2400 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

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    Repayment calculator

    $21/month
    $11 /fortnight
    Loan $3,520 at 6.10% over 30 years

    Upfront costs

    Deposit$880
    Stamp duty$84
    Conveyancing (est.)$2,000
    Total upfront$2,964
    Verify with WA revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    townhouse
    Listing Type
    For Sale
    Bedrooms
    5
    Bathrooms
    3
    Parking
    4
    Land Area
    290m²
    Listed
    1 month ago

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