ANOTHER UNDER OFFER BY LINDSAY KING
Actual street address is 3 Portwood Cross Joondalup. If you are looking for a great investment opportunity in Joondalup City - then this is it.
Featuring a modern 3 bedroom 2 bathroom, 3 toilet townhouse PLUS a fully self-contained studio apartment offers a great opportunity to get into the rental market and potentially positively gear a property.
Gross rental return is approx $800 per week. Incredibly that is over 6.4% return. The average house rental return is only 4.4% (REIWA).
Joondalup City offers a unique environment for students to "rent by the room" providing them with luxurious accommodation at an affordable price - whilst increasing the rental return to even higher amounts for the owner.
This property is located opposite parkland and very modern through-out, including new paint, new carpets, new lighting and can't be faulted.
Townhouse:
3 double bedrooms, all with either walk-in or built-in robes and includes a massive master bedroom
2 huge bathrooms including large ensuite in master bedroom with double vanities
3 toilets including a guest powder room
Central modern kitchen with load of bench and cupboard space, stainless steel appliances and double fridge recess
New carpet through-out
New paint through-out
Huge separate Lounge or 4th bedroom
Open plan family room and dining area leading out to the private courtyard
Sky high ceilings through-out
Large outdoor entertaining area
Ducted evaporate air conditioning
Separate laundry
2 car garage
Would achieve approx $500 per week rent
Studio Apartment:
Separate fully self-contained brick construction studio apartment
Full Kitchen
Good size living area
1 bedroom with double robes
1 bathroom with built-in laundry
Large balcony
Separate private access
Split system air conditioning
Storage area
Independent off road parking bay
Would achieve approx $300 per week rent
Currently tenanted until 16/08/21 and tenant would like to stay on
General:
Built in 2008
201 m2 approx. of total living area
Land size 231m2 approx in total
Very easy walking distance to Edith Cowan University
If you are interested in this great investment or just to live in then give Lindsay King a call to find out more.
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