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.
