This amazing home presents a unique opportunity for an astute investor or owner occupier, to secure a fully renovated modern home, nestled on a 390 SQM "Green Title block" in the heart of Joondalup City.

The lucky buyers will be within walking distance to simply everything, Joondalup CBD, railway station, shopping precinct, Lake Yellagonga Regional Park, and many coffee shops, restaurants and taverns.

INVESTMENT RETURN.
The apartment is currently returning $320 per week, lease expires in January 2025. This is a discounted rental amount previously organized by the current owner. At lease end, it could realistically be increased to $430.00 per week. The main home, which is currently owner occupied, would attract a rental return of between $680.000 & $700.00 per week. This would provide a total return in the vicinity of $1,100.00 per week. This equates to a Yield of 7.15%.

STUDIO APARTMENT
The Studio Apartment is fully self-contained, has its own private entrance and private courtyard. The apartment is larger than average with vaulted ceilings, separate bedroom / ensuite, spit-system air-conditioning and fully furnished.

The apartment is currently tenanted until January 2025.

MAIN DWELLING
The main home has been fully renovated to perfection and offers the following: –

• 3 bedrooms.
• Two modern fully renovated bathrooms.
• Chefs’ kitchen with stone benchtop, plenty of cupboard space and a plumbed refrigerated filtered water tap.
• Separate lounge and dining room.
• Spacious family living area with built-in electric log fire.
• 5 KW Solar power.
• Reverse cycle split-system air-conditioning throughout.
• Security alarm system.
• Quality fixtures and fittings throughout including window shutters and Italian porcelain tiling.
• Amazing private outdoor entertaining under a weatherproof patio, reticulated gardens and built-in outdoor kitchen including pizza oven, and mains gas BBQ.
• Double garage with large storeroom.

This is a very reluctant sale due to ill health and a necessity to move.

This property is open by appointment only, please call Rob Gooden on 0409 309 395 to arrange a viewing.