Under Offer 01/07/2024
From $950,000
5 Portwood Cross, Joondalup WA 6027
House
642
Block size: 172 m² approx.
MASSIVE $ 94,640 yearly rental return!
5-bedroom 3-bathroom main house with a completely separate
1 bedroom 1 bathroom + kitchen STUDIO above garage.
This fantastic investment is within walking distance to everything! Including -
• Edith Cowan University Joondalup Campus
• Police Academy
• Joondalup Train and Bus Station
• Joondalup Hospital
• Lakeside Joondalup Shopping Centre
• Cafés, restaurants and much more.
WHAT ARE YOUR OPTIONS?
• Reap the rewards of this property from the day you purchase it with a huge $ $94,640 gross per year rental return.
OR
• Live in the 1 bedroom 1 bathroom studio and rent out the main house for $71,500 Gross per year
ABOUT THE PROPERTY
MAIN HOUSE - 2 bedrooms downstairs with 1 shared bathroom with shower and toilet, big living/dining and kitchen open space.
On the first floor you have 3 bedrooms which is one master bedroom with WIR and ensuite
2 other bedrooms share 1 bathroom with double vanity, bath, shower and separate toilet
STUDIO - is completely separate with private entrance and located over the double garage complete with a living area, fully equipped kitchen, generous size bedroom and 1 bathroom / laundry.
CURRENT LEASES
Studio - $445 gross per week ($390 NET income)
Bed 1 - $320 gross per week ($265 NET income)
Bed 2 - $285 gross per week ($230 NET income)
Bed 3 - $285 gross per week ($230 NET income)
Bed 4 - $275 gross per week ($220 NET income)
Bed 5 - $210 gross per week ($155 NET income)
$1,820 per week, $94,640 GROSS per year
or
$1,490 per week, $77,480 NET per year (handle the Amenities which is Water, Gas, Electricity, Internet and Professional Cleaning every 6-8 weeks)
BONUS:
NOTE: ALL FURNITURE THAT IS CURRENTLY IN THE HOUSE IS INCLUDED IN THE SALE PRICE!!!
For further details or an inspection, please contact Magda Grek on 0406 647 779
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.
1 bedroom 1 bathroom + kitchen STUDIO above garage.
This fantastic investment is within walking distance to everything! Including -
• Edith Cowan University Joondalup Campus
• Police Academy
• Joondalup Train and Bus Station
• Joondalup Hospital
• Lakeside Joondalup Shopping Centre
• Cafés, restaurants and much more.
WHAT ARE YOUR OPTIONS?
• Reap the rewards of this property from the day you purchase it with a huge $ $94,640 gross per year rental return.
OR
• Live in the 1 bedroom 1 bathroom studio and rent out the main house for $71,500 Gross per year
ABOUT THE PROPERTY
MAIN HOUSE - 2 bedrooms downstairs with 1 shared bathroom with shower and toilet, big living/dining and kitchen open space.
On the first floor you have 3 bedrooms which is one master bedroom with WIR and ensuite
2 other bedrooms share 1 bathroom with double vanity, bath, shower and separate toilet
STUDIO - is completely separate with private entrance and located over the double garage complete with a living area, fully equipped kitchen, generous size bedroom and 1 bathroom / laundry.
CURRENT LEASES
Studio - $445 gross per week ($390 NET income)
Bed 1 - $320 gross per week ($265 NET income)
Bed 2 - $285 gross per week ($230 NET income)
Bed 3 - $285 gross per week ($230 NET income)
Bed 4 - $275 gross per week ($220 NET income)
Bed 5 - $210 gross per week ($155 NET income)
$1,820 per week, $94,640 GROSS per year
or
$1,490 per week, $77,480 NET per year (handle the Amenities which is Water, Gas, Electricity, Internet and Professional Cleaning every 6-8 weeks)
BONUS:
NOTE: ALL FURNITURE THAT IS CURRENTLY IN THE HOUSE IS INCLUDED IN THE SALE PRICE!!!
For further details or an inspection, please contact Magda Grek on 0406 647 779
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.
Inspections
No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.
Send an enquiry
Contact Magda Grek to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
6
Bathrooms:
4
Garage Spaces:
2
Property type:
House
Block Size:
172 m²*
Other Details
Maps and area information
Block information
Block size: 172m² (approx)
No block information available
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Nearby sales
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We found 4 houses with 6 bedrooms that just sold near 5 Portwood Cross Joondalup
Property history
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SummaryMedian sales
Average Age
40 years
Population
9,193
Listing ID: 182612432. This listing has been viewed 9 times. It was first displayed on 19/06/2024 and last updated on 01/07/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.