54 Lakeside Drive, Joondalup WA 6027

MASSIVE $ 97,760 yearly rental!

5-bedroom 2-bathroom main house with a
1 bedroom 1 bathroom + kitchen LOFT on a last/ third floor

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 $97,760 gross per year rental return.
OR
• Live in the 1 bedroom 1 bathroom loft and rent out the main house for $75,920 Gross per year

ABOUT THE PROPERTY

MAIN HOUSE - 1 bedroom (master bedroom) downstairs with open space bathroom with shower, bath ,toilet, WIR and big balcony, living/dining and kitchen open space.
On the first floor you have 4 bedrooms, 1 shared bathroom with shower and bath and separate toilet

LOFT - Located on a 3th floor complete with a living area, fully equipped kitchen, generous size bedroom and 1 bathroom / laundry. The loft also has 2 balconies on each side, one of them has a beautiful view over Joondalup Lake.

CURRENT LEASES

Loft - $420 gross per week ($360 NET income)

Bed 1 - $380 gross per week ($320 NET income)
Bed 2 - $285 gross per week ($230 NET income)
Bed 3 - $225 gross per week ($170 NET income)
Bed 4 - $285 gross per week ($230 NET income)
Bed 5 - $285 gross per week ($230 NET income)

$1,880 per week, $97,760 GROSS per year
or
$1,540 per week, $80,080 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.