WA

Joondalup

71b Regents Park Road

Price Guide: Buy
MAKE AN OFFER TODAY!
Bedrooms:
4
Bathrooms:
3
Car Spaces:
2

Investment of the Year Award goes to… TRIPLE INCOME STREAM OPPORTUNITY - 71B REGENTS PARK ROAD, JOONDALUP

THE OPTIONS FOR BUYERS (for those short on imagination) :
• Rent out shop, unit, and studio apartment for three incomes streams
• Run a business in the shop and rent out unit and studio apartment for three income streams
• Run a business and live in the studio apartment, and rent out unit for two income streams
• Rent out shop and unit and live in the studio apartment for two income streams…
you get the idea.....

THE DETAILS:
No strata fees, and approximately 300m2 all up - this 2000 built, double brick construction with suspended concrete slab is ideally positioned for future growth in the heart of Joondalup - Perth metros next 'satellite city'! Close to Joondalup Hospital, Edith Cowan Uni, a Tafe, the WA Police Academy, lovely parks and of course Lakeside Joondalup Shopping Centre - tenants will come for the convenience and stay for the lifestyle of quaint cafes, restaurants, and trendy shops all a short stroll away, and should they ever need to venture further - there are buses to the train station which is about a kilometre away along with the freeway entrance

The townhouse
• Is a three bedroom plus study, 2 bathroom
• is currently renting at $18,000 PA (pre-Covid $23,400PA) Lease renewal mid May
• main bedroom and study share access to the balcony overlooking Regents Park Rd
• 2 separate entrances from front and the rear
• Open-plan living-kitchen-dining with high ceilings, plus laundry and courtyard downstairs
• Sleeping quarters and study upstairs

The Studio apartment
• is approx. 42m2, one bedroom, one bathroom - separate & self-contained
• secured access from rear laneway
• is renting at $12,000 PA (pre-Covid $17,160 PA) Lease renewal due mid May

The retail shop
• shop front is glass to entice foot traffic for a multitude of businesses
• is approx. 50m2 with its own grease trap, hand basin, WC & separate storeroom.
• currently vacant for flexibility for sale, with interest from three potential tenants
• Previously rented to a bakery and cafe, the neighbour is a women's boutique and other ideal tenants include beauty, fashion, retail or almost anything!
• Was previously rented for $22K PA, next door rents for just over $14K PA...

The rental market has improved so the potential is there, money is cheap to borrow... Ok, you get the idea - this is a good, no - a GREAT investment opportunity no matter how you look at it. So just make sure you DO LOOK AT IT, before it disappears…
Call Alea Eng or Sonia Mak NOW… 0411403999 / 0407196253

Property Type
Residential
Property Category
House
Garages
0
House Size
306.0 Sqm
Land Size
306.0 Sqm

By appointment

One Agency North
Sales Consultant
Email
One Agency North
Sales Consultant
Email

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