Realmark North Coastal
71A Regents Park Road
Joondalup, WA, 6027
Yes read on. You can even borrow the full purchase price plus the purchase costs on this property and still be positively geared. That’s as rare as they come now days.
What a sensational investment. Borrow and let it progressively build capital whilst paying for its self or use it to create an income. Maybe purchase using your Superannuation and generate income for your super that you will be hard pressed to compete with anywhere else.
This is a rare chance for the smart investor to gain three rental incomes from one property. $920 per week rental income
The package consists of a three bedroom two bathroom townhouse home, a separate 1 bedroom studio apartment and a 50m2 (approximately) commercial shop / office space on the ground floor with street frontage and great shop front window presence in this brilliant little precinct. 150m from Regents Park, cafes and coffee shops and restaurants a short walk away, Joondalup Health Campus 1.2km away and Lakeside Shopping Centre 1.4km away. Walk to dinner, walk to the food markets, walk to the shops and if you work in the Joondalup CBD walk to work.
FOR THE INVESTOR:
The townhouse is renting at $350 per week until 22/3/2019
The apartment is renting at $300 per week until 6/5/2019 and
The shop has just been signed up for a 2 year lease at $270 per week.
Council rates $3,004.97 yr
Water rates $2,715 yr
There are three individual electricity meters. One for each and a general meter that reads for all.
All of the bedrooms are located upstairs as well as a landing area that can be another small living zone or study. Downstairs the open plan kitchen, meals and lounge is light and bright and has extra high ceilings giving a great sense of space
A large master bedroom with ensuite and walk in robe is upstairs. The master bedroom also has a Juliet balcony
Two double sized secondary bedrooms each with built in robes (upstairs)
The main living area downstairs has access to the rear courtyard
The main bathroom has a bath and shower
Split system air conditioning in the living area and master bedroom
Currently tenanted at $350 per week
Independent access one bedroom studio apartment of approximately 42m2
Access is from the rear lane
The studio has an open plan living space and kitchen
A large master bedroom
Bathroom with bath
Currently tenanted at $300 per week
50sqm of internal space approximately
Built in kitchenette plus toilet and wash basin
Plenty of window space with brilliant street front exposure
Currently tenanted at $1,080 per month to The Regents Barber
A great location close to cafes
Currently tenanted at $270 per week