4/38 Grand Bvd, Joondalup is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 156m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
This beautifully presented ground-floor apartment, featuring 3 bedrooms, 2 bathrooms, and a spacious courtyard, is now for sale. It offers an excellent opportunity for both astute investors and owner-occupiers looking to enjoy the convenience of city living, with easy access to all of Joondalup's many amenities.
Currently tenanted until 16th March 2025 and returning $540.00 per week. For the investor, estimated rental return at end-of-lease would be in the vicinity of $580.00 per week - (5.5% yield).
Current tenants are keen to renew lease for a further 12 months.
Features include: -
* 3 good size bedrooms all with wardrobes
* 2 bathrooms
* Well-appointed kitchen with stainless steel appliances.
* Light, bright meals and family living area
* Quality fixtures and fittings throughout
* 3 split-system air-conditioners.
* Large private courtyard with access from master bedroom
* Storeroom off the courtyard
* 2 allocated secure weatherproof car parking bays, very close to the apartment
* Within walking distance to a wide range of inner-city amenities, including the railway station, Lakeside Joondalup Shopping Centre, restaurants, cafes, entertainment, and more
Strata fee $761.20 per quarter - including reserve fund.
City rates $1,600.00 Per Year
Water rates $180.00 bi-monthly
As this property is tenanted, viewings will be by appointment only. Please call me if you would like to arrange a time to attend.
The size of Joondalup is approximately 10.6 square kilometres. There are 29 parks, covering nearly 24.8% of the total area. The population of Joondalup in 2016 was 9090 people. By 2021 the population was 9193 showing a population growth of 1.1% in the area during that time. The predominant age group in Joondalup is 20-29 years. Households in Joondalup are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Joondalup work in a professional occupation.In 2021, 56.90% of the homes in Joondalup were owner-occupied compared with 56.00% in 2016.
Joondalup has 5,247 properties. Over the last 5 years, Houses in Joondalup have seen a 100.70% increase in median value, while Units have seen a 90.28% increase. As at 31 July 2026:
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