63 Lakeside Dr, Joondalup is a 6 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 378m2 and floor size of 243m2.This Property is currently listed for sale with Redmond Realty
Positioned just metres from the sparkling shores of Lake Joondalup, this expansive and versatile residence presents an outstanding investment opportunity with exceptional income potential. Offered fully furnished and professionally managed, the property is currently configured to maximise returns with a fully leased five-bedroom main residence plus a separate self-contained 1x1 studio apartment, generating an impressive gross return of approximately $1,895 per week, yes per week!. Designed with both comfort and functionality in mind, the home showcases modern interiors, a neutral colour palette, and an abundance of natural light throughout. The spacious open-plan living, dining and kitchen area flows seamlessly to the outdoor terrace and easy-care gardens, creating a relaxed lifestyle environment for occupants to enjoy.The separate studio apartment, complete with private access, its own kitchen, bathroom and balcony, is rare! With the entire property already fully furnished, tenanted, and professionally managed, investors can enjoy a seamless set-and-forget opportunity from day one.Ground Floor:Tiled entranceFormal lounge room with treetop views (currently utilised as a 5th bedroom)Spacious open-plan kitchen, dining and living areaKitchen with breakfast bar, double sink, gas cooktop, stainless steel rangehood, walk-in pantry and ample storageLaundry with direct outdoor accessPowder roomPaved alfresco entertaining areaSecure double automatic garageDucted air-conditioningUpper Floor:Main Residence:Master bedroom with large walk-in robe and private ensuiteThree additional bedrooms with built-in robesMain bathroom with shower, vanity and built-in bathAdditional powder roomWalk-in linen cupboardStudio Apartment:Private separate accessOpen-plan kitchen, dining and living areaKitchen with gas cooktop and stainless-steel appliancesSpacious bedroomBathroom with shower, vanity and toiletLaundry areaBalcony with reserve viewsReverse-cycle air-conditioningLocation Features:Moments from Yellagonga Regional ParkWalking distance to local shops and cafesClose to Edith Cowan UniversityEasy access to public transportConvenient Mitchell Freeway accessClose to a range of public and private schoolsSurrounded by parks, reserves and walking trailsSpecial Features:Fully furnished investment opportunityProfessionally managed investmentApproximate gross return of $1,895 per weekSeparate self-contained studio apartmentReticulated easy-care gardensDucted air-conditioning system5KW solar panel systemContact Redmond & Blake today for further information on this superb apartment and to discuss all offers, or for an honest & accurate appraisal on your own property.Please note: As the property is currently tenanted, inspection opportunities will be limited to scheduled home opens to respect the tenant's rights and privacy.Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries. If you are considering this property, you must make all enquiries necessary to satisfy yourself that all information is accurate prior to making an offer on this property. Buyers should conduct their own due diligence in terms of actual sizes of the home and/or land and any potential for subdivision/development/building and not rely solely on the information provided herein by the Selling Agents.
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 5,239 properties. Over the last 5 years, Houses in Joondalup have seen a 110.80% increase in median value, while Units have seen a 94.48% increase. As at 30 April 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.