FOR SALE
Price by Negotiation

18 Grand Boulevard
Joondalup WA 6027

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1350m2
Land area: 1350m2
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For Investors and Hotel Accommodation Operators

Prime Joondalup CBD Location.
The Joondalup City Hotel is a near new, modern, independently owned and operated boutique hotel, nestling on the tree-lined Grand Boulevard in the City Centre North of Joondalup - the lively capital of the Northern Suburbs of Perth, Western Australia - which is also a perfect gateway to discover many of the spectacular beaches along our idyllic Sunset Coast.
This is a rare opportunity to acquire this boutique inner-city hotel with an established trade in a busy commercial precinct.
NAI Harcourts Metro is pleased to offer for sale the Joondalup City Hotel which incorporates a modern 35 room hotel, with approval for a further 30 rooms, restaurant/bar, and rear visitor car park. All situated on a massive 1350sqm site in an ideal location.
Centrally located and convenient for all the amenities within the city of Joondalup - a gentle five minute stroll will take patrons to the Lakeside Shopping Centre with its many and varied retail and restaurant outlets - bus and commuter train services are also housed here with frequent transfers to Perth just 20 minutes away.
Key Features:
- Stylish and modern designed 35 room hotel and restaurant/bar.
- High exposure site with a huge 52m wide frontage to the tree-lined Grand Boulevard.
- Recent Development Approval for a further 30 rooms and additional parking
- Owner-operator or investor
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Property Details for 18 Grand Bvd, Joondalup

Building Type
Commercial
Floor Size
1350m2
Land Size
1350m2

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About Joondalup 6027

The size of Joondalup is approximately 10.6 square kilometres. It has 29 parks covering nearly 24.8% of total area. The population of Joondalup in 2011 was 9,197 people. By 2016 the population was 9,098 showing a population decline 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 2011, 54.4% of the homes in Joondalup were owner-occupied compared with 56% in 2016.

Joondalup has 5,236 properties. Over the last 5 years, Houses in Joondalup have seen a 71.27% increase in median value, while Units have seen a 69.13% increase. As at 31 July 2024:

  • The median value for Houses in Joondalup is $809,740 while the median value for Units is $485,214.
  • Houses have a median rent of $625 while Units have a median rent of $535.
There are currently 45 properties listed for sale, and 33 properties listed for rent in Joondalup on OnTheHouse. According to CoreLogic's data, 352 properties were sold in the past 12 months in Joondalup.

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Albert Fontana
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NAI Harcourts Metro
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