FOR SALE
Price By Negotiation

27/53 Davidson Terrace
Joondalup WA 6027

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 90m2
Land area: 133m2
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Quality Investment Opportunity

NAI Harcourts Metro is pleased to present to the market this 133 sqm (approx.) leased investment property which is part of a two shop lease. Currently leased to a long term tenant, trading under the Dome brand, until 2025 with a further two 5 year option available.
Property details:
• Zoning "City Centre"
• 3 car bays
• Current return on investment of approximately 6.6% pa.
This property is located in Joondalup CBD near Joondalup Hospital, which is the major hospital in the Northern Suburbs, Lakeside Joondalup Shopping Centre, the third largest shopping centre in WA, the Joondalup train station and HBF Arena Joondalup are all accessible and in close proximity.
The city centre of Joondalup is a thriving multi residential and business hub where several State and Local Government's offices and staff are based including the City of Joondalup Administration and Library buildings, offices and staff of the State Government Department of Transport, the Department of Communities and the Department of Water and Environmental Regulation are all within walking distance from the premises.
The Kwinana / Mitchell Freeway is easily accessible from the property. The Joondalup train station is located to the immediate south of Lakeside Joondalup Shopping Centre, approximately 400m south of the property and provides public transport to the Perth CDB and Perth's Northern Suburbs.
If you are looking to purchase an investment property, then place this one high on your list!
Call Tony Romano on 0407 388 139 for further information.

Property Details for 27/53 Davidson Tce, Joondalup

Building Type
Commercial
Floor Size
90m2
Land Size
133m2

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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 5,220 properties. Over the last 5 years, Houses in Joondalup have seen a 78.47% increase in median value, while Units have seen a 86.97% increase. As at 30 September 2024:

  • The median value for Houses in Joondalup is $835,102 while the median value for Units is $524,886.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 54 properties listed for sale, and 28 properties listed for rent in Joondalup on OnTheHouse. According to CoreLogic's data, 324 properties were sold in the past 12 months in Joondalup.

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Tony Romano
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NAI Harcourts Metro
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