FOR SALE
$499,900 (No GST) - Price Reduced!

5/17 Davidson Terrace
Joondalup WA 6027

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 72m2
Land area: 119m2
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Price reduced to sell! - Leased Investment in Top Location

Our keen seller has reduced the price on this 72 sqm Ground floor Suite, which is securely Leased to a popular tenant, Weston's Barbershop, Joondalup. Located on Davidson Terrace, handy to Joondalup Hospital, opposite Prime House (which can accommodate approx. 800 employees in this workplace and currently houses State Government Departments and other tenants); 5/17 Davidson Terrace is nestled into the coveted Brookwood mixed-use complex. With a long-term established tenant in place, these are the ideal premises for a super investment.
• Ground Floor surrounded by specialty stores, including popular 2 Beans Cafe & health professionals
• Ultra-convenient Joondalup location just off Shenton Avenue
• Street frontage to Davidson Terrace
• Air conditioned
• 2 allocated Undercover car bays and plenty of additional car parking nearby
• Great tenant has been in place since 2017
• Professionally managed
• Tenant has Industrial - Chic fit-out in place.
• Leased until Late 2027 with tenant options to extend the Lease
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Property Details for 5/17 Davidson Tce, Joondalup

Building Type
Commercial
Floor Size
72m2
Land Size
119m2

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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.

Suburb Insights for Joondalup 6027

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Grant Mathews
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First Western Realty
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.