1/85 Reid PromenadeJoondalup WA 6027
Property Details for 1/85 Reid Prom, Joondalup
1/85 Reid Prom, Joondalup is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 104m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (June 2022)
Perfect for those who like to avoid stairs or elevators, and a great work from home location, this 90 sqm Ground floor tenancy on Reid Promenade offers a flexible lifestyle. This mixed-use complex is within walking distance of Lakeside Shopping Centre and Joondalup CBD shops and cafes.
Currently leased to an excellent tenant at $350 per week, the property provides an investor with the opportunity to extend the Lease (subject to agreement: The current tenancy is periodic, the current tenant would like to stay on, but vacant possession may also be possible.
Owner-occupiers could potentially move in later (subject to residential tenancy notice requirements) or select a settlement date to work around the end of the Lease.
- Ground Floor Location, walk straight into your own Joondalup CBD sanctuary from the street front.
- Main Entrance to Reid Promenade
- Large Open plan tiled Lounge
- 2 Large Bedrooms with built-in robes
- 2 bathrooms with shower
- Reverse Cycle Air Conditioning
- Kitchen with automatic dishwasher
- Laundry
- One car bay with remote controlled gate access.
- Additional street side parking (metered Mon - Fri business hours but free after hours) and loads of other public parking nearby
- Cat 6 cabling
- Will suit a variety of uses (potentially could be used as a home office or a commercial office, subject to a change of use/classification).
Additional Information:
- Strata Levies $562.51 Per Quarter - Inclusive of Admin and Reserve (approx)
- Council Rates $1415.49 Per Annum (approx)
- Water Rates $952.44 Per Annum (approx)
Viewing by prior appointment - Please Call Grant Mathews of First Western Realty on 0488 024 352 or email grant@firstwesternrealty.com.au for further details or to make an appointment to view.
Property History for 1/85 Reid Prom, Joondalup, WA 6027
- 10 May 2022Sold for $315,000
- 12 Nov 2021Listed for Sale $349,000
- 30 Mar 2020Listed for Rent $290 / week
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0About 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 5,231 properties. Over the last 5 years, Houses in Joondalup have seen a 77.47% increase in median value, while Units have seen a 80.19% increase. As at 31 August 2024:
- The median value for Houses in Joondalup is $831,044 while the median value for Units is $515,282.
- Houses have a median rent of $650 while Units have a median rent of $550.
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