$ 699,000.00
90 Reid Promenade Joondalup WA 6027
$699,000 to $749,000
Patience Brothers Vern and Shane are proud to present this unique opportunity which rarely comes around. Do you need a front window/shop or office and yet also want a great home then this property is perfect. RETURN of 5% minimal . Zoned for both commercial and residential, the furthest you will have to commute is the staircase. The commercial and residential areas are completely separate but as close as door away. So are you that doctor, lawyer, designer, physio... looking for the bests of both world then this is it!
This property is offering the new owner a variety of options :
A – Occupying the spacious Residence of 150 sqm, leasing out the ground floor for sturdy income.
B – Occupying the 72 sqm Office space and collecting the rent from the residence above.
C – Lease and rent out the property as an investment with 5 -7 % net Income .
D – Operate the business on the ground floor and live above, with no travel time and cost.
Superbly positioned between the City of Joondalup offices are only a block away, as is the Joondalup hospital, the new Government building for 600 - 800 new government workers and Lakeside Shopping Centre just a couple of blocks away - The location could not be better, situated on a leafy accessible street with loads of parking including 500 fully covered bays next door, every base is covered.
The commercial space includes a large shop window, approximately 72M2 of floor space ideal for either a shop or office with its own bathroom facilities and parking for 2 cars at the rear, and a lock up garage.
Upstairs is the residential home, with a large delightful lounge and space for two desks and balcony surrounded by trees. Leading from this area is the kitchen with all the mod cons and a separate dining/board room. Outdoors is a lovely open alfresco and a further fully covered alfresco lovely for those Saturday afternoon BBQ's or lunch breaks in the sun.
The 2nd floor consists of a large master suite at the rear of the property, with huge bedroom large WIR and ensuite, with a spa bath. Add to this more two bedrooms, a family bathroom and an open plan study. The floor plan for this is so versatile –
Residential Area Features:
- 3 Bedrooms
- 2 Bathrooms
- Generous 1st floor alfresco area
- Fully air-conditioned throughout
- Lockable Garage with remote roller door
- 2 additional outside bays at the rear of the property
Commercial Area Features
Large open area with a/c
No strata fees
Rent achievable $1900- $2000/month
