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Sold Dual Occupancy

2 Greville Grove LAKELANDS, WA 6180

Lakelands, Mandurah, WA, 6180

$ 1,386,427 Sold

This property has sold.

Sold Dual Occupancy
Lakelands, Mandurah, WA, 6180
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  • Dual Occupancy
  • Property Type
  • 5
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Cars
  • 207

Details

Updated on May 22, 2026

Property Type: Dual Occupancy
Secondary Type: SMSF
Price: $ 1,386,427
Land Price: N/A
Build Price: N/A
Gross Per Week: $ 950
Gross Per Annum: $ 49,400
Gross Yield: 3.56%
Capital Growth 12 Months: 12.71%
10Yr Annualised Growth: 5.83%
Vacancy Rate: 2.73%
Property Size: 207 m2
Land Area: 370 m2
Bedrooms: 5
Bathrooms: 3
Parking: 2
Land Title Date: Titled
Property ID: 24935
SKU: 1045
Sold: Jun 17, 2026

Description

Positioned in the sought-after suburb of Lakelands, this Dual Occupancy offers a forward-looking investment opportunity. With 5 bedrooms, 3 bathrooms and 2 car space/s, it blends contemporary design with low-maintenance living. Its modern features appeal to today's market, while its location supports long-term value growth. Whether you're expanding your portfolio or stepping into property investment, it's well suited for future-ready buyers. A property that offers both confidence and opportunity.

Lakelands is a well-connected suburb near Mandurah known for lifestyle amenities and transport accessibility. The area offers schools, retail precincts and proximity to coastal attractions. Strong rental demand continues across Lakelands due to population growth. Investors value Lakelands for its balance of affordability and capital growth potential.

Offering a blend of functionality, style and growth potential, this Dual Occupancy in Lakelands is designed to perform. Whether for investment or living, it provides lasting value in a competitive market. A property that meets both present and future needs.

Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties.

These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.

The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.

The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.

Floor plans

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address

Open on Google Maps
Address 2 Greville Grove LAKELANDS, WA 6180
City Mandurah
State WA
Postcode 6180
Suburb Lakelands
Estate LAKELANDS ESTATE

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

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