2 Greville Grove LAKELANDS, WA 6180
Lakelands, Mandurah, WA, 6180$ 1,403,047
- Dual Occupancy
- Property Type
- 5
- Bedrooms
- 3
- Bathrooms
- 2
- Cars
- 201
Details
Updated on May 22, 2026
| Property Type: | Dual Occupancy |
|---|---|
| Secondary Type: | SMSF |
| Price: | $ 1,403,047 |
| Land Price: | N/A |
| Build Price: | N/A |
| Gross Per Week: | $ 1,000 |
| Gross Per Annum: | $ 52,000 |
| Gross Yield: | 3.71% |
| Capital Growth 12 Months: | 30.97% |
| Capital Growth 10 Year Annualised: | 5.83% |
| Vacancy Rate: | 1.21% |
| Property Size: | 201 m2 |
| Land Area: | 370 m2 |
|---|---|
| Bedrooms: | 5 |
| Bathrooms: | 3 |
| Parking: | 2 |
| Title Status: | Titled |
| Property ID: | 24938 |
| SKU: | 1045 |
| Sold: | Jun 17, 2026 |
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Description
Situated in the thriving suburb of Lakelands, this Dual Occupancy presents an excellent opportunity for modern living and investment. With 5 bedrooms, 3 bathrooms and 2 car space/s, it is thoughtfully designed to suit today's lifestyle needs. Its efficient use of space ensures comfort while maintaining low maintenance requirements. Ideal for investors, it offers a strong balance of rental appeal and future growth potential. A smart choice in a high-demand location.
Lakelands continues to grow as a popular Mandurah corridor suburb offering schools, retail hubs and convenient transport access. The area's family-friendly environment supports strong rental demand. Infrastructure improvements continue to strengthen Lakelands. Investors see Lakelands as a balanced option for yield and long-term growth.
This property is built with long-term growth in mind, offering security, value and strong returns. It provides confidence for investors looking to build wealth while ensuring everyday comfort for residents. A reliable choice in today's market.
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
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.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.
SMSF Single Contract
