Lot 2 Greville Grove, Lakelands WA (Model B)

Lakelands, Perth, WA, 6180

$ 976,490

Lakelands, Perth, WA, 6180
Lot 2 Greville Grove, Lakelands WA (Model B)-0
Lot 2 Greville Grove, Lakelands WA (Model B)-1

Property Images

Lot 2 Greville Grove, Lakelands WA (Model B)-0 Lot 2 Greville Grove, Lakelands WA (Model B)-1
  • Dual Occupancy
  • Property Type
  • 3+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 1+1
  • Cars
  • 201

Details

Updated on May 18, 2026

Property Type: Dual Occupancy
Price: $ 976,490
Land Price: $ 375,000
Build Price: $ 601,490
Gross Per Week: $ 1140*
Gross Per Annum: $ 59,280
Gross Yield: 6.07%
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: 3+2
Bathrooms: 2+1
Parking: 1+1
Title Status: Titled
Property ID: 23022
SKU: 1071

Description

Positioned within the growing suburb of Lakelands, this Dual Occupancy offers a modern solution for comfortable living and smart investment. With 3+2 bedrooms, 2+1 bathrooms and 1+1 car space/s, it provides a layout that supports both functionality and lifestyle. Its design focuses on ease of living, making it attractive to a wide range of tenants and buyers. Backed by strong growth potential, it stands as a reliable and future-ready property. An ideal addition to any portfolio.


Suburb profile:

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.



Whether you're looking to diversify your investments or secure a low-maintenance home, this Dual Occupancy in Lakelands delivers on all fronts. With its balance of comfort and growth potential, It's an opportunity worth securing. An investment that stands out for the future.

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.

Address Lot 2 Greville Grove, Lakelands WA (Model B)
City Perth
State WA
Postcode 6180
Suburb Lakelands

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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

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