Lot 104 Orchardleigh Boulevard, Lakelands WA 6180 – The Gardens Estate

$506,969

  • 4
  • 2
  • 2
  • 315m²
  • H & L

Lakelands is located just a 50 minute drive south of Perth and 46 minutes from Perth Airport. Whilst residents still have quick and easy access to the beautiful Mandurah Beach, only a 15-minute drive away.

Investment Highlights:

  1. 49% population growth projected by 2032
  2. Already supported by the Perth train line to Mandurah
  3. Among the highest new housing approvals in the country

Builder: Future First Homes, known for their reliability and commitment to delivering high-quality service throughout the construction process.

Overview

  • $562.35/m

  • 11.95%

  • 6.67%

  • 0.63%

The estimated cash flow is reflective of a 90% P&I loan with an interest rate of 5.5% over a 30 year term. (Rental income + First year tax depreciation) – (*Loan Repayments + Council Rates + Water rates + Body Corp./Strata when applicable) = Estimated cash flow position
Property breakdown
Home area139.94 m²
Build price$317,969
Land price$189,000
Title StatusDecember 2023
Contract typeSplit
Storeys1
Council Rates*$125/m
Water Rates*$40/m
Tax depreciation*$715/m
Rental Income*$2600/m
* these figures are an estimate only, based on current average rates and current relevant figures.

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