Lot 2206, Dolphin Drive, Alkimos WA 6038 – Alkimos Beach Estate

$583,500

  • 4
  • 2
  • 2
  • 316m²
  • H & L

Alkimos offers a coastal lifestyle with pristine beaches, scenic parks, and a relaxed atmosphere. Residents can enjoy outdoor activities like swimming, surfing, and coastal walks. The area boasts modern amenities, including schools, shopping centers, and community facilities. With ongoing development and a growing community, Alkimos offers a vibrant and family-friendly lifestyle.

As a part of this carefully planned community with a strong focus on sustainability and modern urban design you’ll enjoy green spaces, cycling and walking paths, and smart infrastructure to create a livable and environmentally conscious environment.

Economic Drivers:

✅ Yanchep Rail Extension: This project involves the extension of the existing Joondalup Line to the northern suburb of Yanchep, which is adjacent to Alkimos. The project includes the construction of new railway stations and associated infrastructure. The estimated cost of the project is around $531 million. Construction began in late 2019, and the rail extension is expected to be completed in late 2023.

✅ Marmion Avenue Dual Carriageway: The Western Australian government has allocated funding for the upgrade of Marmion Avenue to a dual carriageway between Butler and Yanchep. The project aims to improve road capacity and traffic flow along this important corridor. The estimated cost and completion date of this project have not been explicitly specified.

✅ Alkimos Central: Alkimos Central is a planned town center and commercial precinct located within the Alkimos area. The development is set to feature retail outlets, community facilities, dining options, and recreational spaces. While specific cost and completion details for Alkimos Central are not readily available, it is an ongoing project aimed at enhancing the local amenities and creating a vibrant hub for residents.

→ Check out the info pack and AreaSearch report below to find out more about these projects and other important economic drivers.

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Overview

  • $137.42/m

  • 9.36%

  • 5.52%

  • 1.04%

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 area185.8 m²
Build price$358,500
Land price$225,000
Title StatusRegistered
Contract typeSplit
Storeys1
Council Rates*$125/m
Water Rates*$40/m
Tax depreciation*$598.16/m
Rental Income*$2686/m
* these figures are an estimate only, based on current average rates and current relevant figures.

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