Lot 836 Spectrum Street Eglinton WA 6034 – Allara Estate

$713,030

  • 5
  • 3
  • 3
  • 510m²
  • Dual Key

Dual key: 3 bed + 2 bed

Allara Estate is a premium residential development located in Eglinton, Western Australia. Developed by Satterley, one of the most reputable and successful property developers in Australia, the estate offers a unique blend of coastal living and modern amenities.

Allara Estate features a range of land lots and house and land packages, catering to a variety of homebuyers, including first home buyers, families, and downsizers. The estate is designed to offer residents a connected lifestyle, with easy access to schools, shops, and recreational facilities.

Eglinton is a fast-growing suburb with a high demand for housing, making Allara Estate an attractive investment opportunity. The development is strategically located near major transport links, including the Mitchell Freeway and the future Eglinton Train Station, making it an ideal location for commuters.

With its exceptional design, prime location, and strong demand, Allara Estate presents a unique opportunity for investors seeking to capitalise on the growing property market in Western Australia.

Overview

  • $904.67/m

  • 7.6%

  • 6.64%

  • 0.74%

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 area208 m²
Build price$458,030
Land price$255,000
Title StatusRegistered
Contract typeSplit
Storeys1
Council Rates*$110/m
Water Rates*$80/m
Tax depreciation*$795/m
Rental Income*$3943.33/m
* these figures are an estimate only, based on current average rates and current relevant figures.

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