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125 Dragonfly Boulevard, Lakelands WA 6180

Sold price: $735,000 Sold: 21 Jan 2026
Sold
  • 3 Bedrooms
  • 2 Bathrooms
  • 2 Cars
  • Landsize 180m2
House
125 Dragonfly Boulevard, Lakelands WA 6180

Sold by Meagan Pettit - Acton|Belle Property

Meagan Pettit from Acton Belle Property presents this investment opportunity positioned in the Gardens Estate of Lakelands and built in 2022. This property is designed for investors seeking strong returns, long-term security and minimal maintenance. Leased until 2 July 2028 with six-monthly CPI increases, this modern home delivers a reliable income stream of $694.12 per week under a NDIS sublet arrangement, making it a compelling addition to any investment portfolio.

Set on a normal (non-strata) title with no strata fees, this easy-care property sits on a 180sqm R40-zoned block and has been purpose-leased for cared living through an established NDIS provider. The result is a truly hands-off investment, ideal for those wanting predictable cash flow without day-to-day management concerns.

The home itself offers a practical and low-maintenance layout, including three bedrooms, two bathrooms and a double garage with laneway access, complemented by additional visitor parking available on the street. Built with modern living in mind, the property is well suited to long-term tenancy and ongoing rental demand.

Beyond the numbers, Lakelands continues to shine as a growth-focused suburb offering lifestyle appeal and strong tenant demand. Residents enjoy proximity to Lakelands Shopping Centre, the Lakelands Train Station, local schools, parks, walking trails and coastal access, making it a well-connected location with enduring appeal for both tenants and investors alike.

Key Investment Features:

• Leased until 2 July 2028 - Agreements available on request.
• Six-monthly CPI rent increases Current rent $694.12 per week.
• NDIS sublet - cared living - Strictly investors only at this time.
• Built 2022 - 3 bedrooms | 2 bathrooms | 2 car garage.
• Laneway access to double garage + extra street parking.
• 180sqm block | R40 zoning, Normal title - no strata fees.
• Low-maintenance, easy-care investment.
• Recent Pest inspection and Treatment, Ducted Reverse Cycle Airconditioning has recently been serviced.

Investment opportunities of this calibre are rarely available.
For access to the video inspection and further details, contact Meagan Pettit - Acton | Belle Property Mandurah today.


INFORMATION DISCLAIMER:
This information is presented for the purpose of promoting and marketing this property. While we have taken every reasonable measure to ensure the accuracy of the information provided, we do not provide any warranty or guarantee concerning its correctness. Acton | Belle Property Mandurah disclaims any responsibility for inaccuracies, errors, or omissions that may occur. We strongly advise all interested parties to conduct their own independent inquiries and verifications to confirm the accuracy of the information presented herein, prior to making an offer on the property.

Property features

  • Garages 2
  • Floor area 99m2

Property snapshot by reiwa.com

This property at 125 Dragonfly Boulevard, Lakelands is a three bedroom, two bathroom house sold by Meagan Pettit at Acton | Belle Property Mandurah on 21 Jan 2026.

Looking to buy a similar property in the area? View other three bedroom properties for sale in Lakelands or see other recently sold properties in Lakelands.

Cost breakdown

  • Water rates: $1,398 / year

Nearby schools

2.3km
Coastal Lakes College
  • Secondary
  • Government
2.7km
Lakelands Primary School
  • Primary
  • Government
2.9km
Mandurah Baptist College
  • Combined
  • Non-government
Disclaimer

Lakelands overview

Are you interested in buying, renting or investing in Lakelands? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.

To provide an understanding of the kind of lifestyle Lakelands offers, we've collated all the relevant market information, key facts, demographics and statistics to help you make a confident and informed decision.

Our interactive map allows you to delve deeper into this suburb and locate points of interest like transport, schools and amenities. 

Lakelands quick stats

High end $850k
Median $785k
Low end $720k
17.2 %
Annual growth
$785k
Annual median sales price
$650pw
Annual median rental price

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FAQ's

125 Dragonfly Boulevard, Lakelands was sold by Meagan Pettit at Acton | Belle Property Mandurah.

You can contact the agent here.

125 Dragonfly Boulevard, Lakelands is a 3 bedroom, 2 bathroom house.
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