125 Dragonfly Bvd, Lakelands is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2022. The property has a land size of 180m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 3 bedroom House sold in Lakelands in the last 12 months.
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.
The size of Lakelands is approximately 7.1 square kilometres. There are 10 parks, covering nearly 3.1% of the total area. The population of Lakelands in 2016 was 4830 people. By 2021 the population was 6171 showing a population growth of 27.8% in the area during that time. The predominant age group in Lakelands is 0-9 years. Households in Lakelands are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lakelands work in a trades occupation.In 2021, 75.10% of the homes in Lakelands were owner-occupied compared with 74.40% in 2016.
Lakelands has 4,728 properties. Over the last 5 years, Houses in Lakelands have seen a 106.76% increase in median value, while Units have seen a 45.90% increase. As at 31 July 2026:
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