26 Kallatina Drive, Iluka WA 6028

Elevated corner block | Custom build with lift | Multi-gen ready | Limited sale history The property offers a rare combination of elevated corner zoning and a custom-built layout purpose-designed for multi-generational living, with internal lift access removing the typical concession to accessibility in two-storey homes. The risk mechanism here is the absence of comparable sales evidence for the finished house-only vacant land transacted in 2021-meaning you are buying on construction premium alone, with no local market confirmation of resale value for this configuration. The opportunity lies in the corner block’s potential for future subdivision or dual-living income, but that depends on council approval which is not yet documented. The judgment is this: hold for long-term family use, not short-term capital gain, and verify zoning flexibility before committing. What makes this property competitively strong is the integrated lift and separate living levels, which directly address a buyer demographic that needs ageing-in-place or adult children independence without relocating. For a position in Iluka’s elevated pocket, this feature set is rare and removes the typical trade-off between space and accessibility. The property serves best a multigenerational household or a buyer planning to accommodate future mobility needs, provided they accept that the purchase premium over standard builds must be absorbed over time rather than flipped. Your next step is to commission a council zoning report and a structural inspection of the lift installation before negotiating, as those factors alone dictate whether this property’s uniqueness protects or traps your investment.