FOR SALE
$680,000

1 & 2/21 Robin Street
Lakes Entrance VIC 3909

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 759m2
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DUAL UNITS WITH OCEAN VIEWS AND APPROVED PLANS!

A rare opportunity awaits with these two units, each offering 2 bedrooms, 1 bathroom, and ocean views. Situated in a prime location near the beach, ocean, and the bustling town of Lakes Entrance, this property offers flexibility and potential for the savvy investor or developer.
Currently, both units are tenanted with a solid rental income, making this a low-maintenance, high-reward investment. Whether you're looking to expand your portfolio, secure a coastal retreat, or take advantage of the development potential, this property ticks all the boxes.
Adding to the appeal, a planning permit and plans for two modern townhouses are already in place. You can choose to develop and create luxurious coastal homes or maintain the existing setup as a steady income stream.
Located in a highly sought-after area, these units offer unbeatable proximity to the water, walking paths, local amenities, and the vibrant community of Lakes Entrance.
Opportunities like this don't last long. Whether you want to enjoy as is or realize the full potential of this exceptional property, the choice is yours. Contact our office today to secure your investment!
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Property Details for 1 & 2/21 Robin St, Lakes Entrance

1 & 2/21 Robin St, Lakes Entrance is a 4 bedroom, 2 bathroom BlockOfUnits with 2 parking spaces. The property has a land size of 759m2. The place is currently for sale with King & Heath First National - LAKES ENTRANCE.

Building Type
BlockOfUnits
Land Size
759m2

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About Lakes Entrance 3909

The size of Lakes Entrance is approximately 28.1 square kilometres. It has 19 parks covering nearly 17.7% of total area. The population of Lakes Entrance in 2011 was 4,569 people. By 2016 the population was 4,801 showing a population growth of 5.1% in the area during that time. The predominant age group in Lakes Entrance is 60-69 years. Households in Lakes Entrance are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lakes Entrance work in a labourer occupation. In 2011, 65% of the homes in Lakes Entrance were owner-occupied compared with 65.8% in 2016.

Lakes Entrance has 4,109 properties. Over the last 5 years, Houses in Lakes Entrance have seen a 69.94% increase in median value, while Units have seen a 64.64% increase. As at 30 November 2024:

  • The median value for Houses in Lakes Entrance is $544,737 while the median value for Units is $370,803.
  • Houses have a median rent of $455 while Units have a median rent of $385.
There are currently 107 properties listed for sale, and 7 properties listed for rent in Lakes entrance on OnTheHouse. According to CoreLogic's data, 123 properties were sold in the past 12 months in Lakes entrance.

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Judy Vella
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King & Heath First National - LAKES ENTRANCE
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